secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001193125-23-046648
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312523046648/0001193125-23-046648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312523046648/d459446d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-046648

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