Synopsys Enters $1 Billion Accelerated Share Repurchase Deal with JPMorgan

Key Facts

Synopsys entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank to buy back $1 billion of its common stock. According to a company statement via PR Newswire, Synopsys will receive an initial delivery of approximately 1,735,000 shares, with final settlement expected to occur on or before January 5, 2027.

SNPS closed at $489.90 on October 2, 2026, after trading between a session low of $483.24 and a high of $500.03. The company is executing this capital return strategy to shareholders, with the final number of shares repurchased to be determined by the average daily volume-weighted share price during the program period.