secwatch.observer — SEC 8-K summary
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Issuer:     CADENCE DESIGN SYSTEMS INC (CDNS)
CIK:        0000813672
Form:       8-K
Filed at:   2022-08-15T23:59:59+00:00
Accession:  0001193125-22-221293
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/813672/000119312522221293/0001193125-22-221293-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/813672/000119312522221293/d351161d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-221293

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