SYNOPSYS INC 8-K

What Happened

• Synopsys, Inc. filed an 8-K on March 2, 2026 (Item 8.01) announcing it entered into an accelerated share repurchase (ASR) agreement with The Bank of Nova Scotia to repurchase an aggregate of $250 million of Synopsys common stock. The company issued a press release regarding the transaction (attached as Exhibit 99.1).

Key Details

• Transaction type: Accelerated share repurchase (ASR) agreement.
• Counterparty: The Bank of Nova Scotia.
• Size: $250 million aggregate repurchase commitment.
• Filing date: March 2, 2026 (8-K disclosure; press release included).

Why It Matters

• A $250 million ASR is a material capital allocation action: it uses company cash to buy back shares, which typically reduces shares outstanding and can support earnings per share (EPS). For investors, this signals active use of cash for shareholder returns and can affect per-share metrics even if underlying revenue or earnings remain unchanged. The 8-K provides notice of the program; details on timing, share counts or final settlement may be disclosed later.