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Calix, Inc. Buyback

OLI recorded this information on 11/16/2023

Company: Calix, Inc.
Buyback: CALX buyback
$Amount Authorized: $100,000,000
Buyback Details: Calix, Inc. (NYSE:CALX) today announced that its board of directors increased the authorization to repurchase the Company's common stock by an additional $100 million under the existing stock repurchase program.

Calix is a global provider of cloud and software platforms, systems and services that focus on the access network, the portion of the network that governs available bandwidth and determines the range and quality of services that can be provided to subscribers. These cloud and software platforms enable broadband service providers to improve their businesses. Co.'s platforms are: Calix Cloud®, which includes Calix Marketing Cloud, Calix Support Cloud and Calix Operations Cloud; EXOS®, which is marketed as the Experience Innovation Platform; and AXOS®, which is marketed as the Network Innovation Platform. These platforms are provided as the Revenue EDGE and the Intelligent Access EDGE.

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Company Name:  Calix Inc
Stock buyback:  CALX buyback
Website:  www.calix.com
Sector:  Communications Services
Number of ETFs Holding CALX:  48
Total Market Value Held by ETFs:  $409.41M
Total Market Capitalization:  $1.92B
% of Market Cap. Held by ETFs:  21.38%
 

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April 24, 2024    2:42 AM Eastern
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Strong Buy (3.62 out of 4)
64th percentile
(ranked higher than approx. 64% of all stocks covered)

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