other material
confidence high
sentiment positive
materiality 0.55
Synopsys enters $300M accelerated share repurchase agreement with Bank of America
SYNOPSYS INC
- Initial delivery of ~718,000 shares; remainder settled by May 12, 2023.
- Final number of shares based on daily VWAP during repurchase period less discount.
- ASR executed with Bank of America N.A. for $300 million of Synopsys common stock.