Recent Updates — VC
Visteon Corporation announced its second quarter 2026 financial results on July 23, 2026, reporting net sales of $960 million, net income attributable to Visteon of $49 million, and diluted earnings per share of $1.80. The company also entered into a $200 million accelerated share repurchase (ASR) agreement with Bank of America, N.A., expected to be completed by early in the fourth quarter of 2026, under its existing $800 million repurchase authorization. Visteon secured approximately $2.0 billion in new business wins during the quarter. Visteon is an automotive technology company that provides digital cockpit innovations, advanced displays, and software solutions for global OEMs.
On June 24, 2026, the Board of Directors authorized a share repurchase program to buy back up to $800 million of common stock through December 31, 2029. Visteon Corporation operates in the automotive industry and provides cockpit electronics and software solutions.
Visteon Corporation's Board of Directors approved the election of Gary D. Hicok to the Board, effective July 1, 2026. Mr. Hicok will also serve on the company's Technology Committee. As a non-employee director, he will receive an annual cash retainer and a stock unit award under the 2020 Incentive Plan, with amounts prorated for his partial year of service. Visteon Corporation is an automotive technology company.