Victory Capital (VCTR) Announces $200M Share Buyback

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Go back to Victory Capital (VCTR) Announces $200M Share Buyback

Victory Capital Announces New $200 Million Share Repurchase Program

December 19, 2024 4:30 PM EST

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 $200 million of its Common Stock through December 31, 2026.

This new repurchase program is the largest in our history and allows us to remain flexible and opportunistic with our capital, said David Brown, Chairman and Chief Executive Officer. As a growth company, our capital allocation strategy directly supports our strategy for increasing earnings and cash flow. In addition,... More