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CDNS / Cadence Design stock climbs into record territory after $200 million accelerated buyback agreement

Shares of Cadence Design Systems Inc. CDNS, +1.71% climbed 2.3% into record territory in premarket trading Tueday, after the electronic systems design company announced a $200 million accelerated share repurchase (ASR) agreement. The ASR represents 0.3% of the company's market capitalization of $63.6 billion as of Monday's close. Read More

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Content Topics

Cadence

Design

Stock

Climbs

Into

Record

Territory

After

200 Million

Accelerated

Buyback

Agreement

CDNS

Posted: Jun 13 2023, 09:17

Author Name: Market Watch

CDNS News

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