secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2026-10-05T13:21:53+00:00
Accession:  0001193125-26-413359
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Synopsys launches $1B accelerated share repurchase with JPMorgan, receiving ~1.735M shares upfront
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312526413359/0001193125-26-413359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312526413359/d830308d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-413359

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer