Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Common Stock Repurchases

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Note 9 - Common Stock Repurchases
9 Months Ended
Jan. 01, 2017
Notes to Financial Statements  
Stockholders' Equity Note Disclosure [Text Block]
NOTE
9
.
COMMON STOCK REPURCHASES
 
From time to time with our Board of Directors’ approval, we acquire outstanding common stock in the open market to partially offset dilution from our equity award programs and to increase our return on our invested capital.
 
On
August
28,
2007,
we announced the approval of a share repurchase plan and authorized the repurchase of up to
$100.0
million of our common stock.
 
On
July
9,
2013,
we announced the approval of a share repurchase program under which we were authorized to repurchase an additional
$50.0
million of our common stock. The repurchase program does not have a termination date, and
may
be modified, extended or terminated at any time. We intend to retire all shares repurchased under the stock repurchase plan. The purchase price for the repurchased shares of Exar is reflected as a reduction of common stock and additional paid-in capital. Since the inception of the repurchase plan through
January
1,
2017,
we have repurchased a total of
11.1
million shares for an aggregate purchase price of
$105.2
million.
 
We did not repurchase any common stock during the
three
or
nine
months ended
January
1,
2017
or
December
27,
2015.