Calix Board Authorizes Additional $100M Stock Buyback

Calix, Inc. announced that its Board of Directors has amended the company's stock repurchase program. The Board authorized the repurchase of up to an additional $100 million of its common stock, increasing the total authorization under the program to $525 million. This action provides Calix with continued flexibility in its capital allocation strategy, allowing for repurchases through various methods depending on market conditions.