Valvoline Boosts Share Buyback Scheme to $500 million

08:16 AM EDT, 09/29/2026 (MT Newswires) -- Valvoline (VVV) has increased its ongoing share buyback authorization by $175 million to $500 million, the company said Tuesday. The authorization has no expiration date, and Valvoline can repurchase shares through open-market or privately negotiated transactions, including accelerated share repurchases and Rule 10b5-1 trading plans, the company said. Valvoline said it expects to resume share repurchases after releasing its fiscal-year results. Shares of the company were up 2.1% in recent premarket trading.