Sensient makes share repurchase plans

Published: 10-Aug-2011

Follows record earnings announcement


Sensient Technologies Corporation had announced that it has resumed active consideration of share repurchases as part of its financial strategy. The Company has an authorisation to repurchase up to 3 million of its shares but has not engaged in any buybacks since 2007.

"We believe our stock is a very attractive investment right now," said Kenneth P Manning, chairman and ceo of Sensient Technologies Corporation. "The Company just announced record earnings; our prospects look very good; and our balance sheet is strong."

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