Vontier raises share repurchase authorization to $1 billion

Vontier Corporation (NYSE: VNT) announced its board of directors approved an increase to its share repurchase authorization to $1.0 billion, effective May 19, 2026. The program expands the company's existing $500 million authorization approved April 30, 2025, under which approximately $165 million remained as of May 15, 2026.

The industrial technology company completed $105 million in share repurchases year-to-date and expects to deploy a majority of its adjusted free cash flow in 2026 toward additional repurchases, including at least $125 million in the second quarter.

"The increase to our share repurchase authorization underscores the confidence we have in our strategy, and in our ability to deliver on our financial commitments," said Mark Morelli, President and CEO of Vontier. "It further reflects the disciplined approach to capital allocation we've taken, including an enhanced focus on share repurchase over the last several years, having bought back $1 billion worth of stock since 2022 while strengthening the balance sheet and investing for growth."

Under the authorization, Vontier may repurchase shares through open market transactions, block trades, accelerated share repurchase transactions or privately negotiated transactions. The timing, manner, price and amount of repurchases will depend on market conditions, stock price, trading volume and other factors at the company's discretion.

The board also declared a regular quarterly cash dividend of $0.025 per share payable June 25, 2026 to stockholders of record on June 4, 2026. The Raleigh, North Carolina-based company provides technologies and solutions for the mobility ecosystem.

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