Valero Energy Corp. board of directors on Monday said they have approved an additional $2.5 billion share buyback program. The refiner has about $400 million left on a previously announced share repurchase program. The company also said it will pay on Sept. 2 its regular dividend of 40 cents a share to shareholders of record Aug. 4. Shares of Valero rose 1.7% in after-hours trading after ending the regular session up 1.6%.
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