Synopsys Announces $1 Billion Accelerated Share Repurchase Agreement

Synopsys, Inc. has entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank to repurchase $1 billion of its common stock. This action is part of the company's capital return program.

Key Details

• Agreement Value: $1 billion.
• Counterparty: JPMorgan Chase Bank, National Association.
• Initial Delivery: Synopsys will receive an initial delivery of approximately 1,735,000 shares.
• Final Settlement: The ASR is expected to be completed on or before January 5, 2027, with the final number of shares based on the volume-weighted average price during the repurchase period.