Volterra Semiconductor (VLTR) Increases Buyback By $5M

May 1, 2009 9:13 AM EDT

Volterra Semiconductor (Nasdaq: VLTR) approved an increase of $5 million to the previously authorized $15 million share repurchase plan. Volterra Semiconductor has completely utilized the previously authorized $15 million for the repurchase of its shares.

This additional $5 million to be repurchased may be effected from time to time on the open market at prevailing market prices or in negotiated transactions off the market. The repurchases shall be made in compliance with applicable rules and regulations and may be made under a plan that complies with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

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Volterra Semiconductor Corporation (Volterra) designs, develops and markets, high-performance analog and mixed-signal power management semiconductors for the computing, storage, networking and consumer markets.


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