Teradata (TDC) +0.3% AH after announcing a $300M stock buyback program, good for repurchasing 3%...

|About: Teradata Corporation (TDC)|By:, SA News Editor

Teradata (TDC) +0.3% AH after announcing a $300M stock buyback program, good for repurchasing 3% of outstanding shares at current levels. The company adds it has only $81M remaining on a buyback program announced in February, following major purchases this quarter. After rallying earlier this year, Teradata shares have slumped this fall, thanks to bad earnings news from both the company and data warehousing/analytics peers (I, II).