Vontier Board Increases Share Repurchase Authorization To $1B

Company intends to deploy a majority of its full year 2026 Adjusted Free Cash Flow toward share repurchases with at least $125 million in the second quarter

Vontier Corporation (NYSE:VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors has approved an increase to its share repurchase authorization pursuant to which the Company may repurchase up to $1.0 billion of Vontier shares effective on May 19, 2026. The program increases Vontier's existing $500 million authorization approved April 30, 2025, under which there was approximately $165 million remaining as of May 15, 2026. Year-to-date, the Company has completed $105 million in share repurchases and expects to deploy a majority of its adjusted free cash flow in 2026 to further repurchases, including at least $125 million in the second quarter.

Under the authorization, the Company may repurchase shares from time to time in the open market, through block trades, accelerated share repurchase transactions or by means privately negotiated transactions, including those pursuant to a trading plan that may be adopted in accordance with Securities and Exchange Commission Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The timing, manner, price and amount of any repurchases will be determined at the Company's discretion and will depend on a variety of factors, including market conditions, stock price, trading volume, general business and economic conditions, legal requirements, and other considerations. The share repurchase authorization does not obligate the Company to acquire any particular amount of its common stock, and the authorization may be suspended, modified or discontinued at any time without prior notice.

The Company also announced that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on June 25, 2026 to stockholders of record on June 4, 2026. Although Vontier expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.