Company: SNPS
Filing Date: 2025-05-28
Form Type: 10-Q
Source: 0000883241-25-000017
Chunk: 234

Company: SYNOPSYS INC
Filing Date: 2025-05-28
Form: 10-Q
Item: Item 8
Chunk 234
---
 critical business or IT systems would severely affect our ability to conduct normal business operations and, as a result, our operating results would be adversely affected.

69

Item 2.Unregistered Sales of Equity Securities and Use of Proceeds

The table below sets forth information regarding our repurchases of our common stock during the three months ended April 30, 2025:

PeriodTotal numberof sharespurchasedAverageprice paidper shareTotalnumber ofsharespurchasedas part ofpubliclyannouncedprogramsMaximum approximate dollarvalue of sharesthat may yet bepurchasedunder theprograms (1)Month #1February 1, 2025 through February 28, 2025— $— — $194,276,393 Month #2March 1, 2025 through March 31, 2025— $— — $194,276,393 Month #3April 1, 2025 through April 30, 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 April 30, 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.

Item  5.Other Information

Insider Adoption or Termination of Trading Arrangements

None of our directors or officers informed us of the adoption, modification or termination of a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement" (as those terms are defined in Item 408(c) of Regulation S-K) during the quarterly period covered by this report.

70

Item  6.Exhibits

ExhibitNumber Incorporated By ReferenceFiledHerewithExhibit DescriptionFormFile No.ExhibitFiling Date2.1Agreement and Plan of Merger, dated as of January 15, 2024