secwatch.observer — SEC 8-K summary
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Issuer:     TERADATA CORP /DE/ (TDC)
CIK:        0000816761
Form:       8-K
Filed at:   2022-02-09T23:59:59+00:00
Accession:  0001193125-22-031836
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teradata enters $250M accelerated share repurchase agreement with JPMorgan Chase
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/816761/000119312522031836/0001193125-22-031836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/816761/000119312522031836/d289608d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-031836

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