High impact polystyrene(HIPS) was repeatedly coextruded at 220 degrees C, maintaining a constant composition of 70 wt% of virgin HIPS and 30 wt% of recycled HIPS. The gel content (GC), grafting degree (GD), swell index (SI), morphology of the rubber phase, and average molecular weight of the polystyrene (PS) matrix ((M) over bar (w)) were characterized after each processing cycle. The effect of these parameters on the melt flow index (MFI), the shear viscosity (eta), the power law index (n), the Izod impact, and the stress at break were evaluated. The results demonstrated that the rheological properties changed with the number of processing cycles, e.g. the MFI decreased in the first cycle from 2.8 to 1.7 g/10 min, while from the second to the sixth cycle increased to 3.4 +/- 0.2 g/10 min. The power law index increased from n = 0.29, after the first processing cycle, to n = 0.34 in the sixth cycle. The changes in MFI and n were attributed to changes in the physical structure of the rubber phase and to chain scissions in the PS matrix, caused by the recycling. Finally, the impact strength decreased with the increasing number of processing cycles, while the tensile stress at break remained constant.