Cadence is authorized to repurchase shares of its common stock under a publicly announced program. The actual timing and amount of repurchases are subject to business and market conditions, corporate and regulatory requirements, stock price, acquisition opportunities and other factors. As of September 30, 2026, $601.6 million of Cadence’s share repurchase authorization remained available to repurchase shares of Cadence common stock. On October 23 2026, Cadence’s board of directors approved the repurchase of up to an additional $2.5 billion of the Company’s common stock under its existing share repurchase program.

The shares repurchased under Cadence’s repurchase authorizations and the total cost of repurchased shares, including commissions, during the three and nine months ended September 30, 2026 and September 30, 2025 were as follows:


	Three Months Ended				Nine Months Ended
	September 30, 2026		September 30, 2025		September 30, 2026		September 30, 2025
	(In thousands)
Shares repurchased	1,305		584		2,556		2,552
Total cost of repurchased shares	$	400,019	$	200,009	$	800,025	$	725,025