# VISTEON CORP (VC) — capital_return/recapitalization [announced]
Source: SEC API (secapi.ai) · situation sit_c5fb073b8273ab80b20f · retrieved 2026-08-11T16:13:06.349Z

## Overview
Visteon Corporation is an automotive technology company that develops digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions for passenger vehicles, commercial transportation, and two-wheelers.

Visteon Corporation entered into a fixed dollar accelerated share repurchase (ASR) transaction with Bank of America, N.A. on July 23, 2026, to repurchase an aggregate of $200 million of the Company's common stock. The final number of shares to be repurchased will be based on the volume-weighted average price (VWAP) of the Common Stock during the transaction term, less a discount, with final settlements expected to be completed no later than early in the fourth quarter of 2026. The transaction is conducted under the Company's existing $800 million share repurchase authorization.

## Terms
- Counterparty: Bank of America, N.A. · Deal value: $200.0M · Consideration: cash

## Key dates
- Announced 2026-07-23 · Expected close 2026-10-31

## Timeline
- 2026-07-23 · 8-K (0001111335-26-000045): 8-K - VISTEON CORP — *Visteon Corporation is an automotive technology company that develops digital cockpit innovations, advanced displays, AI-enhanced software solutions, and integrated EV architecture solutions for passenger vehicles, commercial transportation, and two-wheelers.* Visteon Corporation entered into a fixed dollar accelerated share repurchase (ASR) transaction with Bank of America, N.A. on July 23, 2026, to repurchase an aggregate of $200 million of the Company's common stock. The final number of shares to be repurchased will be based on the volume-weighted average price (VWAP) of the Common Stock during the transaction term, less a discount, with final settlements expected to be completed no later than early in the fourth quarter of 2026. The transaction is conducted under the Company's existing $800 million share repurchase authorization.
  https://www.sec.gov/Archives/edgar/data/1111335/0001111335-26-000045.txt

## Citations
- 0001111335-26-000045 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000111133526000045