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Berry Global Group, Inc. - BERY STOCK NEWS

Welcome to our dedicated page for Berry Global Group news (Ticker: BERY), a resource for investors and traders seeking the latest updates and insights on Berry Global Group stock.

Berry Global Group, Inc. (NYSE: BERY) is a leading global manufacturer of plastic packaging products and protection materials. Serving a diverse range of markets, including food, beverage, personal care, household chemicals, healthcare, and industrial, Berry Global caters to over 15,000 customers, including some of the world’s largest consumer packaged goods (CPG) manufacturers. The company's strategic international expansion aims to fulfill the growing global market demands.

The company operates through four primary business segments: Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties. Berry Global primarily utilizes plastic resin as its raw material, sourced from various suppliers.

The acquisition of RPC has bolstered the Consumer Packaging International segment, expanding Berry’s geographical footprint and boosting its revenue. This segment includes products such as closures, dispensing systems, pharmaceutical devices, packaging, bottles, canisters, polythene films, recycling, containers, and technical components.

Berry Global's impressive growth is underscored by its extensive network of 119 global manufacturing locations across 17 countries and a workforce of over 21,000 employees. The company's history of strategic acquisitions has significantly bolstered its market presence and technological capabilities.

In recent developments, Berry Global acquired F&S Tool, a North American leader in precision injection molding tools. This move aims to strengthen Berry's global tooling capabilities, bringing in proprietary technologies and manufacturing excellence.

Berry Global continues to innovate and expand, focusing on sustainable growth and maintaining a leading position in the plastic packaging industry. Stay updated with the latest news and developments about Berry Global Group, Inc. to understand its market performance and strategic initiatives.

News

Berry Global Named to 100 Best Corporate Citizens of 2023 for Strong ESG Performance

Rhea-AI Summary
Berry Global Group, Inc. (NYSE: BERY) has been named to 3BL's annual 100 Best Corporate Citizens ranking, moving from an overall ranking of 97 to 60. The recognition is for outstanding environmental, social, and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. Berry has made significant gains in reducing greenhouse gas emissions and improving corporate governance, employee engagement, and circularity in the plastics value chain.
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Berry Global Group, Inc. to Release Fourth Quarter and Fiscal Year 2023 Results on November 16, 2023

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Berry Global Group to report Q4 and FY2023 results on November 16, 2023
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Berry Global Partners with ACCIONA Energía to Power its Mexico Operations with 100% Renewable Electricity

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Berry Global Group, Inc. announces a five-year power purchase agreement with ACCIONA Energía to power its facilities in Mexico with wind and solar power, reducing carbon emissions by 40,000 metric tons annually. This supports Berry's climate goals and provides lower-carbon solutions for its customers. The agreement adds to Berry's Latin American renewable energy portfolio, allowing the company to increase renewable energy usage year over year.
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-0.44%
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Berry Upgraded to “A” Rating from MSCI for Effective ESG Management

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Berry Global Group, Inc. (NYSE: BERY) earns an 'A' ESG rating from MSCI for its progress in managing ESG risks and opportunities. Greatest improvement in 'Carbon Emissions' category. Recognized for 'Labor Management' and 'Chemical Safety'. Commits to net-zero emissions by 2050.
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Berry Global Announces Review of Strategic Alternatives for its Health, Hygiene and Specialties Segment

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Berry Global Group initiates process to evaluate strategic alternatives for its Health, Hygiene and Specialties segment. Considering sale, partnership, spin-off, or other separation transaction. No deadline or timetable set. Citigroup Global Markets and Wells Fargo Securities retained as financial advisors.
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Berry Global Appoints Kevin Kwilinski as Chief Executive Officer

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Berry Global Group, Inc. (NYSE: BERY) announced the election of Kevin Kwilinski as Chief Executive Officer, effective October 2, 2023. Stephen Sterrett was also elected as Chairman of the Board. Tom Salmon will remain in an advisory role through the end of the year to ensure a smooth transition. Kwilinski brings nearly three decades of packaging industry experience and a track record of operational excellence. The Board is confident in his ability to guide Berry through its next phase of growth and value creation.
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Berry Announces Third Quarter 2023 Results

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Berry Global (BERY) reports third quarter net sales of $3.2 billion and operating income of $267 million. The company returned $115 million to shareholders and expects to repurchase nearly 3 million shares in the fourth fiscal quarter. Despite a 7% volume decline, adjusted earnings per share grew by 3% to $1.90. The company also provides fiscal 2023 guidance for adjusted EPS of $7.30 and anticipates returning at least $700 million of capital to shareholders through share repurchases and dividends.
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Berry Declares Quarterly Dividend

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Berry Global Group, Inc. announces quarterly cash dividend of $0.25 per share.
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Berry Global Group, Inc. to Release Third Fiscal Quarter 2023 Results on August 9, 2023

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Berry Global Group, Inc. will report its Q3 2023 results on August 9, 2023. The quarterly conference call will be held at 10 a.m. ET and will be webcast live on the company's website. A replay of the webcast will be available later.
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Berry Announces Second Quarter 2023 Results

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Berry Global Reports Solid Second Quarter Results, Reaffirms Fiscal 2023 Outlook
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FAQ

What is the current stock price of Berry Global Group (BERY)?

The current stock price of Berry Global Group (BERY) is $64.2 as of December 20, 2024.

What is the market cap of Berry Global Group (BERY)?

The market cap of Berry Global Group (BERY) is approximately 7.4B.

What markets does Berry Global serve?

Berry Global serves markets including food, beverage, personal care, household chemicals, healthcare, and industrial sectors.

How many customers does Berry Global have?

Berry Global caters to over 15,000 customers, including some of the world’s largest consumer packaged goods (CPG) manufacturers.

What are the main business segments of Berry Global?

Berry Global operates through Consumer Packaging International, Consumer Packaging North America, Engineered Materials, and Health, Hygiene, and Specialties.

Where does Berry Global get its raw materials?

Berry Global primarily uses plastic resin as its raw material, sourced from a variety of suppliers.

What was a recent acquisition by Berry Global?

Berry Global recently acquired F&S Tool, a North American leader in precision injection molding tools, to enhance its global tooling capabilities.

How many employees does Berry Global have?

Berry Global employs over 21,000 individuals.

How many manufacturing locations does Berry Global have?

Berry Global has 119 global manufacturing locations across 17 countries.

What products are included in the Consumer Packaging International segment?

Products include closures, dispensing systems, pharmaceutical devices, packaging, bottles, canisters, polythene films, recycling, containers, and technical components.

Why is Berry Global expanding internationally?

Berry Global is expanding internationally to meet the needs of the rapidly growing global markets.

What is the significance of Berry Global's acquisition history?

Berry Global's history of acquisitions has significantly bolstered its market presence and technological capabilities, contributing to its growth and innovation.

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Berry Global Group, Inc.

NYSE:BERY

BERY Rankings

#1018 Ranked by Market Cap
#1425 Ranked by Dividends

BERY Stock Data

7.41B
114.87M
0.22%
101.18%
3.79%
Packaging & Containers
Plastics Products, Nec
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United States of America
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