Tranche Update on Cirrus Logic, Inc.'s Equity Buyback Plan announced on August 2, 2022.
May 07, 2024 at 04:01 pm
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From December 31, 2023 to March 30, 2024, the company has repurchased 548,000 shares, representing 1.02% for $49.99 million. With this, the company has completed the repurchase of 2,293,219 shares, representing 4.21% for $184.9 million under the buyback announced on August 2, 2022.
Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company's product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, laptops, tablets, virtual reality/augmented reality headsets, wearables, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters and standalone digital signal processors. HPMS Products include camera controllers, haptics and sensing solutions, and battery and power integrated circuits (ICs). Additionally, the Companyâs SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customersâ products by improving the user experience.
CIRRUS LOGIC, INC. 
