Synopsys Inks $1B Accelerated Stock Buyback Plan
Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank, National Association to repurchase an aggregate of $1 billion of Synopsys
Synopsys is buying back one billion dollars of its own stock. This can mean the company feels good about its future and thinks its stock is fairly priced right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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