SEE Declares Quarterly Cash Dividend

Rhea-AI Summary

SEE (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on March 25, 2022 to shareholders of record as of March 11, 2022. This reflects the company's ongoing commitment to return value to its shareholders. SEE generated $5.5 billion in sales in 2021 and operates with approximately 16,500 employees across 114 countries, focusing on sustainable packaging solutions that address critical challenges in the food supply chain and e-commerce.

Positive

• Quarterly cash dividend of $0.20 reflects commitment to shareholder value.
• Generated $5.5 billion in sales in 2021, indicating strong revenue performance.
• Approximately 16,500 employees supporting a global presence in 114 countries.

Negative

• None.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- SEE (NYSE: SEE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on March 25, 2022 to stockholders of record at the close of business on March 11, 2022.

About SEE
Sealed Air (NYSE: SEE) is in business to protect, to solve critical packaging challenges, and to make our world better than we find it. Our automated packaging solutions systems help promote a safer, more resilient and less wasteful global food supply chain, enable e-commerce, and protect goods transported worldwide.

Our globally recognized brands include CRYOVAC^® brand food packaging, SEALED AIR^® brand protective packaging, AUTOBAG^® brand automated systems, BUBBLE WRAP^® brand packaging, and SEE™ Touchless Automation™ solutions.

SEE’s Operating Model, together with our industry-leading expertise in materials, engineering and technology, create value through more sustainable, automated, and digitally connected packaging solutions.

We are leading the packaging industry in creating a more environmentally, socially, and economically sustainable future and have pledged to design or advance 100% of our packaging materials to be recyclable or reusable by 2025, with a bolder goal to reach net-zero carbon emissions in our global operations by 2040. Our Global Impact Report highlights how we are shaping the future of the packaging industry. We are also committed to a diverse workforce and inclusive culture through our 2025 Diversity, Equity and Inclusion pledge.

SEE generated $5.5 billion in sales in 2021 and has approximately 16,500 employees who serve customers in 114 countries/territories. To learn more, visit sealedair.com.

Website Information
We routinely post important information for investors on our website, sealedair.com, in the Investors section. We use this website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220225005479/en/

Investor Relations

Lori Chaitman

lori.chaitman@sealedair.com

516.458.4455

Media

Christina Griffin

Christina.griffin@sealedair.com

704.430.5742

Source: Sealed Air Corporation

FAQ

What is the dividend amount declared by SEE?

SEE has declared a quarterly cash dividend of $0.20 per common share.

When will the dividend be paid?

The dividend is payable on March 25, 2022.

What is the record date for SEE's dividend?

The record date for the dividend is March 11, 2022.

How much did SEE generate in sales for 2021?

SEE generated $5.5 billion in sales in 2021.

How many employees does SEE have?

SEE has approximately 16,500 employees worldwide.