Vontier's Board Approves Share Repurchase Authorization Increase to $1B
Vontier's Board of Directors has approved an increase to its share repurchase authorization pursuant to which the Company may repurchase up to $1B of Vontier shares effective on May 19. The program increases Vontier's existing $500M authorization approved April 30, 2025, under which there was approximately $165M remaining as of May 15. Year-to-date, the Company has completed $105M in share repurchases and expects to deploy a majority of its adjusted free cash flow in 2026 to further repurchases, including at least $125M in the second quarter.