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Silgan Holdings Inc - SLGN STOCK NEWS

Welcome to our dedicated page for Silgan Holdings news (Ticker: SLGN), a resource for investors and traders seeking the latest updates and insights on Silgan Holdings stock.

Silgan Holdings Inc. (symbol: SLGN) is a leading global provider of sustainable packaging solutions, partnering with some of the world's best-known consumer products companies. Silgan specializes in delivering efficient, sustainable, and cost-effective packaging formats for essential consumer goods.

Founded in 1987, Silgan Holdings manufactures approximately half of the metal food containers in North America. Major clients include industry giants such as Campbell Soup, Nestle, and Del Monte. Beyond metal food containers, Silgan's diverse product portfolio includes plastic dispensers and containers for personal care and healthcare products, as well as a closures business producing metal and plastic lids and caps.

With a commitment to sustainability, Silgan continuously innovates to create packaging solutions that meet modern environmental standards. Recent achievements include the development of eco-friendly packaging alternatives and strategic partnerships aimed at improving recycling processes.

Currently, Silgan is engaged in several forward-looking projects, such as expanding its global footprint and enhancing product offerings to meet the evolving needs of the consumer goods market. Financially, Silgan maintains a robust balance sheet, reflecting its strong market position and steady revenue streams.

Silgan Holdings Inc. remains at the forefront of the packaging industry, ensuring that consumer products are delivered in reliable and sustainable packaging formats across the globe.

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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.

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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.

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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.

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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.

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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.

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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.

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Silgan Holdings (NYSE:SLGN) reported a record third quarter with net sales of $1.97 billion, a 19.3% increase from last year. Net income surged to $138.7 million, or $1.25 per diluted share, with adjusted EPS rising by 25% to $1.27. Year-to-date, adjusted EPS stands at $3.14, up 20% year-over-year. The company anticipates a full-year adjusted EPS range of $3.90 to $4.00, marking a 16% increase over 2021's record figures. Strong performance in Dispensing and Specialty Closures and Metal Containers contributed to these results.

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Silgan Holdings Inc. (NYSE:SLGN) will announce its Q3 2022 earnings results on October 26, 2022, before U.S. markets open. A conference call is scheduled for 11:00 A.M. ET to discuss the performance, accessible via toll-free and international lines. In 2021, Silgan generated $5.7 billion in net sales and operates 113 manufacturing facilities globally. The company is a prominent supplier of sustainable rigid packaging for various sectors, including food, beverage, and personal care.

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Silgan Holdings Inc. (NYSE:SLGN), a prominent supplier of sustainable rigid packaging solutions, is set to participate in the Jefferies Industrials Conference on August 9, 2022. The company's President and CEO, Adam Greenlee, along with Executive Vice President and CFO, Robert Lewis, will present, starting at 11:30 a.m. ET. Investors can access the live webcast on Silgan's website. In 2021, Silgan achieved annual net sales of approximately $5.7 billion and operates 113 manufacturing facilities across North America, South America, Europe, and Asia.

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Silgan Holdings Inc. (NYSE:SLGN) declared a quarterly cash dividend of $0.16 per share, payable on September 15, 2022, to shareholders of record as of September 1, 2022. This marks the company's 74th consecutive quarterly dividend since 2004. Silgan, a leading supplier of sustainable rigid packaging solutions with annual net sales of approximately $5.7 billion in 2021, operates 113 manufacturing facilities globally. The company specializes in dispensing closures and metal containers for various consumer products.

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FAQ

What is the current stock price of Silgan Holdings (SLGN)?

The current stock price of Silgan Holdings (SLGN) is $52.18 as of December 20, 2024.

What is the market cap of Silgan Holdings (SLGN)?

The market cap of Silgan Holdings (SLGN) is approximately 5.5B.

What does Silgan Holdings Inc. do?

Silgan Holdings Inc. provides sustainable packaging solutions for consumer goods, including metal food containers, plastic dispensers, and closures.

Who are Silgan Holdings Inc.'s major clients?

Major clients of Silgan Holdings Inc. include Campbell Soup, Nestle, and Del Monte.

What types of products does Silgan Holdings Inc. manufacture?

Silgan manufactures metal food containers, plastic dispensers and containers, and metal and plastic lids and caps.

What is Silgan Holdings Inc.'s approach to sustainability?

Silgan is committed to sustainability through innovative eco-friendly packaging solutions and improving recycling processes.

When was Silgan Holdings Inc. founded?

Silgan Holdings Inc. was founded in 1987.

Where does Silgan Holdings Inc. operate?

Silgan operates globally, with a significant presence in North America.

How financially stable is Silgan Holdings Inc.?

Silgan maintains a robust balance sheet with steady revenue streams, reflecting its strong market position.

What are Silgan Holdings Inc.'s recent achievements?

Recent achievements include developing eco-friendly packaging and forming strategic partnerships to enhance recycling.

What current projects is Silgan Holdings Inc. involved in?

Silgan is expanding its global footprint and enhancing its product offerings to meet market demands.

What industries does Silgan Holdings Inc. serve?

Silgan serves the consumer goods industry, including food, personal care, and healthcare sectors.

Silgan Holdings Inc

NYSE:SLGN

SLGN Rankings

SLGN Stock Data

5.54B
60.02M
43.76%
72.14%
1.93%
Packaging & Containers
Metal Cans
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United States of America
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