BlackRock Inc. Purchases New Position in International Flavors & Fragrances Inc. ($IFF)
Aug 20, 2026
BlackRock Inc. acquired a 9.08% stake in International Flavors & Fragrances Inc., purchasing over 23 million shares worth approximately $1.84 billion. Despite missing quarterly earnings, IFF announced a $2.5 billion share repurchase program while analysts maintain a Moderate Buy rating.