Form 8-K · Current report
Synopsys 8-K, filed Oct 5, 2026
- Filed
- CIK
- 0000883241
- Accession no.
- 0001193125-26-413359
Summary
Synopsys entered into a $1 billion accelerated share repurchase agreement with JPMorgan Chase Bank, National Association, under which it will receive an initial delivery of roughly 1,735,000 shares, with any remainder to be settled on or before January 5, 2027.
Key points
- Synopsys announced the accelerated share repurchase agreement on October 5, 2026.
- The final number of shares repurchased will be based on average daily volume-weighted average share prices during the repurchase period, less a discount.
- Synopsys said the agreement's settlement carries risks including the market price of its stock during the repurchase period and JPMorgan Chase Bank's ability to buy or borrow shares.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01 Other Events. On October 5, 2026, Synopsys, Inc. (“Synopsys”) issued a press release announcing its entry into an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of shares of Synopsys common stock. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Title 99.1 Press release dated October 5, 2026 announcing Synopsys, Inc.’s entry into $1 billion accelerated share repurchase agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). …
An excerpt of the text as filed with the SEC, cut for length.
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