Teledyne Announces Accelerated Share Repurchase

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THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) today announced that it has entered into an accelerated share repurchase agreement with a financial institution to repurchase 1,500,000 shares of Teledyne’s common stock, pursuant to the company’s newly authorized 2,500,000 share repurchase program. The estimated value of the accelerated repurchase transaction is approximately $142 million. Under the agreement, Teledyne will immediately purchase shares from a

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