Teradata announces $500 million stock buyback in 2026.
That’s a lot of money for a company with yearly declining revenue. A lot of people don’t understand that amount of money. Think of it in terms of lipstick. That’s enough money to buy a new tube of $10 lipstick every day for 137,000 years. Wow, that’s a lot of lipstick!
19 replies (most recent on top)
@cf The stock is up artificially through a planned buyback; a buyback that helps line the pockets of C-level folks while they continue to RIF every year. I would have used some of that $500 million to innovate better products. They obviously don't know how to do that, otherwise they would have done it already.
put this thing teradata, out of its misery go f*#kmillan
@ej what are you even doing here? Aren't you busy licking boots? Bootlicking always worked well in this company. No wonder you're still there...
@ek Please do not engage with super-engineer while he is single-handedly saving Teradata. You will distract him from his PowerPoint deck.
@ej Hahaha. Keep telling yourself that super-engineer. With your attitude I doubt you have friends, buddy.
@cf I’m pretty sure the anger is about the stock buyback and how that bumped the stock price, not the stock price alone.
@e2 I've presented myself fine buddy, I'm just calling it out how I see it. I've got plenty of friends here
@cf Maybe you will be caught in the layoffs too. From how you present yourself, your coworkers probably look forward to that too.
So the stock goes up you guys are mad the stock goes down you guys are mad? Y'all are children, I'll be happy when the layoffs hit in fact I welcome them
I remember when CB got up on stage a few years ago and declared the buyback's would see the share price rocket to $75. Fast forward to now where we are a few years into the buyback and the share price languishes. All the buybacks have achieved is avoiding total craterization of the share price. The fundamentals are still wrong, declining revenue in what should be a growth market
Teradata has on its begging pants for someone to purchase them. It’s desperate and sad.
@bh Depends on why the stock goes up and down. Stock goes up because of buyback? Or stock goes up because revenue is up? Well that one isn’t happening so far.
Stock goes down; Teradata bad. Stock goes up; Teradata.. checks notes bad.
Comparing time to money? That's a logical fallacy is there some reference I missed?
To bump up the stock price prior to a buyout?
@a2 The ELT.
Interesting...here's what they might be thinking...
- Teradata stock buybacks can consolidate ownership, leading to fewer voting shareholders and claims to capital.
- Teradata is trying to buy back shares to reduce the cost of capital and potentially increase equity value without issuing new shares.
- Maybe they are thinking that share repurchases will enhance their company's financial attractiveness by boosting earnings per share (EPS).
I would think it has to do with EPS but while buybacks can positively affect stock prices and investor confidence, we are talking about Teradata I am not sure anybody is buying what Teradata is selling (literally)...
@a2 The first step is admitting you need the lipstick.
Where would you get that amount of pigs from though?