Last Week Today, September 18, 2017

Submitted by Gabe Moretti on Sun, 09/17/2017 - 19:53

Gabe Moretti

Synopsys Initiates $100 Million Accelerated Share Repurchase Agreement

Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with HSBC, to repurchase an aggregate of $100 million of Synopsys stock. The agreement is in addition to Synopsys' $300 million in stock repurchases thus far in fiscal year 2017.