Synopsys, Inc. has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of its common stock. The transaction was announced on October 5, 2026.
Under the terms of the agreement, Synopsys will receive an initial delivery of approximately 1,735,000 shares. The remaining shares, if any, are scheduled to be settled on or before January 5, 2027, upon the completion of the repurchases.
The specific number of shares ultimately repurchased will be determined based on the average of Synopsys’ daily volume-weighted average share prices during the repurchase period, less a discount.
