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Stock Repurchase Program | 12 Months Ended
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Dec. 31, 2021
Stock Repurchase Program | U. STOCK REPURCHASE PROGRAM In January 2021, Teradyne’s Board of Directors cancelled the January 2020 repurchase program and approved a new repurchase program for up to $2.0 billion of common stock. In 2021, Teradyne repurchased 4.8 million shares of common stock for $600.0 million at an average price of $125.74 per share. Teradyne intends to repurchase a minimum of $750.0 million of its common stock in 2022. In January 2020, Teradyne’s Board of Directors cancelled the January 2018 repurchase program and approved a new stock repurchase program for up to $1.0 billion of common stock. On April 1, 2020, Teradyne suspended its share repurchase program. In 2020, Teradyne repurchased 1.5 million shares of common stock for $88.5 million at an average price of $58.33 per share. In 2019, Teradyne repurchased 10.9 million shares of common stock for $500.0 million at an average price per share of $45.89. The cumulative repurchases as of December 31, 2019, for the 2018 stock repurchase program, totaled 32.5 million shares of common stock for $1,323.0 million at an average price per share of $40.68. The total price includes commissions and is recorded as a reduction to retained earnings.

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