SYNOPSYS,INC. (NASDAQ:SNPS) Files An 8-K Other EventsItem 8.01 Other Events.
On April5, 2018, Synopsys, Inc. (“Synopsys”) issued a press release announcing that its board of directors had replenished Synopsys’ existing stock repurchase program up to $500million. The program authorizes, but does not obligate, Synopsys to purchase up to $500million of its common stock, and Synopsys’ chief financial officer or board of directors may suspend or terminate the program at any time. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 8.01 Financial Statements and Exhibits.
SYNOPSYS INC ExhibitEX-99.1 2 d564548dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PRESS RELEASE INVESTOR CONTACT: Lisa L. Ewbank Synopsys,…To view the full exhibit click
About SYNOPSYS,INC. (NASDAQ:SNPS)
Synopsys, Inc. provides software, intellectual property (IP) and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits, also known as chips. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. It provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. It provides technical services to support its solutions and help its customers develop chips and electronic systems. It is also a provider of software tools that developers use to develop software code in a range of industries, including electronics, financial services, energy, and industrials. It offers products and services in four categories: core EDA; IP, Systems and Software Integrity; Manufacturing Solutions, and Professional Services and Other.