Ball Board Declares Quarterly Dividend

Rhea-AI Summary

On April 26, 2023, Ball Corporation's board declared a cash dividend of 20 cents per share, payable on June 15, 2023, to shareholders on record by June 1, 2023. The company will report its first quarter 2023 earnings on May 4, 2023, at 9 a.m. MT. Investors can access the earnings call via a toll-free number or through a live webcast. Ball Corporation, a leader in sustainable aluminum packaging solutions, reported $15.35 billion in net sales for 2022 and employs 21,000 people worldwide. The press release also warns of risks affecting future performance, including supply chain disruptions and regulatory challenges. For more details, visit the company’s investor relations website.

Positive

• Declared a cash dividend of 20 cents per share, enhancing shareholder returns.
• Reported 2022 net sales of $15.35 billion, indicating strong revenue performance.

Negative

• Potential risks from supply chain disruptions and regulatory challenges could impact future performance.

WESTMINSTER, Colo., April 26, 2023 /PRNewswire/ -- Ball Corporation's (NYSE: BALL) board of directors (the "Board") today declared a cash dividend of 20 cents per share, payable June 15, 2023, to shareholders of record as of June 1, 2023.

Ball will announce its first quarter 2023 earnings on Thursday, May 4, 2023 at 9 a.m. Mountain time. Please use the following toll-free number +1-800-768-9711. International callers should dial +1 212-231-2937. Please use the following URL for a webcast of the live call:

https://edge.media-server.com/mmc/p/h6ipu84x

For those unable to listen to the live call, a taped replay will be available from 11 a.m. Mountain time on May 4, 2023, until 11 a.m. Mountain time on May 11, 2023. To access the replay, call +1 800-633-8284 (North American callers) or +1 402-977-9140 (international callers) and use reservation number 22026528. A written transcript of the call will be posted within 48 hours of the call's conclusion to Ball's website at www.ball.com/investors under "news and presentations."  

About Ball Corporation

Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 21,000 people worldwide and reported 2022 net sales of $15.35 billion. For more information, visit www.ball.com, or connect with us on Facebook or Twitter.

Forward-Looking Statement

This release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "believes," and similar expressions typically identify forward-looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements and they should be read in conjunction with, and qualified in their entirety by, the cautionary statements referenced below. Ball undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in Ball's Form 10-K, which are available on Ball's website and at www.sec.gov. Additional factors that might affect: a) Ball's packaging segments include product capacity, supply, and demand constraints and fluctuations and changes in consumption patterns; availability/cost of raw materials, equipment, and logistics; competitive packaging, pricing and substitution; changes in climate and weather and related events such as drought, wildfires, storms, hurricanes, tornadoes and floods; footprint adjustments and other manufacturing changes, including the startup of new facilities and lines; failure to achieve synergies, productivity improvements or cost reductions; unfavorable mandatory deposit or packaging laws; customer and supplier consolidation; power and supply chain interruptions; changes in major customer or supplier contracts or loss of a major customer or supplier; inability to pass through increased costs; war, political instability and sanctions, including relating to the situation in Russia and Ukraine and its impact on Ball's supply chain and its ability to operate in Europe, the Middle East and Africa regions generally; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and orders affecting goods produced by Ball or in its supply chain, including imported raw materials; b) Ball's aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) Ball as a whole include those listed above plus: the extent to which sustainability-related opportunities arise and can be capitalized upon; changes in senior management, succession, and the ability to attract and retain skilled labor; regulatory actions or issues including those related to tax, environmental, social and governance reporting, competition, environmental, health and workplace safety, including U.S. Federal Drug Administration and other actions or public concerns affecting products filled in Ball's containers, or chemicals or substances used in raw materials or in the manufacturing process; technological developments and innovations; the ability to manage cyber threats; litigation; strikes; disease; pandemic; labor cost changes; inflation; rates of return on assets of Ball's defined benefit retirement plans; pension changes; uncertainties surrounding geopolitical events and governmental policies, including policies, orders, and actions related to COVID-19; reduced cash flow; interest rates affecting Ball's debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, and their effects on Ball's operating results and business generally.

 

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SOURCE Ball Corporation

FAQ

What is the dividend amount declared by Ball Corporation for June 2023?

Ball Corporation declared a cash dividend of 20 cents per share, payable on June 15, 2023.

When will Ball Corporation announce its first quarter 2023 earnings?

Ball Corporation will announce its first quarter 2023 earnings on May 4, 2023, at 9 a.m. Mountain time.

Who is eligible to receive the dividend from Ball Corporation?

Shareholders of record as of June 1, 2023, are eligible to receive the dividend.

How can I access the earnings call for Ball Corporation?

You can access the earnings call via a toll-free number or through a live webcast provided in the press release.

What were Ball Corporation's net sales for 2022?

Ball Corporation reported net sales of $15.35 billion for the year 2022.