BuybackJul 16, 2026, 04:52 PM
Valero Board Authorizes New $5.0B Share Buyback Program
AI Summary
Valero Energy Corporation's board of directors authorized a new share repurchase program of up to $5.0 billion on July 16, 2026. This new authorization is in addition to the existing February 2026 program, which had $1.4 billion remaining as of June 30, 2026. Both share repurchase programs have no expiration date, signaling a continued commitment to returning capital to shareholders.
Key Highlights
- Valero's Board authorized a new share repurchase program of up to $5.0 billion.
- This new authorization is in addition to the amount remaining under the February 2026 Program.
- As of June 30, 2026, $1.4 billion remained available under the February 2026 Program.
- The February 2026 Program originally authorized up to $2.5 billion in share repurchases.
- Both the new $5.0 billion program and the remaining February 2026 Program have no expiration date.
Price Impact
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