Powerlaw Corp. authorized a share buyback program, according to company announcements.

$43 million

The reported size of the share buyback program, according to one source.

The buyback program is for $43 million, one source reported. Another source did not mention the amount, leaving the figure single-sourced.

Following the approval, Powerlaw Corp. stock rose, according to a separate report. This movement was not confirmed by additional sources.