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Cirrus Logic shared its financial results for the second quarter and plans to buy back up to $500 million in stock.

ResultsRead the original at SEC EDGAR
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The added authorization gives Cirrus room to return more cash to shareholders, supporting its shares. But repurchases are optional, and the filing gives no quarter figures to judge business results.

CRUS · Cirrus Logic, Inc.

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The added authorization gives Cirrus another way to return cash and may reduce its share count if purchases happen. But the company can pause or stop repurchases, and this filing gives no figures for the quarter's results.

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