SAN JOSE, Calif. Feb. 3, 2011 August 2010 $50 million to $70 million December 31, 2011 August 2, 2010 December 31, 2010 $31.5 million
December 31, 2010 $196.9 million
Stock repurchases under the program may be made through open market repurchases, privately negotiated transactions or other structures in accordance with applicable state and federal securities laws, at times and in amounts as management deems appropriate. The timing and the amount of any repurchased common stock will be determined by MPS’ management based on its evaluation of market conditions, legal requirements, share price, and other factors. Repurchases of common stock may be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The repurchase program does not obligate MPS to purchase any particular number of shares and may be suspended, modified, or discontinued at any time without prior notice.
About Monolithic Power Systems, Inc.
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SOURCE Monolithic Power Systems, Inc.