---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-220159"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:31:33.886024+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Synopsys enters $300M accelerated share repurchase agreement with Wells Fargo

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-220159
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312523220159/0001193125-23-220159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312523220159/d504230d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-220159
- JSON: https://secwatch.observer/filing/0001193125-23-220159.json
- Plain text: https://secwatch.observer/filing/0001193125-23-220159.txt

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