We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Visteon Corporation | NASDAQ:VC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 111.17 | 111.45 | 128.57 | 0 | 11:55:00 |
From Jul 2019 to Jul 2024
Visteon Corp. said Tuesday it has completed the $3.6 billion sale of its stake in Halla Visteon Climate Control Corp. and unveiled an accelerated $500 million share buyback program.
Visteon announced plans in December to sell its 70% stake in the company to an affiliate of South Korea-based private-equity firm Hahn & Co. and Hankook Tire Co.
Shares of Visteon gained 2.4% in premarket trading to $108.50.
The deal was part of Visteon's broader effort to focus on its cockpit electronic ecosystems businesses and connected car segment.
Visteon on Tuesday detailed its plans to return up to $2.75 billion to shareholders through buybacks and distributions over the next year.
Due to U.S. tax rules, Visteon said it plans to limit buybacks to $500 million this year, which it plans to carry out through an accelerated repurchase program. The company also expects to make a special distribution next year.
Write to Chelsey Dulaney at Chelsey.Dulaney@wsj.com
Access Investor Kit for Visteon Corp.
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US92839U2069
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Visteon Chart |
1 Month Visteon Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
