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Valvoline Inc (VVV.N)

VVV.N on New York Stock Exchange

24.47USD
17 Nov 2017
Change (% chg)

$-0.40 (-1.61%)
Prev Close
$24.87
Open
$24.76
Day's High
$24.89
Day's Low
$24.42
Volume
539,180
Avg. Vol
289,522
52-wk High
$25.07
52-wk Low
$19.61

Latest Key Developments (Source: Significant Developments)

Valvoline increases quarterly dividend by more than 50 percent
Tuesday, 14 Nov 2017 04:55pm EST 

Nov 14 (Reuters) - Valvoline Inc :Valvoline increases quarterly dividend by more than 50 percent.Valvoline Inc - ‍Board increased quarterly cash dividend on co's common stock by more than 50 percent, from 4.9 cents to 7.45 cents per share​.  Full Article

Valvoline sees 2018 earnings per share of $1.20-$1.28
Wednesday, 8 Nov 2017 05:01pm EST 

Nov 8 (Reuters) - Valvoline Inc :Valvoline reports fourth quarter and fiscal year 2017 results; provides fiscal 2018 outlook.Q4 earnings per share $0.52 including items.Sees fy 2018 earnings per share $1.20 to $1.28 excluding items.Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Valvoline Inc - qtrly ‍sales $547 million versus $494​ million.Valvoline - ‍expects to early adopt new accounting guidance, which will reclassify non-service pension & other post-employment benefit income to be non-operating​.Valvoline Inc - ‍beginning in fiscal 2018, adjusted EBITDA and adjusted eps will both exclude non-operating pension and opeb income​.Valvoline Inc - ‍expect our diluted adjusted eps excluding pension and opeb plan income to be between $1.20 and $1.28 in fiscal 2018​.Valvoline Inc - ‍for first-quarter fiscal 2018, Valvoline anticipates adjusted EBITDA (excluding pension and opeb income) of $108 million-$113 million​.  Full Article

William Wulfsohn to step down as Valvoline chairman and retire from board
Friday, 29 Sep 2017 07:00am EDT 

Sept 29 (Reuters) - Valvoline Inc : :William Wulfsohn to step down as Valvoline chairman and retire from Valvoline board.Valvoline Inc - board member Stephen Kirk named new chairman.  Full Article

Valvoline signs eight new agreements with franchisees
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - Valvoline Inc :Valvoline announces new development agreements with franchisees and the acquisition of franchise locations in Michigan and Ohio.Valvoline - ‍signed 8 new development deals with 7 of its largest Valvoline Instant Oil Change franchisees for addition of more than 160 stores by 2023​.Valvoline Inc - ‍announced it has signed a definitive agreement with Henley Bluewater LLC to acquire its 56 stores in Michigan and Northern Ohio​.Valvoline Inc - ‍financial terms definitive agreement with Henley Bluewater LLC not disclosed​.  Full Article

Valvoline announces pricing of senior notes offering
Thursday, 3 Aug 2017 04:15pm EDT 

Aug 3 (Reuters) - Valvoline Inc ::Valvoline announces pricing of senior notes offering.Valvoline Inc- ‍pricing of its previously announced offering of $400 million aggregate principal amount of 4.375% senior notes due 2025​.  Full Article

Valvoline Q3 adjusted earnings per share $0.34
Tuesday, 1 Aug 2017 05:01pm EDT 

Aug 1 (Reuters) - Valvoline Inc :Valvoline Inc. reports third quarter fiscal 2017 results in line with guidance.Q3 adjusted earnings per share $0.34 excluding items.Q3 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.37 to $1.40.  Full Article

Ashland Global's board declares cash dividend of 22.5 cents
Wednesday, 17 May 2017 05:40pm EDT 

May 17 (Reuters) - Ashland Global Holdings Inc :Ashland Global Holdings says board has declared a quarterly cash dividend of 22.5 cents per share on company's common stock - SEC filing.Ashland Global Holdings Inc - quarterly cash dividend represents a reduction from previous quarterly dividend of 39 cents per share.Ashland Global Holdings Inc - reduction in dividend was as a result of recently completed separation of Valvoline Inc.  Full Article

Valvoline reports Q2 earnings per share $0.35
Tuesday, 25 Apr 2017 05:01pm EDT 

April 25 (Reuters) - Valvoline Inc -:Valvoline Inc reports second quarter fiscal 2017 financial results and announces $150 million share repurchase program.Q2 adjusted earnings per share $0.37.Q2 earnings per share $0.35.Q2 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Valvoline Inc - full-year guidance remains unchanged, including adjusted eps of $1.36-$1.43.Valvoline inc - full-year guidance remains unchanged, including adjusted eps of $1.36-$1.43.Fy2017 earnings per share view $1.38, revenue view $2.04 billion -- Thomson Reuters I/B/E/S.Qtrly sales $ 514 million versus $ 480 million.Valvoline Inc - $150 million share repurchase program will be funded from available liquidity.Valvoline Inc - repurchase program will be funded from available liquidity.Q2 revenue view $501.0 million -- Thomson Reuters I/B/E/S.Valvoline Inc - term of new repurchase program extends through december 31, 2019.  Full Article

Valvoline reports Q1 earnings per share $0.35
Thursday, 26 Jan 2017 05:00pm EST 

Valvoline Inc - : Valvoline Inc reports strong first quarter fiscal 2017 financial results and raises full-year outlook . Sees FY adjusted earnings per share $1.36 to $1.43 . Q1 earnings per share $0.35 . Q1 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Q1 adjusted earnings per share $0.35 . Raises full-year outlook . Sees 2017 revenues up 4-7% . Quarterly Valvoline instant oil change system-wide same-store sales growth of 9.0 percent . FY earnings per share view $1.31 -- Thomson Reuters I/B/E/S .Valvoline Inc says for second-quarter fiscal 2017, Valvoline anticipates ebitda from operating segments of $106-$111 million.  Full Article

Valvoline shares open at $24.10 in debut, above IPO price of $22 per share
Friday, 23 Sep 2016 10:08am EDT 

: Valvoline Inc shares open at $24.10 in debut, above the IPO price of $22 per share Further company coverage: [VVV.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article