- Current report filing (8-K)
November 05 2010 - 6:05AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
______________
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported):
November
4, 2010
|
CIRRUS LOGIC, INC.
|
|
(Exact
name of Registrant as specified in its charter)
|
Delaware
|
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0-17795
|
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77-0024818
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(State or Other Jurisdiction of
Incorporation or Organization)
|
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(Commission
File Number)
|
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(IRS Employer
Identification No.)
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2901 Via Fortuna, Austin, TX
|
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78746
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(512)
851-4000
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[ ]
Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
On November 4, 2010, Cirrus Logic, Inc. (the “Company”) announced that
it had completed the repurchase of approximately 1.5 million shares of
the Company’s stock, at an average price of $12.96, pursuant to the $20
million share repurchase program authorized by the Board of Directors in
January 2009. In addition, the Company announced that the Cirrus Logic
Board of Directors has authorized a share repurchase program of up to an
additional $80 million. The repurchases will be funded from existing
cash and will be effected from time to time in accordance with
applicable securities laws through the open market or in privately
negotiated transactions. The timing of the repurchases and the actual
amount purchased will depend on a variety of factors including the
market price of the Company’s shares, general market and economic
conditions, and other corporate considerations. The program does not
have an expiration date, does not obligate the Company to repurchase any
particular amount of common stock, and may be modified or suspended at
any time at the Company's discretion.
A copy of the press release announcing the share repurchase program is
attached to this Form 8-K as Exhibit 99.1, and is incorporated herein by
reference.
Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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Exhibit
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Description
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Exhibit 99.1
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Cirrus Logic, Inc. press release dated November 4, 2010
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SIGNATURES
Pursuant to
the requirements of the Securities Exchange Act of 1934, Registrant has
duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
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CIRRUS LOGIC, INC.
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|
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Date: November 4, 2010
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By:
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/s/ Thurman K. Case
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Name:
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Thurman K. Case
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Title:
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Chief Financial Officer
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