other material
confidence high
sentiment positive
materiality 0.60
Cadence board authorizes additional $1B share repurchase under existing program
CADENCE DESIGN SYSTEMS INC
- Board approved repurchase of up to $1 billion of common stock on August 11, 2022.
- Repurchases may be executed via open market, private deals, ASRs, block trades, or 10b5-1 plans.
- Program has no expiration; timing and amount depend on market conditions and other factors.
- Company may modify, suspend, or terminate the program at any time without notice.