XML 47 R30.htm IDEA: XBRL DOCUMENT
v3.22.4

Stock Repurchase Program | 12 Months Ended
--- | ---
Dec. 31, 2022
Stock Repurchase Program | In January 2021, Teradyne’s Board of Directors cancelled the January 2020 repurchase program and approved a repurchase program for up to $2.0 billion of common stock. In 2022, Teradyne repurchased 7.3 million shares of common stock for $752.1 million at an average price of $103.69 per share. In 2021, Teradyne repurchased 4.8 million shares of common stock for $600.0 million at an average price of $125.74 per share. The cumulative repurchases under this repurchase program as of December 31, 2022 were 12.0 million shares of common stock for $1,352.1 million at an average price per share of $112.44. In January 2023, Teradyne’s Board of Directors cancelled the January 2021 repurchase program and approved a new repurchase program for up to $2.0 billion of common stock. Teradyne intends to repurchase up to $500.0 million of its common stock in 2023 based on market conditions. The total price includes commissions and is recorded as a reduction to retained earnings.

X
- Definition Stock Repurchase Program. + References No definition available. + Details
Name: | ter_StockRepurchaseProgramTextBlock
Namespace Prefix: | ter_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration