Innospec (IOSP) approve new $50 million share repurchase plan

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Go back to Innospec (IOSP) approve new $50 million share repurchase plan

Innospec Approves New $50MM Share Repurchase Program

March 10, 2025 4:45 PM EDT

ENGLEWOOD, Colo., March 10, 2025 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announces that its Board of Directors has approved a new $50 million share repurchase program. The company's prior $50 million share repurchase program expired in the first quarter of 2025.

Patrick S. Williams, President and Chief Executive Officer, said,

"With over $289 million in net cash, we continue to have significant flexibility and balance sheet strength for further M&A, organic investment, dividend growth and share repurchases under this renewed buyback program."

Purchases may be made... More