Valero Energy Corporation Buyback
OLI recorded this information on 7/14/2015
Valero Energy Corporation
The Board of Directors also approved an incremental $2.5 billion share repurchase authorization. Valero has approximately $400 million of repurchase authority available under its previously announced buyback authorization, giving it $2.9 billion available for stock repurchases going forward.
Valero Energy is an international manufacturer and marketer of transportation fuels and petrochemical products. Co.'s segments include: Refining, which includes the operations of its petroleum refineries, the associated activities to market its refined petroleum products, and the logistics assets that support those operations; Renewable Diesel, which includes the operations of its joint venture, Diamond Green Diesel Holdings LLC and the associated activities to market renewable diesel; and Ethanol, which includes the operations of its ethanol plants, the associated activities to market its ethanol and co-products, and the logistics assets that support those operations.
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Strong Buy (3.64 out of 4)