By Paul Ziobro
Cadence Design Systems has added up to $1.5 billion to its existing share buyback program.
The maker of electronic systems and software on Monday said that its board last week approved the expanded repurchase plan.
As of March 31, Cadence had approximately $477 million remaining under repurchase plan, which was most recently increased in August 2023, according to its quarterly filing with the Securities and Exchange Commission.
Write to Paul Ziobro at paul.ziobro@wsj.com
(END) Dow Jones Newswires
May 12, 2025 16:49 ET (20:49 GMT)
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