Synopsys starts $250 million accelerated share repurchase with Bank of Nova Scotia

Synopsys entered an accelerated share repurchase agreement with The Bank of Nova Scotia to buy back $250 million of its stock. It received an initial delivery of about 513,000 shares at signing. Any remaining shares were due to settle on or before June 1, 2026, with the final count set by the average daily VWAP over the repurchase period less a discount.

• Size: $250 million accelerated share repurchase (ASR)
• Initial share delivery: about 513,000 shares
• Final settlement: on or before June 1, 2026
• Final share count depends on the average VWAP over the period, less a discount