8-K filed Aug 4, 2026
International Flavors & Fragrances authorizes $2.5B for stock buybacks
“The Board has also authorized an enhanced $2.5 billion share repurchase program, beginning with $500 million to be executed in the second half of 2026, reflecting our confidence in IFF’s long-term value creation opportunity and the compelling return profile of repurchases at current valuation levels.”
From International Flavors & Fragrances’s 8-K filed Aug 4, 2026 · read the filing · all documents
How big is it?
International Flavors & Fragrances bought back $71M of stock in the twelve months to Jun 30, 2026. At that pace, $2.5B covers about 35.2 years of buybacks.
The amount equals 463% of its free cash flow over the same twelve months ($540M).
Its diluted share count is up 0.0% from a year earlier.
An authorization is permission, not a promise: the company can buy less, more slowly, or not at all, and usually doesn't have to say when it buys.
Show as table
| Period | Value |
|---|---|
| Q3 '23 | $0 |
| Q4 '23 | $0 |
| Q1 '24 | $0 |
| Q2 '24 | $0 |
| Q3 '24 | $0 |
| Q4 '24 | $0 |
| Q1 '25 | $0 |
| Q2 '25 | $0 |
| Q3 '25 | $0 |
| Q4 '25 | $0 |
| Q1 '26 | $35M |
| Q2 '26 | $36M |