Ball Board Declares Quarterly Dividend; Stock Ticker Symbol Changing to BALL
Ball Corporation's board has declared a cash dividend of 20 cents per share, payable on June 15, 2022, to shareholders of record as of June 1, 2022. In a notable change, the company will also change its ticker symbol from BLL to BALL, effective May 10, 2022, marking its 50th anniversary as a public company. The first quarter 2022 earnings will be announced on May 5, 2022, with a conference call scheduled for the same day.
- Declaration of a $0.20 cash dividend per share.
- Changing ticker symbol to BALL enhances brand recognition.
- None.
WESTMINSTER, Colo., April 27, 2022 /PRNewswire/ -- Ball Corporation's (NYSE: BLL) board of directors today declared a cash dividend of 20 cents per share, payable June 15, 2022, to shareholders of record as of June 1, 2022. In addition, the company today announced that it is changing its ticker symbol to BALL, effective at the start of trading on Tuesday, May 10, 2022.
Since the company's initial public offering in 1972, Ball stock has traded under the ticker symbol BLL—four letter ticker symbols were previously unavailable. To celebrate our 50th anniversary as a public company and to ensure the BALL ticker represents our 142-year old company, we are excited to change our ticker effective May 10. The transition will be seamless and coordinated through the New York Stock Exchange and the company's shareholder recordkeeper and transfer agent, Computershare.
Ball will announce its first quarter 2022 earnings on Thursday, May 5, 2022. Conference call details are below.
Conference Call Details
Ball Corporation will announce its first quarter 2022 earnings on Thursday, May 5, 2022, before trading begins on the New York Stock Exchange. At 9 a.m. Mountain time on that day (11 a.m. Eastern time), Ball will hold its regular quarterly conference call on the company's results and performance. The North American toll-free number for the call is 800-897-4035. International callers should dial +1 212-231-2908. Please use the following URL for a webcast of the live call:
https://edge.media-server.com/mmc/p/6i49rc3v
For those unable to listen to the live call, a taped replay will be available from 11 a.m. Mountain time on May 5, 2022, until 11 a.m. Mountain time on May 12, 2022. To access the replay, call 800-633-8284 (North American callers) or +1 402-977-9140 (international callers) and use reservation number 22016586. 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 for customers, as well as aerospace and other technologies and services primarily for the U.S. government. Ball Corporation and its subsidiaries employ 24,300 people worldwide and reported 2021 net sales of
Forward-Looking Statements
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. The Company 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 our Form 10-K, which are available on our website and at www.sec.gov. Additional factors that might affect: a) our 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; 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 our supply chain and our ability to operate in Russia and the EMEA region generally; changes in foreign exchange or tax rates; and tariffs, trade actions, or other governmental actions, including business restrictions and shelter-in-place orders in any country or jurisdiction affecting goods produced by us or in our supply chain, including imported raw materials; b) our aerospace segment include funding, authorization, availability and returns of government and commercial contracts; and delays, extensions and technical uncertainties affecting segment contracts; c) the Company 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, ESG reporting, competition, environmental, health and workplace safety, including U.S. FDA and other actions or public concerns affecting products filled in our 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 the Company'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 our debt; and successful or unsuccessful joint ventures, acquisitions and divestitures, and their effects on our operating results and business generally.
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SOURCE Ball Corporation
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