secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2023-08-24T23:59:59+00:00
Accession:  0001193125-23-220159
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312523220159/0001193125-23-220159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312523220159/d504230d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-220159

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