Victory Capital (VCTR) Announces New $100 Million Share Repurchase Program

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Go back to Victory Capital (VCTR) Announces New $100 Million Share Repurchase Program

Victory Capital Announces New $100 Million Share Repurchase Program

March 15, 2023 8:00 AM EDT

SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (Victory Capital or the Company) today announced that its Board of Directors has approved a new common stock repurchase program authorizing the repurchase of up to $100 million of its Common Stock through March 31, 2025.

This new repurchase authorization allows us to remain flexible and opportunistic with our capital allocation, said David Brown, Chairman and Chief Executive Officer.

The Companys former $100 million stock repurchase authorization, initiated in May of 2022, has been completed.

Under the new program, the Company may purchase its... More