# Ingevity Corp (NGVT) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_503a39a064c7b9dcb7ed · retrieved 2026-08-11T16:11:25.526Z

## Overview
Ingevity is a global specialty materials company that develops advanced carbon and engineered materials solutions for mobility, infrastructure, and industrial applications, with a portfolio including activated carbon technologies, pavement solutions, and specialty polymers.

Ingevity Corporation completed the sale of its Road Markings product line on April 15, 2026, for approximately $63 million in net proceeds. The divestiture is part of the company's portfolio transformation strategy. Following the sale, Ingevity raised its full-year 2026 adjusted EBITDA guidance to a range of $380 to $400 million, reflecting strong operational performance across its remaining segments (Performance Materials, Pavement Technologies, and Advanced Polymer Technologies).

## Terms
- Deal value: $63.0M · Consideration: cash

## Key dates
- Announced 2026-07-29

## Timeline
- 2026-07-29 · 8-K (0001653477-26-000044): 8-K - Ingevity Corp — *Ingevity is a global specialty materials company that develops advanced carbon and engineered materials solutions for mobility, infrastructure, and industrial applications, with a portfolio including activated carbon technologies, pavement solutions, and specialty polymers.* Ingevity Corporation completed the sale of its Road Markings product line on April 15, 2026, for approximately $63 million in net proceeds. The divestiture is part of the company's portfolio transformation strategy. Following the sale, Ingevity raised its full-year 2026 adjusted EBITDA guidance to a range of $380 to $400 million, reflecting strong operational performance across its remaining segments (Performance Materials, Pavement Technologies, and Advanced Polymer Technologies).
  https://www.sec.gov/Archives/edgar/data/1653477/0001653477-26-000044.txt

## Citations
- 0001653477-26-000044 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000165347726000044