Home Add to Favorite Contact Submit  
           29 March, 2024


    
Category:  Press » Software

 

Synopsys Replenishes Stock Repurchase Authorization to $500 Million

Popularity:
         Views: 1354
2011-05-29 22:35:00     
synopsys.com

MOUNTAIN VIEW, Calif., May 27, 2011 -- Synopsys, Inc. (NASDAQ: SNPS), a world leader in software and IP for semiconductor design, verification and manufacturing, announced today that its board of directors has replenished its stock repurchase authorization. Under the replenished program, the company may repurchase Synopsys common stock with a market value up to $500 million.

"During the last four quarters, we have repurchased more than 14.5 million shares of Synopsys stock," said Brian Beattie, chief financial officer of Synopsys. "Replenishing the authorization demonstrates our board's confidence in the long-term growth of our business."

Purchases may be made beginning immediately and ending at such time as the authorized funds are spent or the program is discontinued. 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.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design, verification and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, system-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has approximately 70 offices located throughout North America, Europe, Japan, Asia and India.

Forward-Looking Statements

Certain statements in this press release including, but not limited to, any statements relating to the timing and extent of any stock repurchases are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include the fluctuations in the overall stock market and the price of Synopsys stock, the level of employee option grants and exercises and resulting dilution; Synopsys' use of cash for other purposes, conditions of the global economy as well as other factors detailed from time to time in the reports Synopsys files with the Securities and Exchange Commission including, including those described in the "Risk Factors" section of its most recent Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof, and, except as required by law, Synopsys disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.

Specialized in: Electronics Market - Software Design - Electronic Design
URL: http://www.synopsys.com
Print press release      Bookmark this page
Related Press releases 
The newest release of a complete database development tool "Database Workbench" has arrived! (Popularity: ): Berghem (press.abc-directory ) - October 18th, 2022 - Upscene Productions has launched the latest edition of its flagship software, Database Workbench.This release brings support for the latest MariaDB and Oracle versions, as well as additional features for other database systems. The initial version 6 includes many improvements to the user interface and existing tools, it also brought full Firebird 4 support, PostgreSQL table inheritance and Oracle multi-segmented expression indices support.What's new ...
Axle.ai Launches Connectr 2021 Software for Windows, Mac and Linux (Popularity: ): New Windows version of NoCode workflow tool significantly broadens market.Boston, MA - USA, December 20, 2021 -- Axle.ai, the leader in bringing radical simplicity to video search and collaboration, announced availability of Connectr 2021, its revolutionary NoCode software for automating media workflows, for Windows, MacOS and Linux. The company is a Silver sponsor at the Adobe MAX virtual conference, which starts today.Connectr 2021 is available for all 3 platforms and ...
Frederick Custom Software Company Discusses ERP Software Solutions (Popularity: ): Frederick, Maryland ( press.abc-directory.com ) May 31, 2021 - Orases, a Frederick, Maryland custom software development company, recently released a new educational resource that focuses on explaining the details of ERP software solutions and how they work to increase organizational efficiency. The new article is guided by the software development professionals at Orases who have a deep understanding of ERP software solutions and how they can be valuable for businesses. ...
StarTech Alliance A Launches EaseeControl Edition for Small and Mid-Size Business PCs (Popularity: ): New York, NY, May 30, 2021- StarTech Alliance, a global provider of PC Customer Supprt and PC optimization software, today announced the launch of EaseeControl App. Version 1.0.1.34.EaseeControl secure, repair, optimize and removes unused files from users PCs, allowing Windows applications to run faster while also freeing up hard disk space. EaseeControl App. Version 1.0.1.34 ensure a higher user Privacy online and also cleans traces of user's online activities such ...
ACD Systems Launches Photo Studio Ultimate 2021, Inspired by its Customers (Popularity: ): VICTORIA, BC (November 8, 2020) - Today, ACD Systems International launches ACDSee Photo Studio Ultimate 2021, the latest version of their flagship innovative photo editing software.This year, there's been a huge focus on optimizing the experience for photographers. Performance enhancements make processes up to 100% faster. RAW decoding is up to 20% faster.New features focus on optimizing editing precision and batch processes that make the life of photographers easier."This product ...


Related Business 
Synopsys Users Group (SNUG) (Popularity: ): An open forum for Synopsys users to exchange ideas and explore solutions. Europe: March 7-8, Paris. San Jose: March 13-15. Taiwan: May 21-22. Korea: May 24. Beijing: May 28. Bangalore, India: May 30. Singapore: June 4. Tokyo/Osaka: November.
Ultimate Stock trading system (Popularity: ): S&P 500 equity stock trading system provides individual stock analysis and a free stock analyzer.
Historical Corpus of Spanish (Popularity: ): Searchable 100 million word database includes 20 million words from the 1200s-1400s, 40 million from the 1500s-1700s, and 40 million from the 1800s-1900s.
Buy Facebook Fans (Popularity: ): Facebook has taken the world by storm and now has over 500 million users with over 50% of these users logging in daily. With users accessing Facebook 500 billion minutes per month you can start to see how effective Facebook really is on a local, national and international scale.
Reflex Stock (Popularity: ): Provides stock photography and photos as well as royalty free images. Search 12 million royalty free digital stock photos and footage, and download from the image library. urchase royalty free stock photos and rights managed images from reflex stock.
DKT India (Popularity: ): DKT India is an affiliate of DKT International, USA. It was established in 1992. Since 1989, the nonprofit organization DKT International has been promoting family planning and HIV/AIDS prevention. DKT has 19 programs in 18 countries and in 2011 provided and sold 650 million condoms, more than 72 million cycles of oral contraceptives, and over 14 million injectable contraceptives, 1 million IUDs, and 12 million misoprostol pills. Last year, DKT’s ...
Auburn University Libraries (Popularity: ): The combined collections of the Auburn Libraries contain more than 2.2 million volumes, 1.4 million government documents, 2.9 million microforms and 134,000 maps. Subcriptions are maintained to 19,000 current serials and 150 current newspapers. Access to the World Wide Web and on-line databases is available through out the Library Specialized collections include veterinary medicine (30,000 volumes and 500 current serial subscriptions); and architecture, design and construction (35,000 volumes, 85 serials ...
RecordResearcher.com (Popularity: ): CD-ROM discography RockRom 8, and book Rock Record 7, with 500,000 records, over a million tracks and musicians. Free sofwared demo download.
Plama Germany (Popularity: ): Nearly 500 used plastic machines available from stock.
SNUG North America (Popularity: ): Synopsys User Group