|8-KJan 28, 4:17 PM ET

CALIX, INC 8-K

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Calix, Inc. Increases Stock Buyback Authorization to $425M

What Happened Calix, Inc. (CALX) filed an 8-K (Jan 28, 2026) reporting that on January 27, 2026 its Board amended the company’s stock repurchase program to add $125.0 million of authorization. That increase brings the total authorized repurchase capacity under the program to $425.0 million. The filing also notes that as of December 31, 2025, the remaining authorized balance under the program was $109.3 million.

Key Details

  • Board action date: January 27, 2026; 8-K filed January 28, 2026.
  • Increase: $125.0 million additional repurchase authorization.
  • New total authorization: $425.0 million.
  • Prior remaining authorization (Dec 31, 2025): $109.3 million.
  • Repurchases may be made via open-market purchases, privately negotiated transactions, or other methods, and can be suspended or discontinued at the company’s discretion.

Why It Matters An increased buyback authorization gives Calix flexibility to return capital to shareholders or manage its share count, subject to market conditions and corporate strategy. The program does not obligate the company to buy a specific amount of stock and purchases will depend on timing, price and economic conditions. For investors, the change signals the Board’s willingness to use cash for repurchases but does not guarantee any immediate purchases.