8/22/2003 - Synopsys, Inc. (Nasdaq: SNPS), the world leader in semiconductor design software, announced that its Board of Directors has authorized a two-for-one stock split in the form of a stock dividend.
The stock split will be effected by distributing to each stockholder of record on September 2, 2003 one share of Synopsys' common stock for each share of common stock held. Synopsys expects the shares resulting from the split to be distributed by Synopsys' transfer agent on September 23, 2003. The stock split will increase the number of shares of Synopsys common stock outstanding from approximately 76,688,500 shares to 153,377,000 shares.
Synopsys, Inc. (Nasdaq:SNPS) is the world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading semiconductor design and verification platforms to the global electronics market, enabling the development of complex systems-on-chips (SoCs). Synopsys also provides intellectual property and design services to simplify the design process and accelerate time-to-market for its customers. Synopsys is headquartered in Mountain View, California and is located in more than 60 offices throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com.
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