Is International Flavors & Fragrances (IFF) Undervalued On Its Debt Reduction Plan And Buyback?

Debt reduction plan and buyback shift focus to capital structure International Flavors & Fragrances (IFF) recently laid out plans to use cash from its pending Food Ingredients sale to reduce debt by late 2027, alongside a newly authorized $2.5b share repurchase program. This combination of balance sheet repair and potential capital returns has put fresh attention on how IFF allocates cash, manages leverage, and weighs future investment against direct distributions to...