Shares of Valero Energy Corp. rose in Tuesday’s extended session after the world’s largest refiner said its board approved a stock buyback program worth up to $2.5 billion. The board also raised the company’s quarterly dividend to 80 cents from 70 cents. The dividend will be paid on March 6 to shareholders of record on Feb. 13. Valero shares rose 1% to $99.70 after hours and are up more than 7% so far in 2018.
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