other material
confidence high
sentiment positive
materiality 0.60
Synopsys initiates $300M accelerated share repurchase with Mizuho
SYNOPSYS INC
- ASR with Mizuho Markets Americas LLC to repurchase $300M of Synopsys common stock.
- Initial delivery of ~645,000 shares; final settlement by Aug 11, 2023 based on VWAP.
- Repurchase price based on average daily VWAP during the period less a discount.
- Capital return program expansion; no other material changes disclosed.