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."
Sensient Announces Plans Regarding Share Repurchases
Published August 9, 2011
blog comments powered by Disqus