Synopsys Inc SNPS:NASDAQ

Last Price$182.97NASDAQ Previous Close - Last Trade as of 3:59PM ET 6/05/20

Today's Change+0.52(0.29%)
Bid (Size)$178.85 (1)
Ask (Size)$220.00 (2)
Day Low / High$179.01 - 184.41
Volume1.5 M

Synopsys Enters $100 Million Accelerated Share Repurchase Deal with JPMorgan

10:39AM ET 2/27/2020 MT Newswires
Synopsys (SNPS) said Thursday morning it entered into a $100 million accelerated share repurchase agreement with JPMorgan Chase (JPM).

Under the agreement, the company will receive an initial share delivery of about 563,000 shares with the remainder to be settled on or before May 15.

Shares of the software company were down 2% in recent morning trade, moving lower in tandem with the broader market on fears concerning the continued spread of the coronavirus.

Price: 137.03, Change: -5.01, Percent Change: -3.53