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Silicon Labs' Board of Directors Authorizes Additional $50 Million to Existing Share Repurchase Program

PR Newswire - Tue Nov 1, 2022

AUSTIN, Texas, Nov. 1, 2022 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced its board of directors has increased the authorization for repurchase of the company's common stock by an additional $50 million. Originally announced on July 27, 2022, and subsequently increased on August 29, 2022, the stock repurchase program has a remaining authorized amount of $300 million, inclusive of this incremental $50 million. The authorization remains in effect until December 30, 2023.

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