Teradyne Declares Quarterly Cash Dividend and Increases Share Repurchase Plan for 2024
Teradyne (NASDAQ:TER) has announced two significant shareholder returns initiatives. The company declared a quarterly cash dividend of $0.12 per share, scheduled for payment on December 18, 2024, to shareholders of record as of November 25, 2024. Additionally, Teradyne has expanded its share repurchase plans, committing to buy back up to an additional $100 million of common stock in 2024. This increase is part of their previously announced $2 billion share repurchase program and exceeds their initial plan to only offset dilution from equity compensation and employee share programs.
Teradyne (NASDAQ:TER) ha annunciato due importanti iniziative di restituzione agli azionisti. L'azienda ha dichiarato un dividendo in contante trimestrale di $0,12 per azione, programmato per il pagamento il 18 dicembre 2024, agli azionisti registrati al 25 novembre 2024. Inoltre, Teradyne ha ampliato i propri piani di riacquisto di azioni, impegnandosi ad acquistare fino a ulteriori $100 milioni di azioni ordinarie nel 2024. Questo aumento fa parte del loro programma di riacquisto di azioni da $2 miliardi precedentemente annunciato e supera il piano iniziale di compensare solo la diluizione derivante dalla compensazione azionaria e dai programmi di azioni per i dipendenti.
Teradyne (NASDAQ:TER) ha anunciado dos iniciativas significativas de retorno a los accionistas. La compañía declaró un dividendo en efectivo trimestral de $0.12 por acción, programado para el pago el 18 de diciembre de 2024, a los accionistas registrados hasta el 25 de noviembre de 2024. Además, Teradyne ha ampliado sus planes de recompra de acciones, comprometiéndose a recomprar hasta $100 millones adicionales de acciones comunes en 2024. Este aumento es parte de su programa de recompra de acciones de $2 mil millones anunciado anteriormente y supera su plan inicial de solo compensar la dilución de la compensación en acciones y los programas de acciones para empleados.
Teradyne (NASDAQ:TER)은 주주 환원 조치에 대한 두 가지 중요한 발표를 하였습니다. 회사는 주당 $0.12의 분기 현금 배당금을 선언하였으며, 이는 2024년 12월 18일에 지급될 예정이며, 2024년 11월 25일 기준으로 기록된 주주에게 지급됩니다. 또한, Teradyne은 주식 매입 계획을 확대하여 2024년에 추가로 최대 $100백만의 보통주를 매입하기로 약속하였습니다. 이 증가는 그들이 이전에 발표한 $20억 주식 매입 프로그램의 일부이며, 주식 보상 및 직원 주식 프로그램에서 발생하는 희석을 상쇄하기 위한 초기 계획을 초과합니다.
Teradyne (NASDAQ:TER) a annoncé deux initiatives significatives de retour aux actionnaires. La société a déclaré un dividende en espèces trimestriel de 0,12 $ par action, prévu pour le paiement le 18 décembre 2024, aux actionnaires inscrits au 25 novembre 2024. De plus, Teradyne a élargi ses plans de rachat d'actions, s'engageant à racheter jusqu'à 100 millions de dollars supplémentaires d'actions ordinaires en 2024. Cette augmentation fait partie de leur programme de rachat d'actions de 2 milliards de dollars précédemment annoncé et dépasse leur plan initial de compenser uniquement la dilution provenant de la rémunération en actions et des programmes d'actions pour les employés.
Teradyne (NASDAQ:TER) hat zwei bedeutende Initiativen zur Rückgabe an die Aktionäre angekündigt. Das Unternehmen erklärte eine vierteljährliche Bardividende von $0,12 pro Aktie, die am 18. Dezember 2024 an die zum 25. November 2024 registrierten Aktionäre ausgezahlt wird. Darüber hinaus hat Teradyne seine Aktienrückkaufpläne erweitert und sich verpflichtet, bis zu zusätzlichen $100 Millionen an Stammaktien im Jahr 2024 zurückzukaufen. Diese Erhöhung ist Teil ihres bereits angekündigten $2 Milliarden Aktienrückkaufprogramms und übertrifft ihren ursprünglichen Plan, nur die Verwässerung aus Aktienvergütungen und Mitarbeiteraktienprogrammen auszugleichen.
- Declared quarterly dividend of $0.12 per share
- Additional $100 million share buyback announced for 2024
- Expansion of buyback beyond just offsetting dilution
- Part of larger $2 billion share repurchase program
- None.
Insights
This dividend and buyback announcement signals important capital return developments for Teradyne. The
The expanded buyback suggests management's confidence in cash flow generation and valuation, particularly notable given the cyclical nature of the semiconductor test equipment industry. While the dividend yield remains modest at around
Teradyne also plans to repurchase up to an additional
About Teradyne
Teradyne (NASDAQ:TER) test technology helps bring high-quality innovations such as smart devices, life-saving medical equipment and data storage systems to market, faster. Its advanced test solutions for semiconductors, electronic systems, wireless devices and more ensure that products perform as they were designed. Its robotics offerings include collaborative and mobile robots that help manufacturers of all sizes increase productivity, improve safety, and lower costs. In 2023, Teradyne had revenue of
Safe Harbor Statement
This release contains forward-looking statements regarding future business prospects, Teradyne's results of operations, market conditions and the payment of a quarterly dividend. Such statements are based on the current assumptions and expectations of Teradyne's management and are neither promises nor guarantees of future performance or future payment of dividends. Future dividend declarations, as well as record and payment dates, are subject to board approval.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241111568096/en/
Traci Tsuchiguchi
Investor Relations
Tel: 978.370.2444
investorrelations@teradyne.com
Source: Teradyne, Inc.
FAQ
What is Teradyne's (TER) dividend amount for Q4 2024?
How much additional stock will Teradyne (TER) repurchase in 2024?
What is the record date for Teradyne's (TER) Q4 2024 dividend?
What is the total size of Teradyne's (TER) share repurchase program?
