Teradata Announces $500 Million Increase in Share Repurchase Authorizations

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Go back to Teradata Announces $500 Million Increase in Share Repurchase Authorizations

Teradata Corp. (TDC) Approves Additional $500M Common Stock Buyback

August 20, 2015 4:45 PM EDT

Teradata Corporation (NYSE: TDC) announced that its Board of Directors has authorized an additional $500 million for share repurchases, expiring August 20, 2018, under its general open market share repurchase program. The company now has total Board of Directors authorization of approximately $860 million when the new $500 million authorization is combined with the $360 million still remaining from the current outstanding authorization.

"The additional $500 million authorized by Teradata's Board... More