Valvoline shares rise 3.7% after buyback authorization raised to $500 million
Valvoline stock was up 3.7% at $29.54 in early trading after it increased share repurchase authorization by $175 million to $500 million and said it expects to resume repurchases following its fiscal year results.
7% YTD. S&P 400 Automotive Retail index up ~4% in 2026 * 13 of 18 analysts rate the stock rate "strong buy" or "buy", 5 "hold"; median PT $45, per LSEG data (Lance Tupper is a Reuters market analyst. com 1-646-279-6380)