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By The Online Investor Staff, updated Mon., Dec. 22, 9:55 PM

Slide #2. Innophos Holdings, Inc

Company: Innophos Holdings, Inc (NASDAQ:IPHS)
$Amount Authorized: $125,000,000
Buyback Details: Innophos Holdings, Inc. (NASDAQ: IPHS), a leading international producer of performance-critical and nutritional specialty ingredients, today announced that its board of directors had authorized a new repurchase program for the Company's common stock for a total consideration of $125 million. The program will begin on January 1, 2015 and is expected to remain active for 12 months.

Innophos Holdings is a holding company. Through its subsidiaries, Co. produces mineral based ingredients. Co. provides phosphate salts, phosphoric acids and other mineral and botanical based ingredients for applications such as flavor enhancers in beverages, electrolytes in sports drinks, texture modifiers in cheeses, leavening agents in baked goods, mineral and botanical sources for nutritional supplements, pharmaceutical excipients and abrasives in toothpaste. Other products include Food and Technical Grade purified phosphoric acid that are used as a flavor enhancer and in water treatment applications, as well as Granular Triple Super Phosphate fertilizer for use in agricultural sectors.
Open the IPHS Page at The Online Investor »

Company Name:  Innophos Holdings Inc
Website:  www.innophos.com
Sector:  Specialty Chemicals
Number of ETFs Holding IPHS:  40
Total Market Value Held by ETFs:  $95.05M
Total Market Capitalization:  $1.22B
% of Market Cap. Held by ETFs:  7.77%
 

Open the IPHS Page at The Online Investor (in a new window) »

December 22, 2014    9:55 PM Eastern
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Hold (2.00 out of 4)
3rd percentile
(ranked lower than approx. 97% of all stocks covered)
Based on Zacks ABR data;
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