09.12.2013 20:34:22

Synopsys Inc. Replenishes Stock Repurchase Authorization To $500 Mln

(RTTNews) - Synopsys, Inc. (SNPS) announced on Dec. 4, 2013, that its Board of Directors has replenished its existing stock repurchase authorization back to $500 million.

Synopsys said its Board of Directors originally approved the stock repurchase program in 2002 and has periodically replenished the program as funds are spent.

The program does not obligate Synopsys to acquire any particular amount of common stock, and the program may be modified or suspended at any time at Synopsys' discretion.

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