StocksMedium•4 November 2026•
1 min read
Cirrus Logic Shares Fall After Q2 Results and $500M Buyback Announcement
Key Facts
1Cirrus Logic shares declined following the release of Q2 fiscal results and forward guidance.
2The company unveiled a new $500 million share buyback program.
Cirrus Logic shares declined following the release of its fiscal second-quarter results and forward financial guidance. Seeking Alpha reported that the company simultaneously unveiled a new $500 million share buyback program.
CRUS closed at $112.32 on November 3, 2026, with the stock trading between a low of $111.45 and a high of $114.88 during that session. Market reaction focused on the company's forward-looking guidance, which outweighed the announcement of the significant capital return program.