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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

U.S. maritime blockade causes Iran to lose $25 billion in oil revenue

智通财经•2026/10/17 21:46

Japan plans to intercept unidentified sources of gold to combat cross-border tax evasion.

智通财经•2026/10/17 20:46

New York crude oil over-the-counter trading price surpasses $99

智通财经•2026/10/17 20:16

Weekly Token Unlock: ZRO Unlocks Tokens Worth Nearly $44 Million

Odaily星球日报•2026/10/17 13:45