Visteon Board Approves New $400 Million Share Buyback Program

By Ciara Linnane Markets MarketWatch Pulse

Car parts maker Visteon Corp. said Tuesday its board has approved a $400 million share buyback program that it plans to execute through March of 2018. Visteon shares were indicating higher premarket, but are down 22% in the last 12 months, while the S&P 500 has gained 18%.

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