---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-25-000061"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-22T01:00:46.352614+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cadence Design Systems board approves $1.5B share repurchase authorization

## Summary
- Board approved repurchase of up to $1.5B of common stock under existing program; no expiration date.
- All ten director nominees elected with majority support; say-on-pay approved with ~87% for.
- Stockholder proposal on political spending not approved: 121.7M against vs 98.1M for.
- Repurchases may be made through open market, block trades, or Rule 10b5-1 plans.

## SEC filing metadata
- accession: 0000813672-25-000061
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2025-05-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.07, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367225000061/0000813672-25-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367225000061/cdns-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-25-000061
- JSON: https://secwatch.observer/filing/0000813672-25-000061.json
- Plain text: https://secwatch.observer/filing/0000813672-25-000061.txt

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