other material
confidence high
sentiment neutral
materiality 0.60
Synopsys enters $300M accelerated share repurchase agreement with Wells Fargo
SYNOPSYS INC
- ASR with Wells Fargo Bank, NA to repurchase $300M of Synopsys common stock.
- Initial delivery of approx. 569,000 shares; final settlement based on VWAP during repurchase period.
- Remaining shares, if any, to be settled on or before November 22, 2023.