Synopsys Signs $1 Billion Accelerated Share Repurchase Agreement

MT newswire2026/10/05 13:32

09:32 AM EDT, 10/05/2026 (MT Newswires) -- Synopsys (SNPS) said Monday it has entered into an accelerated share repurchase agreement with JPMorgan Chase (JPM) subsidiary JPMorgan Chase Bank, National Association, to repurchase $1 billion of Synopsys stock. Under the terms of the agreement, Synopsys will receive an initial share delivery of around 1.7 million shares, with any remainder to be settled on or before Jan. 5, 2027, upon completion of the repurchases, according to a statement.

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