Valero Energy authorizes share repurchase of up to $2.5 billion

(Reuters) – Refiner Valero Energy on Friday authorized a share repurchase of up to $2.5 billion, with no expiration date.

The buyback would be in addition to the amount remaining available for purchase under the $2.5 billion authorization that was approved in February, Valero said in a filing.

(Reporting by Seher Dareen in Bengaluru; Editing by Devika Syamnath)