Synopsys board increases size of stock repurchase program
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The board ofÂ Synopsys (NASDAQ:SNPS) increased the size of a stock repurchase program to purchase up to $1.5B of shares.
The software company also said it is not obligated to acquire any particular amount of shares, and the program may be suspended or terminated at any time.
The company had initiatedÂ $240M stock buyback in August.
Shares were tradingÂ -1.18%Â pre-market.
Source: Press Release