February 23, 2017 / 2:23 PM / 6 months ago

BRIEF-Synopsys initiates $100 mln accelerated share repurchase agreement

Feb 23 (Reuters) - Synopsys Inc:

* Synopsys initiates $100 million accelerated share repurchase agreement

* Synopsys inc says repurchase agreement is in addition to december 2016 $100 million asr that was settled on february 16, 2017

* Synopsys inc - will receive an aggregate initial share delivery of approximately 1.12 million shares, with remainder to be settled on or before may 17, 2017

* Synopsys inc - accelerated share repurchase agreement with wells fargo bank na Source text for Eikon: Further company coverage:

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