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Synopsys (SNPS) Enters $250M Accelerated Share Repurchase Agreement With Initial ~513K Share Delivery
Synopsys (SNPS) has entered into a $250 million accelerated share repurchase agreement with The Bank of Nova Scotia, part of its strategy to allocate capital and enhance shareholder value. The company expects an initial delivery of approximately 513,000 shares, with the final amount determined by the stock’s volume-weighted average price during the buyback period. This transaction is slated for full settlement on or before June 1, 2026.