Vontier enters $250M accelerated share repurchase agreement with Citibank

Vontier Corp

ASR agreement with Citibank to repurchase $250M of VNT common stock.
Part of previously announced $500M share repurchase authorization from May 2021.
Approximately $250M remains under authorization after ASR completion.
CEO cites strong conviction in business and commitment to accretive capital allocation.
Company intends to continue repurchases later in 2022 via open market or other methods.

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