Synopsys Initiates $1 Billion Accelerated Share Repurchase Agreement
PR Newswire•05/10/2026•09:00 ET
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Key Highlights
- ➤Synopsys (SNPS) enters $1 billion accelerated share repurchase agreement with JPMorgan Chase.
- ➤Synopsys initially receives approximately 1,735,000 shares under the ASR.
- ➤Remaining ASR shares, if any, settle on or before January 5, 2027.
- ➤Final shares repurchased depend on average daily volume-weighted prices, less a discount.
Synopsys Initiates $1 Billion Accelerated Share Repurchase Agreement PR Newswire
SUNNYVALE, Calif., Oct. 5, 2026 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of Synopsys stock.
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