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Greenlight Capital stated in its Q2 2026 investor letter that it expects automotive wiring harness supplier Versigent (VGNT) to generate $1 billion in cumulative free cash flow by the end of 2028, with most of it returned to shareholders through share buybacks.
Greenlight Capital believes that Versigent (VGNT), as a high-quality supplier, will benefit from the demand for more products in hybrid and electric vehicles, and will improve profit margins through automation and business diversification. As of August 26, Versigent (VGNT) shares were priced at $47.36, up 15.35% over the past month.
Source：Yahoo财经 · Source Link
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