Visteon board approves $800M share repurchase program

Visteon Corporation (NASDAQ: VC) said its board of directors has authorized an $800 million common stock repurchase program, expiring December 31, 2029.

The Van Buren Township, Michigan-based company said it expects to fund the repurchases through cash on hand in excess of operating requirements and future cash flow generation, according to a press release.

Shares may be repurchased through open market purchases, accelerated share repurchase programs, privately negotiated transactions, and structured repurchase transactions. The company noted that repurchases may be suspended or discontinued at any time at its discretion.

"We are pleased to announce this share repurchase program, which reflects both our financial strength and our commitment to delivering value for shareholders," said President and CEO Sachin Lawande.

Visteon reported annual sales of approximately $3.77 billion in 2025 and said it secured $7.4 billion in new business that year. The company operates in 17 countries.

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