Monolithic Power Systems Announces $640 Million Stock Repurchase Program

December 15, 2023

https://www.globenewswire.com/news-release/2023/10/30/2769651/0/en/Monolithic-Power-Systems-Announces-640-Million-Stock-Repurchase-Program.html

KIRKLAND, Wash., Oct. 30, 2023 (GLOBE NEWSWIRE) — Monolithic Power Systems, Inc. (“MPS”) (Nasdaq:MPWR), a fabless company with a global footprint that provides high-performance, semiconductor-based power electronic solutions, today announced its Board of Directors has approved a new stock repurchase program that authorizes MPS to repurchase up to $640 million in the aggregate of its common stock, which will expire on October 29, 2026.

Read more at globenewswire.com

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