Company: CRUS
Filing Date: 2025-05-23
Form Type: 10-K
Source: 0000772406-25-000014
Chunk: 61

Company: CIRRUS LOGIC, INC.
Filing Date: 2025-05-23
Form: 10-K
Item: Item 5
Chunk 61
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ITEM 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Our common stock is traded on the NASDAQ's Global Select Market under the symbol CRUS.

As of May 21, 2025, there were 299 holders of record of our common stock.

Dividend Policy

We have not paid any dividends on our capital stock.  We do not anticipate declaring or paying in the foreseeable future any dividends on our capital stock.  Any future determination to pay dividends will be made at the discretion of our board of directors, subject to applicable laws, and will depend upon our results of operations, financial condition, contractual restrictions, capital requirements, and other factors.  Our future ability to pay dividends on our capital stock may be limited by the terms of any future debt that we may incur or any preferred securities that we may issue in the future.

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Table of Contents 

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

The following table provides information about purchases of equity securities that are registered by us pursuant to Section 12 of the Exchange Act during the three months ended March 29, 2025 (in thousands, except per share amounts): Monthly PeriodTotal Number of Shares PurchasedAverage Price Paid Per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsApproximate Dollar Value of Shares That May Yet Be Purchased Under the Plans or Programs (1)December 29, 2024 - January 25, 2025— $— — $154,110 January 26, 2025 - February 22, 2025699 107.35 699 79,049 February 23, 2025 - March 29, 2025228 109.39 228 554,108 Total927 $107.85 927 $554,108 

(1) The Company currently has two active share repurchase authorizations: $500 million in share repurchases authorized by the Board of Directors in July 2022 and $500 million in share repurchases authorized by the Board of Directors in March 2025.  The repurchases are to be funded from existing cash and intended to be effected from time to time in accordance with applicable securities laws through the open market, including pursuant to a Rule 10b5-1 trading plan, or in privately negotiated transactions.  The timing of the repurchases and the actual amount