Synopsys enters $1 billion accelerated share repurchase with JPMorgan Chase Bank
Synopsys said it will receive an initial share delivery of approximately 1,735,000 shares, with any remainder, if any, settled on or before January 5, 2027.
GetSignal Synopsys, Inc. SNPS
On October 5, 2026, Synopsys announced that it has entered into an accelerated share repurchase agreement, or ASR, with JPMorgan Chase Bank, National Association. The agreement covers the repurchase of an aggregate of $1 billion of Synopsys common stock.
Synopsys said the final number of shares it repurchases under the agreement will be based on an average calculated over the repurchase period, less a discount. The remainder, if any, is to be settled upon completion of the repurchases.
Key facts
- Repurchase amount
- $1 billion
- Counterparty
- JPMorgan Chase Bank, National Association
- Initial share delivery
- Approximately 1,735,000 shares
- Remainder settlement deadline
- On or before January 5, 2027
- Agreement announced
- October 5, 2026
Sources: Form 8-K filed October 5, 2026, and the company's release on PR Newswire, October 5, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
