---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027805"
form_type: "8-K"
ticker: "PRLB"
cik: "0001443669"
company_name: "Proto Labs Inc"
filed_at: "2022-11-21T23:59:59+00:00"
generated_at: "2026-06-21T14:56:47.297022+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Proto Labs increases share repurchase authorization by $50M to $200M, extends to 2024

## Summary
- Board authorized increase from $150M to $200M; program extended through December 31, 2024.
- As of Nov 21, 2022, approx. $111M repurchased since 2017; $89M remains available.
- Capital allocation priorities unchanged: organic investment, M&A, then shareholder returns.
- Repurchases may occur in open market or private transactions based on market conditions.

## SEC filing metadata
- accession: 0001437749-22-027805
- form_type: 8-K
- ticker: PRLB
- cik: 0001443669
- company_name: Proto Labs Inc
- filed_at: 2022-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1443669/000143774922027805/0001437749-22-027805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1443669/000143774922027805/prlb20221118_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027805
- JSON: https://secwatch.observer/filing/0001437749-22-027805.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027805.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.