FREMONT, Calif., July 27, 2023 (GLOBE NEWSWIRE) — Enphase Energy, Inc. ( NASDAQ: ENPH ), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that its Board of Directors approved a new share repurchase program with authorization to purchase up to $1.0 billion of shares of its common stock. "Given our confidence in our long-term strategy and the value we see in our stock, our board has authorized an additional $1.0 billion for share repurchases," said Badri Kothandaraman, president and CEO of Enphase Energy.