TER · 10-Q · 2026Q3 · Full report
Capital Return Program
TERADYNE, INC · 2026-10-30 · Importance 31 · Surprise 6 · Matches filing data
During the first nine months of 2026, Teradyne returned $234.5 million to shareholders through $173.5 million of share repurchases and $61.0 million of dividends. Repurchases under the January 2023 authorization totaled 0.5 million shares for $173.5 million during the nine months, at an average $349.62 per share; the authorization permits up to $2.0 billion of repurchases. Cumulative repurchases under that program reached 12.5 million shares for $1,481.8 million as of September 27, 2026. The board declared quarterly dividends of $0.13 per share in January, May, and August 2026, with nine-month dividend payments of $61.0 million.
Key facts
- Teradyne's January 2023 repurchase program authorized repurchases of up to $2.0 billion of common stock. source
- During the nine months ended September 27, 2026, Teradyne repurchased 0.5 million shares for $173.5 million, excluding related excise tax when applicable, at an average price of $349.62 per share. source
- As of September 27, 2026, cumulative repurchases under Teradyne's 2023 repurchase program were 12.5 million shares for $1,481.8 million, including related excise tax when applicable, at an average price of $118.92 per share. source
- In January, May, and August 2026, Teradyne's Board declared a quarterly cash dividend of $0.13 per share; dividend payments were $20.3 million for the three months and $61.0 million for the nine months ended September 27, 2026. source
- During the first nine months of 2026, Teradyne returned a combined $234.5 million to shareholders through $173.5 million of share buybacks and $61.0 million of dividend payments. source
- Teradyne may reduce or eliminate its cash dividend or share repurchase program in the future; both are subject to the Board of Directors' discretion and consideration of earnings, capital requirements, and financial condition. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -3.2% | During the nine months ended September 27, 2026, Teradyne repurchased 0.5 million shares for $173.5 million, excluding related excise tax… |