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Sensient Announces Plans Regarding Share Repurchases


Company recently announced record earnings

Sensient Technologies Corporation announcedthat it has resumed active consideration of share repurchases as part of its financial strategy. The company has an authorization to repurchase up to 3 million of its shares but it 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. "The company just announced record earnings; our prospects look very good; and our balance sheet is strong."