other material
confidence high
sentiment positive
materiality 0.60
Synopsys launches $1B accelerated share repurchase with JPMorgan, receiving ~1.735M shares upfront
SYNOPSYS INC
- Synopsys entered an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association to buy back an aggregate $1 billion of SNPS common stock.
- Initial delivery of approximately 1,735,000 shares; remaining shares, if any, settle on or before January 5, 2027.
- Final share count based on the average of daily volume-weighted average prices during the repurchase period, less a discount.
- Announced via press release dated October 5, 2026; agreement signed October 5, 2026.