Synopsys launches $1 billion accelerated share buyback with JPMorgan

Synopsys is committing $1 billion to buy back its own stock. The silicon design and simulation software provider said Monday it entered an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association, to buy back an aggregate of $1 billion of its common stock, according to an 8-K and press release.

Under the deal, Synopsys will receive an initial delivery of approximately 1,735,000 shares. Any remaining shares are to be settled on or before Jan. 5, 2027, once the repurchases are complete.

The final share count won't be known until then. Synopsys said the number of shares it ultimately repurchases under the agreement will be based on the average of its daily volume-weighted average share prices during the repurchase period, less a discount.

The company's release flagged risks to settlement, including the market price of Synopsys stock during the repurchase period and JPMorgan's ability to buy or borrow shares.

Synopsys shares were down about 0.7% at $486.49 in midday trading Monday.

By the numbers

• Repurchase size: $1 billion
• Counterparty: JPMorgan Chase Bank, National Association
• Initial share delivery: about 1,735,000 shares
• Final settlement: on or before Jan. 5, 2027
• Pricing basis: average daily VWAP during the repurchase period, less a discount

Sources

1. Synopsys, Inc. Form 8-K (Item 8.01), filed Oct. 5, 2026, accession 0001193125-26-413359
2. Synopsys, Inc. press release, Exhibit 99.1, "Synopsys Initiates $1 Billion Accelerated Share Repurchase Agreement," Oct. 5, 2026

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