Calix boosts stock buyback authorization by $100 million
CALX•Calix’s board increased the company’s stock repurchase authorization by an additional $100 million under its existing program.
1. Repurchase authorization
Repurchases may be made from time to time through open-market purchases or privately negotiated transactions, subject to SEC rules and other legal requirements. Their timing, price and size will depend on market conditions and factors tied to the company’s capital allocation strategy. The program does not require Calix to repurchase a specific amount of stock and may be suspended or discontinued at any time.
