On October 8, 2026, Calix, Inc. announced that its board of directors has approved an increase to the Company’s existing stock repurchase authorization. The board authorized an additional $100 million for repurchasing shares of the Company’s common stock.
The repurchase program allows Calix to buy back shares from time to time using various methods, including open market purchases and privately negotiated transactions, provided they comply with Securities and Exchange Commission regulations. The Company stated that the specific timing, price, and size of any purchases will depend on prevailing stock prices, general economic and market conditions, and other factors consistent with its capital allocation strategy.
The Company noted that the stock repurchase program does not obligate it to purchase any specific dollar amount or number of shares. The program may be suspended or discontinued at any time.
Calix, Inc. is an AI platform company that enables service providers to transform their operations. The Company’s AI-native Calix One platform is used by more than 1,200 customers.
