What is a tender offer?
A tender offer allows existing shareholders to tender or sell their shares at a specified price determined by the company. Current shareholders will receive a notice via mail or email with the terms of the offer and the expiration date for instruction. VVV shareholders have received a tender offer.
You can either let the tender offer expire, or request to opt into the tender offer.
Let Tender Offer Expire
To let your tender offer expire, no further action is needed by you
Tender My Shares
Here is the information available for the VVV tender offering:
OPT 01: SPECIFY PRICE (ODDLOT HOLDER ONLY (99 OR LESS
OPT 02 : NON SPECIFIED PRICE ODDLOT HOLDERS ONLY 99 OR LESS
OPT 03 SPECIFY PRICE (ROUNDLOT HOLDERS ONLY 100 OR MORE SHARES
OPT 04: NON SPECIFIED PRICE (ROUNDLOT HOLDERS ONLY 100 OR MORE SHARES
OPT 05: SPECIFIED PRICE CONDITIONAL TENDER
OPT 06 NON SPECIFIED PRICE CONDITIONAL TENDER
IF YOU CHOOSE OPTIONS 1,3,OR 05 PLEASE SEND INSTRUCTIONS TO APEX SERVICE CENTER WITH PRICE THAT YOU ARE SPECIFYING ALONG WITH INSTRUCTIONS
VALVOLINE INC., A KENTUCKY CORPORATION (THE -COMPANY,- -VALVOLINE,- -WE,- -OUR- OR -US-), IS OFFERING TO PURCHASE UP TO $1.0 BILLION IN VALUE OF IT'S COMMON STOCK, PAR VALUE $0.01 PER SHARE (THE -SHARES-), AT A PRICE NOT GREATER THAN $40.00 PER SHARE NOR LESS THAN $35.00 PER SHARE,TO THE SELLER INCREMENTS OF .25
CONDITIONAL TENDERS MAY BE ACCEPTED FOR PURCHASE BY RANDOM LOT. TO BE ELIGIBLE FOR PURCHASE BY RANDOM LOT, SHAREHOLDERS WHOSE SHARES ARE CONDITIONALLY TENDERED MUST HAVE TENDERED ALL THEIR SHARES.
OFFER MAYBE SUBJECT TO PRORATION
WITHDRAWAL EXPIRES 06/08/23
If you would like to proceed and tender your shares, please contact us and let us know which option you would like to proceed with. From there, we will be able to assist you in your request.
Requests made 1-2 business days before the expiration date of 06/08/23 are processed on a best-efforts basis.
Please note that there is a $50 fee per account in which the shares are tendered if the value of the tendered shares is greater than $100.