Valvoline lifts share repurchase authorization by $175 million to $500 million remaining
VVV•Valvoline increased its share repurchase authorization by $175 million, bringing remaining buyback capacity to $500 million. Repurchases are expected to resume after the release of fiscal-year results.
1. Buyback authorization
Valvoline increased its share repurchase authorization by $175 million, taking remaining capacity to $500 million. Repurchases are expected to resume following the release of fiscal-year results and may be conducted in the open market or through privately negotiated transactions, including accelerated repurchases or Rule 10b5-1 plans. The authorization has no expiration date.
