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Stock Repurchase Program | 12 Months Ended
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Dec. 31, 2015
Stock Repurchase Program | R. STOCK REPURCHASE PROGRAM In January 2015, the Board of Directors cancelled the November 2010 stock repurchase program and authorized a new stock repurchase program for up to $500 million of common stock. The cumulative repurchases as of December 31, 2015 totaled 15.6 million shares of common stock for a total purchase price of $300 million at an average price per share of $19.20. The total price includes commissions and is recorded as a reduction to retained earnings. In November 2010, the Board authorized a stock repurchase program for up to $200 million. Under the November 2010 plan, Teradyne repurchased 2.6 million shares of common stock for $31.2 million at an average price of $11.84.

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- Definition Stock Repurchase Program. + References No definition available. + Details
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