---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-22-000032"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:39:30.475857+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadence Design Systems announces $100M accelerated share repurchase agreement

## Summary
- Entered ASR with Royal Bank of Canada to repurchase $100M of common stock.
- Initial delivery of approx 489,000 shares; remainder settled in Q3 2022.
- Final price based on daily VWAP during term less a discount.

## SEC filing metadata
- accession: 0000813672-22-000032
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367222000032/0000813672-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367222000032/cdns-20220621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-22-000032
- JSON: https://secwatch.observer/filing/0000813672-22-000032.json
- Plain text: https://secwatch.observer/filing/0000813672-22-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.