NYSE:TDY
NYSE:TDYElectronic

Teledyne Technologies (TDY) Announces New US$2 Billion Buyback and Raises 2025 Earnings Guidance

Teledyne Technologies (TDY) recently raised its full-year guidance and announced a new share repurchase program, reflecting strong financial results for the second quarter, with sales rising to $1,514 million and net income reaching $210 million. These strategic moves have likely reinforced shareholder confidence, contributing to a 24% stock price increase over the last quarter. The market, enhancing this momentum, saw the S&P 500 reaching new highs, buoyed by optimism from trade deals and...