Clearfield, Inc. has authorized an increase in their common stock share repurchase program from $65 million to $85 million. Cheri Beranek, President and CEO, stated that this decision reflects the Board’s belief that the current share price does not fully capture the company’s long-term potential. The repurchase program allows Clearfield to buy back shares through various means, funded by cash on hand. The program is expected to continue indefinitely until the maximum dollar amount of shares has been repurchased or until modified, suspended, or terminated by the Board of Directors. For more information, visit www.SeeClearfield.com.

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