filings.toolsItem 5. Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities
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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 11, 2026, there were 1,898 holders of record of our 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 2025:
| Fiscal Month 2025 | Total number of shares purchased | Average price paid per share | Total 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 29 – November 2 | 70,618 | $ | 523.91 | 70,618 | $ | 1,963.0 | ||||||||||||||||||||
| November 3 – November 30 | 506,436 | $ | 505.47 | 506,436 | $ | 1,707.1 | ||||||||||||||||||||
| December 1 – December 28 | 211,050 | $ | 506.96 | 211,050 | $ | 1,600.0 | ||||||||||||||||||||
| Total | 788,104 | $ | 507.52 | 788,104 |
(a) In July 2025, the Company’s Board approved a new stock repurchase program authorizing the Company to repurchase up to $2.0 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 2026 Proxy Statement under the caption and “Securities Authorized for Issuance Under Equity Compensation Plans” and is incorporated herein by reference.
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