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

Korean retail investors make their first monthly net purchases of leveraged ETFs after new regulations, betting on a rebound in chip stocks

智通财经•2026/10/25 04:36

Japanese automakers accelerate new model development; Nissan plans to reduce the number of components by 70%

智通财经•2026/10/25 03:41

Amgen (AMGN.US) and AstraZeneca (AZN.US) combination therapy extends small cell lung cancer survival by eight months, reduces risk of death by 58%

Researchers combined Amgen's Imdelltra with AstraZeneca's Imfinzi and found that for patients with aggressive lung cancer whose tumors had already spread, this combination extended survival by about eight months compared to Imfinzi monotherapy. Small cell lung cancer is one of the cancer types with the worst prognosis.

智通财经•2026/10/25 02:56

S&P Dow Jones adjusts rules for growth and value stock classifications, 375 billion dollars in funds affected

智通财经•2026/10/25 02:11