Dolby Laboratories Announces Additional $250M for Stock Repurchase Program

Dolby Laboratories, Inc. DLB today announced that its Board of Directors has approved an additional $250 million for its stock repurchase program, bringing the approximate amount available for future repurchases of Dolby's Class A Common Stock to $392.5 million. The objective of the ongoing program is to offset dilution from the Company's equity compensation programs.