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VC Buyback image

Visteon Corporation Buyback

OLI recorded this information on 3/7/2023

Company: Visteon Corporation
Buyback: VC buyback
$Amount Authorized: $300,000,000
Buyback Details: Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized a share repurchase program of $300 million of common stock expiring December 31, 2026. Visteon expects to fund the repurchases through excess cash on hand and future cash flow generation.

Visteon is a global automotive technology company serving the mobility industry. Co. designs and manufactures automotive electronics and connected car solutions, including: Instrument Clusters, which provides a line of instrument clusters, from standard analog gauge clusters to 2-D and 3-D display-based devices; Information Displays, which provides a range of information displays for various applications within the cockpit; Audio and Infotainment Systems, which provides a range of infotainment and connected car solutions; Battery Management Systems; Telematics Solutions; SmartCore Cockpit Domain Controller; DriveCore Advanced Safety Driving Controller; and Body Domain Controller.

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VC — Key Stats (updated Fri., Apr. 26, 10:44 AM)
Company Name:  Visteon Corp
Stock buyback:  VC buyback
Website:  www.visteon.com
Sector:  Auto Parts
Number of ETFs Holding VC:  50
Total Market Value Held by ETFs:  $581.35M
Total Market Capitalization:  $3.09B
% of Market Cap. Held by ETFs:  18.81%
 

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April 27, 2024  •  11:59 PM Eastern
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Buy (3.00 out of 4)
23rd percentile
(ranked lower than approx. 77% of all stocks covered)

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