VAN BUREN TOWNSHIP, MI -- Visteon's board of directors has authorized a share repurchase program of up to 2 million shares of its common stock, which may be repurchased over the next 24 months. Shares repurchased through the program will be used solely to fund ongoing employee compensation and benefit plan obligations.
Purchases under the program will be funded from Visteon's existing cash balance.
For more information about Visteon, go to: http://www.visteon.com.
