Silicon Labs' Board Authorizes New $100M Share Buyback Program

Silicon Labs

today announced that its board of directors approved a new share repurchase program that authorizes management to buy back up to $100 million of the Company's common stock through fiscal year 2016. The new program is additive to the remainder of the Company's previous $100 million share repurchase program, with $47 million remaining as of August 25, 2015.