Valvoline Inc. Announces Increase in Share Repurchase Authorization
Business Wire•29/09/2026•07:30 ET
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Key Highlights
- ➤Valvoline (VVV) adds $175 million to share repurchase authorization
- ➤Total remaining repurchase authorization reaches $500 million
- ➤Valvoline (VVV) expects to resume repurchases after fiscal year results
- ➤Company says performance remains in line with its outlook
Expert Statements
Lori Flees, President and CEO of Valvoline Inc.
“This expanded authorization reflects our confidence in the long-term trajectory of our business and our ability to grow free cash flow”
Lori Flees, President and CEO of Valvoline Inc.
“Performance is in line with our outlook, we are pleased with our progress toward returning to our target leverage range, and we expect to resume share repurchases following the release of our fiscal year results.”
Lori Flees, President and CEO of Valvoline Inc.
“Our capital allocation priorities remain clear: fund growth, maintain a healthy balance sheet, and return excess free cash flow to shareholders.”
Valvoline Inc. Announces Increase in Share Repurchase Authorization
Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that its board of directors authorized the Company to repurchase an additional $175 million of its common stock, bringing the total remaining authorization to $500 million.
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