San Jose--Nov. 20, 1997--Cadence Design Systems Inc. (San Jose) announced that its board of directors has approved a newstock repurchase program. The shares acquired by Cadence under this newprogram, which is authorized for implementation immediately, will be used forgeneral corporate purposes and may be purchased in the open market or inprivate or option transactions. The repurchase authorization of this newprogram is 10 million shares, which is in addition to the 3.2 million sharespreviously authorized for repurchase under Cadence's existing, seasonedsystematic stock repurchase program for Cadence's 1997 Stock Option Plan andEmployee Stock Purchase Plan.
Cadence Design Systems San Jose, CA http://www.cadence.com
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