Visteon Announces $800 Million Share Repurchase Authorization

VAN BUREN TOWNSHIP, Mich., June 25, 2026 /PRNewswire/ -- Visteon Corporation (NASDAQ: VC) today announced that its board of directors has authorized a share repurchase program of $800 million of common stock expiring December 31, 2029. Visteon expects to fund the repurchases through cash available on hand in excess of operating requirements and future cash flow generation.

"We are pleased to announce this share repurchase program, which reflects both our financial strength and our commitment to delivering value for shareholders," said President and CEO Sachin Lawande. "It also signals our board's confidence in Visteon's strategy and leadership in digital cockpit, software-defined and AI-enhanced technologies reshaping our industry."

Shares may be repurchased utilizing a variety of methods, including open market purchases, accelerated share repurchase programs, privately negotiated transactions and structured repurchase transactions. Share repurchases may be suspended or discontinued at any time at the Company's discretion and are subject to the Company's discretion with respect to alternative uses of capital, as well as prevailing financial, market and industry conditions.

About Visteon

Visteon (NASDAQ: VC) is advancing mobility through innovative technology solutions that enable a software-defined future. The Company's state-of-the-art product portfolio merges digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions. With expertise spanning passenger vehicles, commercial transportation, and two-wheelers, Visteon partners with global OEMs to create safer, cleaner, and more connected journeys. Headquartered in Van Buren Township, Michigan, Visteon operates in 17 countries, employing a global network of innovation centers and manufacturing facilities. In 2025, the Company recorded annual sales of approximately $3.77 billion and secured $7.4 billion in new business. For more information, visit visteon.com.

Forward-looking Information

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "will," "may," "designed to," "outlook," "believes," "should," "anticipates," "plans," "expects," "intends," "estimates," "forecasts" and similar expressions identify certain of these forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various factors, risks and uncertainties that could cause our actual results to differ materially from those expressed in these forward-looking statements, including, but not limited to:

Caution should be taken not to place undue reliance on our forward-looking statements, which represent our view only as of the date of this release, and which we assume no obligation to update.

Visteon Contacts:

Media:
Media@Visteon.com

Investors:
Investor@visteon.com

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SOURCE Visteon Corporation