Veralto board approves $750 million share repurchase program

Published 25/11/2025, 13:14
Veralto board approves $750 million share repurchase program

Veralto Corp (NYSE:VLTO) announced Tuesday that its board of directors has authorized a share repurchase program allowing the company to buy back up to $750 million of its common stock. The repurchases may occur from time to time in the open market, through privately negotiated transactions, or by other methods at the company’s discretion.

According to the statement, the program does not obligate Veralto to acquire any specific amount of shares and has no set expiration date. The company said the timing and amount of any repurchases will be determined by management based on market and business conditions, as well as other factors.

The announcement was made in a press release and disclosed in a filing with the U.S. Securities and Exchange Commission. Veralto’s common stock is listed on the New York Stock Exchange under the ticker symbol VLTO.

In other recent news, Veralto Corporation reported its third-quarter 2025 financial results, exceeding market expectations. The company achieved an adjusted earnings per share of $0.99, surpassing the forecasted $0.88, and reported revenue of $1.4 billion, slightly higher than the anticipated $1.38 billion. Additionally, Veralto announced a definitive agreement to acquire In-Situ, a water monitoring solutions provider, for $435 million. This acquisition, expected to close in the first quarter of 2026, will enhance Veralto’s capabilities in environmental water measurement and monitoring solutions.

The company also authorized a $750 million share repurchase program. In personnel news, Veralto appointed Kimberly Y. Chainey as Senior Vice President and Chief Legal Officer, effective December 1, 2025. Chainey will report directly to the President and CEO, Jennifer L. Honeycutt, and brings experience from her previous role at Aptar Group. These developments reflect Veralto’s strategic efforts to expand its market presence and strengthen its leadership team.

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