In addition, Sensient’s Board of Directors has approved a resolution to increase the authorization under its share repurchase program by three million shares. This new authorization supplements the existing authorization, which has approximately 600,000 shares remaining available for repurchase.
“Since 2014, Sensient has increased its quarterly dividend by 43% and repurchased approximately 6.8 million shares of its common stock,” said Paul Manning, chairman, president and CEO of Sensient Technologies. “This announcement underscores our confidence in Sensient’s financial strength and future outlook.”
Photo courtesy Sensient