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Calix Expands Stock Buyback Program with Additional $125 Million Authorization


Calix has expanded its stock buyback program by authorizing an additional $125 million in share repurchases, reinforcing the company’s commitment to returning capital to shareholders and signaling confidence in its financial position. This increase adds to the existing repurchase program and gives Calix flexibility to buy back common stock through open market purchases, privately negotiated transactions, or other methods in accordance with SEC rules.
The new authorization brings the total buyback capacity to a substantial level, enhancing the company’s ability to support its share price and manage capital allocation strategically. Calix’s board of directors approved the expansion as part of ongoing efforts to balance investment in growth with disciplined capital returns.
Under the expanded program, Calix does not commit to purchasing a specific dollar amount or number of shares, and the timing of any repurchases will depend on market conditions, prevailing stock prices, and other factors consistent with the company’s financial strategy. This flexible approach allows Calix to act opportunistically and potentially offset dilution from equity compensation or other corporate activities.
Calix is known for its broadband and software platforms that support service providers with cloud-based tools and managed services, and the buyback expansion reflects confidence in both its technology roadmap and long-term business prospects.

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