Quarterly ResultJul 23, 2026, 07:06 AM
Visteon Announces $200M Share Buyback, Q2 Results
AI Summary
Visteon Corporation announced a $200 million accelerated share repurchase (ASR) program, part of its existing $800 million authorization, expected to complete by early Q4 2026. For the second quarter of 2026, the company reported sales of $960 million, net income of $49 million, and adjusted EBITDA of $116 million. Visteon also secured $2.0 billion in new business wins and maintained a strong net cash position of $351 million.
Key Highlights
- Initiated $200 million accelerated share repurchase program.
- Q2 2026 sales were $960 million.
- Net income attributable to Visteon was $49 million.
- Adjusted EBITDA reached $116 million, with a 12.1% margin.
- Operating cash flow was $37 million.
- Secured $2.0 billion in new business wins during Q2.
- Ended Q2 with a net cash position of $351 million.
- Launched 24 new products across 11 customers.
Price Impact
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