Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
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Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Market Information.
Our common stock is principally traded on the New York Stock Exchange under the ticker symbol “IFF.”
While we have historically paid dividends on a quarterly basis to shareholders of our common stock, the declaration and payment of future dividends will depend on many factors, including, but not limited to, our earnings, financial condition, business development needs and regulatory considerations. Our Board of Directors may reduce, suspend or discontinue the payment of dividends at any time. See Part II, Item 8 of this Form 10-K in the “Consolidated Statements of Shareholders’ Equity” and in the Notes to Consolidated Financial Statements in Note 17 for additional information.
Approximate Number of Equity Security Holders.
| Title of Class | Number of shareholders of record as of February 20, 2026 | |||||||
| Common stock, par value 12 1/2¢ per share | 2,766 |
Issuer Purchases of Equity Securities.
The following information summarizes information with respect to the Company’s purchase of its common stock during the year ended December 31, 2025, reported on a settlement date basis.
| Period | Total number of shares purchased | Average price paid per share | Total number of shares purchased as part of publicly announced plans or programs**(1)** | Approximate dollar value of shares that may yet be purchased under the plans or programs**(1)** (Dollars in Millions) | |||||||||||||||||||
| October 1-31, 2025 | 210,002 | $ | 62.83 | 210,002 | $ | 487 | |||||||||||||||||
| November 1-30, 2025 | 174,872 | 65.17 | 174,872 | 475 | |||||||||||||||||||
| December 1-31, 2025 | 199,041 | 66.29 | 199,041 | 462 | |||||||||||||||||||
| Total | 583,915 | $ | 64.71 | 583,915 | $ | 462 |
(1)As announced on August 5, 2025, our Board of Directors authorized a repurchase plan of up to $500 million of common stock. The program began on October 1, 2025 and does not have a specified term of termination date. Subject to market conditions, we expect to repurchase all shares under this authorization, in open market or privately negotiated transactions, including pursuant to Rule 10b5-1 under the Exchange Act, and in block trades, or a combination of the foregoing.
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