Valero Energy authorizes share repurchase of up to $2.5 billion

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September 15, 20239:13 PM UTCUpdated ago

Valero Gas Station in California

A Valero Energy Corp. gas station is pictured in El Cajon, California, U.S., August 8, 2017. Picture taken August 8, 2016. REUTERS/Mike Blake/File Photo Acquire Licensing Rights

Sept 15 (Reuters) - Refiner Valero Energy (VLO.N) on Friday authorized a share repurchase of up to $2.5 billion, with no expiration date.

The buyback would be in addition to the amount remaining available for purchase under the $2.5 billion authorization that was approved in February, Valero said in a filing.

Reporting by Seher Dareen in Bengaluru; Editing by Devika Syamnath

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