Rob Frohn, chief financial officer of Akzo Nobel NA, talks with Bloomberg's Jeremy Naylor from Amsterdam about first-quarter earnings reported today, its share buyback program and the outlook for growth. The world's largest maker of paints and coatings posted a better-than-expected profit of 246 million euros as rising demand in Europe and emerging markets countered a slowdown in the U.S. housing industry. The company also announced it will spend 1.6 billion euros ($2.16 billion) buying back about 10 percent of its shares. (Source: Bloomberg)