Valero Energy (NYSE: VLO) approves additional $5.0B share repurchase authorization
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Valero Energy Corporation reported that its board of directors has expanded the company’s share repurchase capacity. On February 25, 2026, the board authorized a common stock repurchase program of up to $2.5 billion with no expiration date, under which $1.4 billion remained available as of June 30, 2026.
On July 16, 2026, the board approved an additional authorization to purchase common stock for a total cost of up to $5.0 billion, also with no expiration date and in addition to the remaining capacity under the February 2026 program. The disclosure is furnished under Regulation FD rather than filed under the Exchange Act.
Positive
- Board authorizes an additional $5.0 billion share repurchase capacity with no expiration, supplementing an existing program with $1.4 billion remaining.
Negative
- None.
8-K Event Classification
Item 7.01 — Regulation FD Disclosure
1 item
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Key Figures
February 2026 Program Size: $2.5 billion
Remaining Under February 2026 Program: $1.4 billion
New Repurchase Authorization: $5.0 billion
+1 more
4 metrics
February 2026 Program Size
$2.5 billion
Common stock repurchase authorization approved on February 25, 2026
Remaining Under February 2026 Program
$1.4 billion
Repurchase capacity remaining as of June 30, 2026
New Repurchase Authorization
$5.0 billion
Additional common stock repurchase authorization approved July 16, 2026
Form Type
8-K
Current report disclosing Regulation FD information
Key Terms
Regulation FD Disclosure, incorporated by reference, Securities Exchange Act of 1934, Securities Act of 1933
4 terms
Regulation FD Disclosure regulatory
"Item 7.01 Regulation FD Disclosure. On February 25, 2026, the board"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
incorporated by reference regulatory
"nor shall such information be deemed incorporated by reference into any registration statement"
Securities Exchange Act of 1934 regulatory
"for purposes of Section 18 of the Securities Exchange Act of 1934, as amended"
Securities Act of 1933 regulatory
"any registration statement filed by Valero under the Securities Act of 1933, as amended"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How much remained under Valero Energy’s (VLO) February 2026 buyback program as of June 30, 2026?
As of June 30, 2026, Valero had $1.4 billion of capacity remaining under its $2.5 billion February 2026 share repurchase program. The new $5.0 billion authorization is in addition to this remaining amount.
Do Valero Energy’s (VLO) new and existing repurchase authorizations have expiration dates?
Both Valero’s February 25, 2026 authorization and the July 16, 2026 additional authorization permit share repurchases with no expiration date. This allows the company to execute repurchases over an open-ended time frame at its discretion.
Is Valero Energy’s (VLO) July 16, 2026 repurchase disclosure considered filed or furnished?
The information about the $5.0 billion additional repurchase authorization is being furnished under Regulation FD, not “filed” under Section 18 of the Exchange Act. As stated, it is not automatically incorporated by reference into other securities filings.