Synopsys Inc.
Synopsys Announces $250 Million Share Repurchase Agreement
Summary
On March 2, 2026, Synopsys, Inc. announced its entry into an accelerated share repurchase agreement with The Bank of Nova Scotia to repurchase an aggregate of $250 million of its common stock. The agreement involves an initial share delivery of approximately 513,000 shares, with the remainder to be settled on or before June 1, 2026, based on the average of Synopsys' daily volume-weighted average share prices during the repurchase period, less a discount.
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About Synopsys Inc.
Synopsys Inc. is a leading provider of electronic design automation software, offering comprehensive solutions essential for designing and testing integrated circuits and electronic systems. Their software facilitates complex chip design processes, catering to a wide spectrum of industries, including semiconductor, automotive, and consumer electronics. One of Synopsys's key offerings is its advanced verification platform, which enhances the reliability and performance of electronic products. The company also plays a pivotal role in advancing chip design technology through its robust intellectual property portfolio, offering Silicon-proven IP that accelerates time-to-market for semiconductor companies. Headquartered in Mountain View, California, Synopsys is integral to the semiconductor design and verification cycle, supporting innovation in various tech sectors. Its tools are indispensable in conducing the unyielding complexity and shrinking design cycles synonymous with modern electronics, underscoring its market significance.
Official SEC Documents
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