other material
confidence high
sentiment neutral
materiality 0.60
Teradata enters $250M accelerated share repurchase agreement with JPMorgan Chase
TERADATA CORP /DE/
- $250M ASR with JPMorgan; initial delivery of ~3.9M shares at $50.89 per share.
- Part of $1B buyback authorization; ~$913M remains after the ASR.
- Final share count based on VWAP during term, less discount; adjustments possible.
- Funded from cash on hand; no change to ongoing operations.