---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-046648"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T03:45:04.508636+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Synopsys enters $300M accelerated share repurchase agreement with Bank of America

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-046648
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312523046648/0001193125-23-046648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312523046648/d459446d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-046648
- JSON: https://secwatch.observer/filing/0001193125-23-046648.json
- Plain text: https://secwatch.observer/filing/0001193125-23-046648.txt

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