Tranche Update on Dolby Laboratories, Inc.'s Equity Buyback Plan announced on November 3, 2009.
February 02, 2024 at 06:08 am EST
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From September 30, 2023 to December 29, 2023, the company has repurchased 967,789 shares, representing 1.01% for $80 million. With this, the company has completed the repurchase of 49,683,785 shares, representing 47.92% for $2,819.62 million under the buyback announced on November 3, 2009.
Dolby Laboratories, Inc. is engaged in designing and manufacturing of audio and imaging hardware and software products for the cinema, television, broadcast and entertainment industries. The Company's products are used in content creation, distribution and playback to enhance image and sound quality and improve transmission and playback. Its cinema imaging products include digital cinema servers used to load, store, decrypt, decode, watermark, and playback digital film files for presentation on digital cinema projectors and software used to encrypt, encode and package digital media files for distribution. Its cinema audio products include cinema processors, amplifiers and loudspeakers used to decode, render, and optimally play back digital cinema soundtracks, including those using Dolby Atmos. The Company's other products include three dimensional glasses and kits, broadcast hardware and software. Its technology includes Dolby Atmos, Dolby TrueHD, Dolby Vision and Dolby Digital Plus.
DOLBY LABORATORIES, INC. 
