Synopsys (SNPS) Announced $100M Accelerated Buyback
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Synopsys Initiates $100 Million Accelerated Share Repurchase Agreement
February 27, 2020 9:01 AM ESTMOUNTAIN VIEW, Calif., Feb. 27, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase an aggregate of $100 million of Synopsys stock.
Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 563K shares, with the... More
