Power-dividing and/or power-combining circuits have inputs, outputs, at least three electrical pathways, and at least three electronic devices, such as amplifiers, with substantially equal input and output reflection At least one of the electronic devices is in each of the electrical pathways. In one embodiment, multiple phase shift components, such as delay lines, are electrically connected to the electronic devices in each of the electrical pathways. These phase shift components are selected so that a vector sum of the reflected signals from the electronic devices to the inputs and/or the outputs is substantially minimized. In another embodiment, a serial bus extends from the inputs/outputs and at least three pathways in the circuit. The serial bus includes serially-connected impedance-providing components positioned among at least three pathways with the impedance-providing components increasing in impedance from one end to the other end of the serial bus in an amount sufficient to produce a substantially equal amount of power to each of the electronic devices and to substantially minimize input and output reflections.