Synopsys (SNPS) 8-K: 1B accelerated share repurchase (Oct 5, 2026)
Other Events, Financial Statements
Event Type
descriptionEvent Description
Item 8.01. Other Events expand_more
Event Description
Item 8.01. Other EventsOn October 5, 2026, Synopsys, Inc. (Nasdaq: SNPS) announced it entered an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of Synopsys common stock. Under the ASR, Synopsys will receive an initial aggregate delivery of approximately 1,735,000 shares, with any remainder to be settled on or before January 5, 2027. The final number of shares repurchased will be based on the average of Synopsys’ daily volume-weighted average share prices during the repurchase period, less a discount. Synopsys issued a press release on the ASR, attached as Exhibit 99.1 to the Form 8-K.
Original SEC Filing Text expand_more
EX-99.1d830308dex991.htm2,965 charsexpand_more
descriptionEvent Description
Item 9.01. Financial Statements expand_more
Event Description
Item 9.01. Financial StatementsItem 9.01(d) lists Exhibit 99.1, a press release dated October 5, 2026 announcing Synopsys, Inc.’s entry into a $1 billion accelerated share repurchase agreement, and Exhibit 104, the Cover Page Interactive Data File embedded within the Inline XBRL document. The report is signed by Synopsys, Inc. on October 5, 2026, by Janet Lee, General Counsel and Corporate Secretary.