Switching Regulator Implementing Power Recycling

A controller for a switching regulator receiving an input voltage and generating a regulated output voltage includes a buck control circuit and a boost control circuit. The controller activates the buck control circuit to generate the regulated output voltage having a first voltage value less than the input voltage. The controller activates the boost control circuit to return charges stored on the output capacitor at the output node to the input node, thereby driving the regulated output voltage to a second voltage value lower than the first voltage value. In some embodiments, in response to a command instructing the controller to allow the output voltage to decay, the controller operates in the boost mode using the boost control circuit to recycle the stored charge at the output node while ramping down the output voltage.