Vicor (VICR) said in a regulatory filing Thursday that its board approved a share repurchase program to buy back up to $150 million of its common stock.
The new authorization, which has no expiry, replaces the company's previously approved buyback program, according to the filing with the US Securities and Exchange Commission.
Vicor shares were up more than 3% in Thursday trading.
Price: $204.04, Change: $+6.81, Percent Change: +3.45%