tiprankstipranks
Victory Capital Launches Largest Stock Buyback Program
Company Announcements

Victory Capital Launches Largest Stock Buyback Program

Story Highlights

Pick the best stocks and maximize your portfolio:

Victory Capital Holdings ( (VCTR) ) has issued an update.

Victory Capital Holdings announced the approval of a new $200 million stock repurchase program, marking its largest ever, to be completed by the end of 2026. This initiative aligns with the company’s strategy to enhance earnings and cash flow while rewarding shareholders through repurchases and dividends, continuing from the completion of a previous $100 million buyback plan.

More about Victory Capital Holdings

Victory Capital is a diversified global asset management firm with total assets under management of $179.7 billion, and $184.0 billion in total client assets as of November 30, 2024. The company offers specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors through a diverse range of products including mutual funds, ETFs, and private funds. Headquartered in San Antonio, Texas, Victory Capital combines boutique investment qualities with an integrated operating platform.

YTD Price Performance: 83.15%

Average Trading Volume: 394,264

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.98B

See more insights into VCTR stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyVictory Capital price target raised to $66 from $64 at Morgan Stanley
TheFlyVictory Capital announces new $200M share repurchase program
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App