The $1 billion ASR reduces share count and supports EPS accretion, but the final impact depends on the average repurchase price. Monitor the company's next earnings release for updated guidance and cash flow trends to assess whether the buyback is funded by operations or debt.
Price Chart
Executive Summary
Synopsys entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase to repurchase $1 billion of its common stock. The company will receive an initial delivery of approximately 1,735,000 shares, with final settlement by January 5, 2027. This is a capital return event that signals management's confidence in the company's cash flow and valuation, but it does not provide new information on operating performance.
Key Facts
- Synopsys entered into an accelerated share repurchase (ASR) agreement with JPMorgan Chase Bank to repurchase $1 billion of its common stock.
- Initial delivery of approximately 1,735,000 shares will be received immediately.
- Final settlement of the remaining shares is expected on or before January 5, 2027.
- The total number of shares repurchased will be based on the daily volume-weighted average price during the repurchase period, less a discount.
Financial Impact
$1 billion share repurchase, representing a meaningful return of capital to shareholders.
Risk Factors
- The final number of shares repurchased depends on the stock price during the repurchase period; a higher price reduces the number of shares retired.
- The ASR does not change the company's underlying business fundamentals or revenue growth trajectory.
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-413359 |
| Document: d830308dex991.htm | 0001193125-26-413359 |
| Document: 0001193125-26-413359-index-headers.html | 0001193125-26-413359 |
| Document: 0001193125-26-413359-index.html | 0001193125-26-413359 |
| Document: 0001193125-26-413359.txt | 0001193125-26-413359 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 6d ago | Institutional Cluster | $422.48 | awaiting T+5 | awaiting T+5 | $474.42 (+12.29%) |
Oct 6, 2026 21d ago | 144 | $502.67 $479.93 | ▼ −4.52% | ▼ −3.54% | $474.42 (−5.62%) |
Oct 6, 2026 21d ago | 144 | $502.67 $479.93 | ▼ −4.52% | ▼ −3.54% | $474.42 (−5.62%) |
Oct 5, 2026 22d ago | 8-K | $488.47 $502.51 | ▲ +2.87% | ▲ +2.45% | $474.42 (−2.88%) |
Sep 25, 2026 4w ago | ANALYST-UPGRADE | No price | awaiting T+5 | awaiting T+5 | No price |
Sep 10, 2026 6w ago | ANALYST-UPGRADE | $397.17 $381.17 | ▼ −4.03% | ▼ −3.53% | $474.42 (+19.45%) |
Sep 8, 2026 7w ago | ANALYST-UPGRADE | $392.03 $367.70 | ▼ −6.21% | ▼ −5.09% | $474.42 (+21.02%) |
Aug 27, 2026 8w ago | ANALYST-UPGRADE | $464.89 $414.77 | ▼ −10.78% | ▼ −11.05% | $474.42 (+2.05%) |
Jul 16, 2026 14w ago | ANALYST-UPGRADE | $417.03 $373.52 | ▼ −10.43% | ▼ −8.76% | $474.42 (+13.76%) |
Jun 23, 2026 18w ago | ANALYST-UPGRADE | No price | awaiting T+5 | awaiting T+5 | No price |
US Market Status
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