(RTTNews) - V2X, Inc. (VVX), Monday announced the approval of a program to repurchase upto $100 million of the company's common stock for a three-year term ending on May 12, 2028.
The company stated that the program reflects the strength in its business and its commitment to enhancing shareholder returns through a disciplined capital allocation strategy.
In the pre-market hours, V2X's stock is trading at $51.86, up 2.49 percent on the New York Stock Exchange.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.