Synopsys starts $1 billion accelerated share repurchase with JPMorgan
Synopsys announced an accelerated share repurchase (ASR) with JPMorgan Chase Bank to buy back $1 billion of its stock. The company will receive about 1.735 million shares immediately, with the balance to be settled no later than January 5 2027. The total number of shares repurchased will depend on the volume‑weighted average price of Synopsys shares during the repurchase period, after applying a discount.
Why it matters
The ASR will reduce the outstanding share count, potentially boosting earnings per share and returning capital to shareholders, as noted in the company’s press release. The settlement deadline of January 5 2027 means the transaction will be completed within the next few months, affecting the share supply for that period.
Key facts
- 1Synopsys entered an accelerated share repurchase agreement worth $1 billion with JPMorgan Chase Bank. stocktitan.net
- 2The initial share delivery under the ASR is approximately 1,735,000 shares. stocktitan.net
- 3Any remaining shares will be settled on or before January 5 2027. stocktitan.net
- 4The final share count will be determined by the average daily volume‑weighted price of Synopsys stock during the repurchase period, less a discount. stocktitan.net
- 5The ASR was disclosed in a Form 8‑K filing on October 5 2026. sec.gov
Summary written by AlphAI from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.