Synopsys Initiates $250 Million Accelerated Share Repurchase Program
SNPS is trading near its 52-week low of $365.74 (12% above the low) on elevated volume (2.1× avg).
Summary
Synopsys has entered into a $250 million accelerated share repurchase agreement, executing a portion of its previously authorized $2 billion program.
Key Events · Financing and Capital Events · SNPS
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Initiates $250 Million Accelerated Share Repurchase
Synopsys entered into an ASR agreement with The Bank of Nova Scotia to repurchase $250 million of its common stock.
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Part of Previously Authorized Program
This ASR is a specific execution under the $2 billion share repurchase program authorized on February 25, 2026.
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Immediate Share Delivery
The company will receive an initial delivery of approximately 513,000 shares, with the remainder to be settled by June 1, 2026.
Analysis · SNPS · Technology
This filing details the company's concrete action to return capital to shareholders by initiating a $250 million accelerated share repurchase (ASR) agreement. This ASR is part of the larger $2 billion share repurchase program authorized on February 25, 2026. The immediate delivery of approximately 513,000 shares and the commitment to further repurchases by June 1, 2026, signals management's confidence in the company's valuation and its commitment to enhancing shareholder value. This move follows recent strong Q1 earnings and guidance reiteration, reinforcing a positive outlook for the company's financial health and capital allocation strategy.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SNPS was trading at $411.12 on NASDAQ in the Technology sector, with a market capitalization of approximately $79.3B. The 52-week trading range was $365.74 to $651.73. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.