Skyworks Solutions Trading Volume Surges to $463 Million Ranking 281st in Daily Volume

On May 12, 2025, Skyworks Solutions, Inc. (NASDAQ: SWKS) saw a significant surge in trading volume, with a total of $463 million in shares exchanged, marking a 35.39% increase from the previous day. This surge placed Skyworks at the 281st position in terms of trading volume for the day. The stock price of Skyworks has been on a steady upward trajectory, rising by 7.08% and marking its fourth consecutive day of gains, with a total increase of 10.65% over the past four days.

Skyworks Solutions, Inc. recently announced a new stock repurchase program, authorizing the repurchase of up to $500 million of its common stock. This program replaces the previous $400 million repurchase program, which had $95 million of repurchase authority remaining. The new program allows Skyworks to buy back shares on the open market or through privately negotiated transactions, in compliance with applicable securities laws and other legal requirements. The timing and amount of any shares repurchased will be determined by the company's management based on market conditions and other factors. The repurchase program may be suspended or discontinued at any time, and any repurchased shares will be available for use in connection with the company's stock plans and for other corporate purposes. The company expects to fund the repurchase program using its working capital, which includes cash and cash equivalents of $1.35 billion as of December 30, 2016.