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BRIEF-Synopsys initiates $100 million accelerated share repurchase agreement
May 26, 2017 / 1:06 PM / 3 months ago

BRIEF-Synopsys initiates $100 million accelerated share repurchase agreement

May 26 (Reuters) - Synopsys Inc:

* Synopsys initiates $100 million accelerated share repurchase agreement

* Synopsys Inc - agreement is in addition to Synopsys' two previous $100 million ASRS in 2017 that were settled on may 17, 2017 and February 16, 2017

* Synopsys- entered into accelerated share repurchase agreement with JP Morgan Chase Bank, National Association, to repurchase $100 million of Synopsys stock

* Synopsys Inc - will receive an aggregate initial share delivery of about 1.09 million shares, with remainde to be settled on or before August 15, 2017 Source text for Eikon: Further company coverage:

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