Monolithic Power Systems Announces $500 Million Stock Repurchase Program

KIRKLAND, Wash., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a global company that provides high-performance, semiconductor-based power electronics solutions, today announced its Board of Directors has approved a new stock repurchase program that authorizes MPS to repurchase up to $500 million in the aggregate of its common stock, which will expire on February 4, 2028. Shares of common stock repurchased under the program will be retired. As of December 31, 2024, ...