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Stock impact report

Synopsys (SNPS) Enters $250M Accelerated Share Repurchase Agreement With Initial ~513K Share Delivery [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
share repurchase agreement with The Bank of Nova Scotia to buy back $250 million of its common stock. This initiative is part of the Sunnyvale-based company's broader capital allocation strategy. At the start of the agreement, Synopsys is expected to receive an initial delivery of ~513,000 shares. The final number of shares to be repurchased will be determined by the average daily volume-weighted average price of Synopsys Inc. (NASDAQ:SNPS) stock during the repurchase period, minus a pre-determined discount. This structured approach allows the company to retire a significant portion of shares quickly, while the specific final count is adjusted based on market performance over the duration of the program. Synopsys (SNPS) Enters $250M Accelerated Share Repurchase Agreement With Initial ~513K Share Delivery Close-up of Silicon Die are being Extracted from Semiconductor Wafer and Attached to Substrate by Pick and Place Machine. Computer Chip Manufacturing at Fab. Semiconductor Packa Show less Read more
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