Micrel, Inc. (MCRL) Increases Buyback by $25M

Micrel, Incorporated (NASDAQ: MCRL) today announced that its Board of Directors authorized the repurchase of an additional $25.0 million of Micrel's common stock. This new authorization is in addition to the approximately $17.7 million of the Board of Directors' previous authorization remaining as of August 19, 2014.

The repurchases may occur from time to time in the open market or in privately negotiated transactions; provided that the repurchases are made in accordance with the terms of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. The timing and amount of any repurchase of shares will be determined by Micrel's management, based on its evaluation of market conditions, cash on hand and other factors. The authorization will stay in effect until the aggregate authorized amount is expended or the authorization is modified by the Board of Directors.

You May Also Be Interested In

• Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
• KB Home (KBH) Announces $1B Share Buyback, Raises Dividend
• Cleveland-Cliffs (CLF) Reports Q1, Announces $1.5B Share Buyback