Silgan Holdings Inc - SLGN STOCK NEWS

Silgan Holdings Inc. (NYSE:SLGN) announced a $0.18 per share quarterly cash dividend, reflecting a 12.5% increase from last year. The dividend is payable on March 31, 2023, to shareholders of record on March 17, 2023. This marks the 19th consecutive annual dividend increase since the program's inception in 2004. Silgan reported annual net sales of approximately $6.4 billion in 2022 and operates 112 manufacturing facilities globally. The company is a major supplier of sustainable packaging solutions for essential consumer goods.

Silgan Holdings Inc. (NYSE:SLGN), a leader in sustainable rigid packaging, will participate in the Barclays Industrial Select Conference on February 23, 2023, starting at 11:30 a.m. ET, with Executive Vice President and CFO Robert Lewis speaking. The company will also attend the BofA Securities 2023 Global Agriculture and Materials Conference on March 1, 2023, at 3:50 p.m. ET, featuring President and CEO Adam Greenlee along with Robert Lewis. Both events will be available via live webcast and for 30 days on Silgan's website. Silgan reported annual net sales of approximately $6.4 billion in 2022 and operates 112 manufacturing facilities worldwide.

Silgan Holdings reported record net sales of $6.41 billion for 2022, a 12.9% increase from 2021. The company's net income was $340.8 million, equating to $3.07 per diluted share. Adjusted EPS reached a record $3.98, a 17% rise year-over-year. Cash from operations stood at $748.4 million, with free cash flow of $368.2 million. The Dispensing and Specialty Closures segment saw sales grow to $2.32 billion, while Metal Containers segment sales reached $3.37 billion. The company forecasts adjusted net income per diluted share of $3.95 to $4.15 for 2023, amid expectations for organic volume growth across all segments.

Silgan Holdings Inc. (NYSE:SLGN) will announce its fourth quarter and full year 2022 earnings results on January 24, 2023, after U.S. markets close. A conference call to discuss these results is scheduled for January 25, 2023, at 11:00 A.M. Eastern Time. Silgan, a leader in sustainable rigid packaging, reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities worldwide. The conference call can be accessed via phone or through a live webcast on their website, with a rebroadcast available until February 7, 2023.

Silgan Holdings Inc. (NYSE:SLGN) entered into a new amended and restated stockholders agreement with co-founders D. Greg Horrigan and R. Philip Silver. This agreement removes their contractual right to nominate all Directors while retaining the right to nominate one Director as long as they own at least 5% of the company's Common Stock. A new Nominating Committee comprised of independent Directors has been established to assist in identifying qualified Board nominees. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities globally.

Silgan Holdings Inc. (NYSE:SLGN), a leader in sustainable rigid packaging, will participate in the Baird 2022 Global Industrial Conference on November 9, 2022. Key executives, including President and CEO Adam Greenlee and Senior VP Kimberly Ulmer, will present starting at 8:30 a.m. central time. The event will be webcast live and available for later viewing on Silgan’s website. The company reported approximately $5.7 billion in annual net sales for 2021 and operates 112 manufacturing facilities across the Americas, Europe, and Asia.

Silgan Holdings Inc. (NYSE:SLGN) has expanded its Board of Directors from eight to nine members, electing Niharika Taskar Ramdev as a Class II Director. Ms. Ramdev brings over two decades of financial experience, including roles at General Motors Company as Chief Financial Officer for both the Global Cadillac division and General Motors International. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities globally, providing sustainable rigid packaging solutions for various consumer goods.

Silgan Holdings Inc. (NYSE:SLGN) has announced the retirement of co-founder R. Philip Silver as Director, effective after today's Board meeting. Silver, who has been with the company since its inception 35 years ago, was recognized for his significant contribution to shareholder value creation. In a related move, Adam J. Greenlee, the current President and CEO, has been elected to the Board of Directors, serving until the 2025 annual stockholders' meeting. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities globally.

Silgan Holdings Inc. (NYSE:SLGN) has declared a quarterly cash dividend of $0.16 per share, payable on December 15, 2022, to stockholders of record as of December 1, 2022. This announcement marks the 75th consecutive quarter of increased dividends since 2004. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 112 manufacturing facilities worldwide, specializing in sustainable rigid packaging solutions for consumer goods.