---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-221293"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-24T00:09:54.320483+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadence board authorizes additional $1B share repurchase under existing program

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-221293
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000119312522221293/0001193125-22-221293-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000119312522221293/d351161d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-221293
- JSON: https://secwatch.observer/filing/0001193125-22-221293.json
- Plain text: https://secwatch.observer/filing/0001193125-22-221293.txt

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