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Ingredion authorizes 4M share buyback program

  • Ingredion (INGR +0.4%) shares turn positive after the board authorizes a new 4M share repurchase program expiring in 2018. The authorization comes after Ingredion completed its previous 5M share program in Q4, with 2.5M shares repurchased during the quarter alone.
  • If fully executed, the program would decrease shares outstanding by 5.2%.
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