iofina plc said monday that revenue and pretax profit for 2021 rose following the execution of its business plans and a strong rebound in demand amid a pandemic recovery and that it will conduct a share buyback the iodine producer said pretax profit was 51 million compared with 12 million in 2020 revenue for the year was 390 million compared with 297 million it said the company said the board has approved a 15 million share buyback based on the closing price may 6 the company intends to buy back around three million pounds 37 million in shares with market fundamentals remaining favorable a muchimproved balance sheet and continued strategic investment in our growth the board remains confident in the future success of the business and looks forward to keeping shareholders updated on progress chief executive tom becker said