Tranche Update on Visteon Corporation (NasdaqGS:VC)'s Equity Buyback Plan announced on March 7, 2023.
February 20, 2024 at 07:10 am EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 237,753 shares, representing 0.85% for $30.16 million. With this, the company has completed the repurchase of 783,290 shares, representing 2.78% for $105.92 million under the buyback announced on March 7, 2023.
Visteon Corporation is a global automotive technology company serving the mobility industry. The Company's platforms leverage hardware and software solutions that enable the digital, electric, and autonomous evolution of the Company's global automotive customers, including BMW, Ford, Geely, General Motors, Honda, Jaguar/Land Rover, Mahindra, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Renault, Stellantis, Tata, Toyota, and Volkswagen. The Company operates through the Electronics segment, which provides vehicle cockpit electronics products to customers, including digital instrument clusters, domain controllers with integrated advanced driver assistance systems (ADAS) displays, Android-based infotainment systems, and battery management systems. The Company designs and manufactures automotive electronics and connected car solutions, such as instrument clusters, information displays, infotainment, battery management systems, high-voltage power electronics, telematics solutions and others.
VISTEON CORPORATION 
