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Thursday 2 November 2017

IFF announces $300 mn share repurchase approval




International Flavors & Fragrances Inc (IFF) said that its board of directors has approved an extension of its existing share repurchase authorization through 2022, with a total value of $300 million, including approximately $50 million remaining on its prior authorization.
The purchases will be made from time to time on the open market or through private transactions as market and business conditions warrant. Repurchased shares will be placed into treasury stock.

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