Innospec Announces New $50 Million Share Repurchase Program

Innospec Inc. (IOSP) recently announced that its board has approved a new $50 million share repurchase program. The company's earlier $50 million program expired in the first quarter of 2025.With more than $289 million in net cash, the company retains considerable flexibility and balance sheet strength for future M&A, organic investment, dividend growth and share repurchases under this renewed repurchase program.The company reported fourth-quarter adjusted earnings of $1.41 per share, which exceeded the Zac ...