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VLO Valero Energy Corporation

160.19
-7.32 (-4.37%)
After Hours
Last Updated: 21:49:07
Delayed by 15 minutes
Share Name Share Symbol Market Type
Valero Energy Corporation NYSE:VLO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -7.32 -4.37% 160.19 166.925 159.73 166.14 4,125,332 21:49:07

Valero Energy Corporation Declares Regular Cash Dividend on Common Stock and Announces Additional Share Repurchase Authorizat...

13/07/2015 9:54pm

PR Newswire (US)


Valero Energy (NYSE:VLO)
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SAN ANTONIO, July 13, 2015 /PRNewswire/ -- The Board of Directors of Valero Energy Corporation (NYSE: VLO, "Valero") has declared a regular quarterly cash dividend on the company's common stock of $0.40 per share.  The dividend is payable on September 2, 2015 to holders of record at the close of business on August 4, 2015.

The Board of Directors also approved an incremental $2.5 billion share repurchase authorization. Valero has approximately $400 million of repurchase authority available under its previously announced buyback authorization, giving it $2.9 billion available for stock repurchases going forward. 

About Valero

Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 10,000 people, and assets include 15 petroleum refineries with a combined throughput capacity of approximately 2.9 million barrels per day, 11 ethanol plants with a combined production capacity of 1.3 billion gallons per year, a 50-megawatt wind farm, and renewable diesel production from a joint venture. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE: VLP), a midstream master limited partnership.  Approximately 7,400 outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland.  Valero is a Fortune 500 company based in San Antonio. Please visit www.valero.com for more information.

Valero Contacts
Investors: 
John Locke, Executive Director – Investor Relations, 210-345-3077
Karen Ngo, Manager – Investor Relations, 210-345-4574
Media:  Bill Day, Vice President – Communications, 210-345-2928

To download our investor relations mobile app, which offers access to SEC filings, press releases, stock quotes, and upcoming events, please visit Apple's iTunes App Store for your iPhone and iPad or Google's Play Store for your Android mobile device.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/valero-energy-corporation-declares-regular-cash-dividend-on-common-stock-and-announces-additional-share-repurchase-authorization-300112425.html

SOURCE Valero Energy Corporation

Copyright 2015 PR Newswire

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