PLX Technology (PLXT) Adds 2M Shares to Buyback Program

July 15, 2008 5:02 PM EDT

PLX Technology, Inc. (NASDAQ: PLXT) today announced that its Board has approved the additional buyback of up to 2 million shares of stock.

With the 281,000 remaining repurchase capacity under the 2002 authorization and the 2,000,000 shares added to the program by the Board of Directors today, PLX has the capacity to repurchase up to 2,281,000 shares.

PLX Technology, Inc. develops and supplies semiconductor devices that accelerate and manage the transfer of data in microprocessor-based systems.


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