Company: SNPS
Filing Date: 2025-02-26
Form Type: 10-Q
Source: 0000883241-25-000014
Chunk: 31

Company: SYNOPSYS INC
Filing Date: 2025-02-26
Form: 10-Q
Item: Item 4
Chunk 31
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lyannouncedprogramsMaximum approximate dollarvalue of sharesthat may yet bepurchasedunder theprograms (1)Month #1November 3, 2024 through November 30, 2024— $— — $194,276,393 Month #2December 1, 2024 through December 31, 2024— $— — $194,276,393 Month #3January 1, 2025 through January 31, 2025— $— — $194,276,393 Total— $— — $194,276,393 

(1) In fiscal 2022, our Board of Directors approved a stock repurchase program (the Program) with authorization to purchase up to $1.5 billion of our common stock. As of January 31, 2025, $194.3 million remained available for future repurchases under the Program. However, in connection with the pending Ansys Merger, we have suspended the Program until we reduce our expected debt levels.

See Note 14. Stock Repurchase Program of the Notes to Condensed Consolidated Financial Statements in this Quarterly Report for more information on the Program.