Company: TDY
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001094285-25-000053
Chunk: 148

Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 5
Chunk 148
---
Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities

Common Stock

Our Common Stock is listed on the New York Stock Exchange and traded under the symbol “TDY”.  

As of February 12, 2025, there were 2,073 holders of record of the Common Stock.  Because many of our shares of common stock are held by brokers and institutions on behalf of stockholders, we are unable to estimate the total number of beneficial owners of our stock represented by these stockholders of record. 

Dividends

We intend to use future earnings to fund the development and growth of our businesses.  Therefore, we do not anticipate paying any cash dividends in the foreseeable future.

Share Repurchase Program

The following table sets forth the shares repurchased during each fiscal month during the fourth quarter of 2024:

Fiscal Month 2024Total number of shares purchasedAverage price paid per shareTotal number of shares purchased as part of publicly announced plans or programs (a)Maximum dollar value of shares that may yet be purchased under the plans or programs (in millions) (a)September 30 - November 347,923 $445.85 47,923 $896.1 November 4 - December 1— $— — $896.1 December 2 - December 29— $— — $896.1 Total47,923 $445.85 47,923 

(a) On April 23, 2024, the Company’s Board of Directors authorized a new stock repurchase program to repurchase up to $1.25 billion of the Company’s common stock.  The authorized stock repurchase program does not have a stated expiration date.

Securities Authorized for Issuance Under Existing Equity Compensation Plans

Additional information required by this item is set forth in the 2025 Proxy Statement under the caption and “Securities Authorized for Issuance Under Equity Compensation Plans” and is incorporated herein by reference.