WESTCHESTER, Ill., Feb. 9, 2005 /PRNewswire-FirstCall via COMTEX/ -- Corn Products
International, Inc. (NYSE: CPO) today announced that its board of directors
has authorized a stock repurchase program.
Under the program, which runs through February 28, 2010, the Company can
purchase up to 4 million shares of its issued and outstanding common stock.
This program replaces the Company's previous stock repurchase program,
which expired on January 20, 2005.
ABOUT CORN PRODUCTS INTERNATIONAL, INC.
Corn Products International, Inc. is one of the world's largest corn
refiners and a major supplier of high-quality food ingredients and industrial
products derived from the wet milling and processing of corn and other starch-
based materials. The Company is the number-one worldwide producer of dextrose
and a leading regional producer of starch, high fructose corn syrup and
glucose. In 2004, the Company recorded net sales of $2.3 billion with
operations in 19 countries at 34 plants, including wholly owned businesses,
affiliates and alliances. Headquartered in Westchester, Ill., it was founded
in 1906. The Company is listed on the New York Stock Exchange under the
symbol CPO. Additional information can be found on the World Wide Web at
SOURCE Corn Products International, Inc.
Investors, Richard Vandervoort, +1-708-551-2595, or Media, Mark Lindley,
+1-708-551-2602, both of Corn Products International