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By The Online Investor Staff, updated Thu., Sep. 3, 8:48 AM

Slide #2. Synopsys, Inc.

Company: Synopsys, Inc. (NASDAQ:SNPS)
$Amount Authorized: $500,000,000
Buyback Details: Synopsys, Inc. (Nasdaq:SNPS) today announced that its Board of Directors has replenished its existing stock repurchase authorization back to $500 million.

Synopsys is engaged in supplying electronic design automation software that engineers use to design, create prototypes for and test integrated circuits, commonly called chips. Co. also provides intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs instead of designing those circuits themselves. Co. provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. To complement these product offerings, Co. provides technical services to support its applications and helps its customers develop chips and electronic systems.
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Company Name:  Synopsys Inc
Stock buyback:  SNPS buyback
Website:  www.synopsys.com
Sector:  Application Software
Number of ETFs Holding SNPS:  56
Total Market Value Held by ETFs:  $402.29M
Total Market Capitalization:  $7.32B
% of Market Cap. Held by ETFs:  5.50%
 

Open the SNPS Page at The Online Investor (in a new window) »

September 3, 2015    8:48 AM Eastern
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Buy (3.43 out of 4)
66th percentile
(ranked higher than approx. 66% of all stocks covered)
Based on Zacks ABR data;
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