IFF · News · 20260808N

Liquidity and Debt Position

INTERNATIONAL FLAVORS & FRAGRANCES INC · 2026-08-08 · Importance 64 · Surprise 42

IFF plans to use proceeds from the Food Ingredients divestiture to reduce debt by more than $1 billion. The company’s $2.5 billion repurchase authorization increases the importance of cash generation and balance-sheet flexibility. Free cash flow generation and improved working-capital management were cited as funding supports for the capital-allocation plan. The digest does not provide ending cash, gross debt, or net debt balances.

Key facts

• Bank of America Corp DE increased its stake in IFF by 1.6% in the first quarter to 1.5 million shares valued at approximately $109.1 million. source