Delphi Automotive PLC (NYSE:DLPH) announces a share repurchase program. Under the program, the company will repurchase up to $1,500 million of its outstanding ordinary shares. Repurchases will be made in the open market or in privately negotiated transactions.

The company aims to create and enhance value for their shareholders. The timing and amount of any share repurchases will be determined based on market conditions, share price and other factors.