SAN ANTONIO, July 13, 2015 /PRNewswire/ -- The Board of
Directors of Valero Energy Corporation (NYSE: VLO, "Valero") has
declared a regular quarterly cash dividend on the company's common
stock of $0.40 per share. The
dividend is payable on September 2,
2015 to holders of record at the close of business on
August 4, 2015.
The Board of Directors also approved an incremental $2.5 billion share repurchase authorization.
Valero has approximately $400 million
of repurchase authority available under its previously announced
buyback authorization, giving it $2.9
billion available for stock repurchases going
forward.
About Valero
Valero Energy Corporation, through its subsidiaries, is an
international manufacturer and marketer of transportation fuels,
other petrochemical products and power. Valero subsidiaries employ
approximately 10,000 people, and assets include 15 petroleum
refineries with a combined throughput capacity of approximately 2.9
million barrels per day, 11 ethanol plants with a combined
production capacity of 1.3 billion gallons per year, a 50-megawatt
wind farm, and renewable diesel production from a joint venture.
Through subsidiaries, Valero owns the general partner of Valero
Energy Partners LP (NYSE: VLP), a midstream master limited
partnership. Approximately 7,400 outlets carry the Valero,
Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Valero is a
Fortune 500 company based in San
Antonio. Please visit www.valero.com for more
information.
Valero Contacts
Investors:
John Locke, Executive Director –
Investor Relations, 210-345-3077
Karen Ngo, Manager – Investor
Relations, 210-345-4574
Media: Bill Day, Vice
President – Communications, 210-345-2928
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SOURCE Valero Energy Corporation