Victory Capital Announces New $100 Million Share Repurchase Program
05 Décembre 2023 - 2:00PM
Business Wire
Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital”
or the “Company”) today announced that its Board of Directors has
approved a new common stock repurchase program authorizing the
repurchase of up to $100 million of its Common Stock through
December 31, 2025.
“This new repurchase authorization allows us to remain flexible
and opportunistic with our capital allocation,” said David Brown,
Chairman and Chief Executive Officer.
Under the new program, the Company may purchase its shares from
time to time in the open market or in privately negotiated
transactions. The amount and timing of the purchases will depend on
a number of factors including the price and availability of the
Company's shares, trading volume, capital availability, Company
performance and general economic and market conditions. The share
repurchase program may be suspended or discontinued at any
time.
About Victory Capital
Victory Capital is a diversified global asset management firm
with $148.9 billion in assets under management as of October 31,
2023. The Company employs a next-generation business strategy that
combines boutique investment qualities with the benefits of a fully
integrated, centralized operating and distribution platform.
Victory Capital provides specialized investment strategies to
institutions, intermediaries, retirement platforms and individual
investors. With 11 autonomous Investment Franchises and a Solutions
Business, Victory Capital offers a wide array of investment
products and services, including mutual funds, ETFs, separately
managed accounts, alternative investments, third-party ETF model
strategies, collective investment trusts, private funds, a 529
Education Savings Plan, and brokerage services.
Victory Capital is headquartered in San Antonio, Texas, with
offices and investment professionals in the U.S. and around the
world. To learn more please visit www.vcm.com or follow Victory
Capital on Facebook, Twitter, and LinkedIn.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231205677253/en/
Investors: Matthew Dennis, CFA Chief of Staff Director,
Investor Relations 216-898-2412 mdennis@vcm.com
Media: Jessica Davila Director of Global Communications
210-694-9693 Jessica_davila@vcm.com
Victory Capital (NASDAQ:VCTR)
Graphique Historique de l'Action
De Avr 2024 à Mai 2024
Victory Capital (NASDAQ:VCTR)
Graphique Historique de l'Action
De Mai 2023 à Mai 2024