Valvoline Inc. Announces Increase in Share Repurchase Authorization
Valvoline's board authorized an additional $175 million of share repurchases, bringing the total remaining authorization to $500 million. CEO Lori Flees said performance is in line with outlook and the company expects to resume buybacks after releasing fiscal year results, as it returns to its target leverage range.
Key figures
- Deal Value Usd
- 500000000
- Buyback increase
- $175 million
- Total remaining authorization
- $500 million
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