Silgan Holdings Inc - SLGN STOCK NEWS

Silgan Holdings reported record second-quarter revenue of $1.54 billion, a 14.5% increase year-on-year, with adjusted EPS soaring to $1.08, up 27% from the prior year. Net income stood at $92.7 million or $0.83 per diluted share. Strong performance was evident across all business segments, particularly in Dispensing and Specialty Closures and Metal Containers. The company maintained its full-year adjusted EPS guidance at $3.90 to $4.05, reflecting a 17% increase at the midpoint. Notably, Silgan announced a transfer of its stock listing to the NYSE, effective August 1, 2022.

Silgan Holdings Inc. (Nasdaq:SLGN) announced its transfer from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE), effective August 1, 2022. This strategic move aligns Silgan with many leading companies on the NYSE, which hosts about 70% of the S&P 500. Silgan is celebrating its 25th anniversary since its initial public offering and aims to leverage the NYSE's advanced technology and human oversight. The company reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities globally.

Silgan Holdings Inc. (NASDAQ:SLGN) has settled a protracted investigation by the European Commission concerning its metal packaging operations in Europe. The investigation, initiated in 2015 and transferred in 2018, concluded with Silgan agreeing to a €23,852,000 fine. Despite the settlement, Silgan disputes the allegations, stating no evidence of price fixing or collusion was found. The company anticipates recording this charge in Q2 2022, while it remains committed to its compliance standards. Silgan reported annual net sales of approximately $5.7 billion in 2021.

Silgan Holdings Inc. (NASDAQ: SLGN), a provider of sustainable rigid packaging solutions, will release its Q2 2022 earnings results on July 27, 2022, before U.S. markets open. A conference call to discuss these results is scheduled for 11:00 A.M. ET the same day. Silgan reported annual sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across North and South America, Europe, and Asia, specializing in closures and metal containers for various consumer goods.

Silgan Holdings Inc. (NASDAQ:SLGN) has declared a quarterly cash dividend of $0.16 per share, payable on June 15, 2022 to stockholders of record as of June 1, 2022. This marks the company's commitment to returning value to shareholders, having increased its dividend for seventy-three consecutive quarters since 2004. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across North and South America, Europe, and Asia, solidifying its position as a leader in sustainable rigid packaging solutions.

Silgan Holdings reported record earnings per diluted share (EPS) of $0.76 for Q1 2022, a 15% increase from Q1 2021, with adjusted EPS reaching $0.78. Total revenue rose to $1.44 billion, up 16.5% from the previous year. The company raised its 2022 adjusted EPS guidance to a range of $3.90 to $4.05, anticipating growth from recent acquisitions and improved operational performance despite inflationary pressures. The cash dividend was increased by 14.3%, reflecting strong financial health. Key segments showed growth, particularly in Dispensing and Specialty Closures.

Silgan Holdings Inc. (NASDAQ:SLGN) will report its Q1 2022 earnings on April 27, 2022, before U.S. markets open. A conference call will be held at 11:00 A.M. ET to discuss the company's performance. Silgan, a supplier of sustainable rigid packaging solutions, achieved annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across the Americas, Europe, and Asia. The company specializes in closures and containers for various consumer goods.

Silgan Holdings Inc. (NASDAQ:SLGN) has authorized a stock buyback program of up to $300 million through December 31, 2026. This replaces a previous authorization that expired in 2021, indicating the company's ongoing commitment to shareholder value. CEO Adam Greenlee emphasized a disciplined capital deployment strategy, focusing on growth investments. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities globally.

Silgan Holdings Inc. (NASDAQ:SLGN) announced the redemption of all $300 million of its outstanding 4¾% Senior Notes due 2025 on March 28, 2022. The redemption will occur at 100% of principal plus accrued interest. This will be funded through revolving loan borrowings and cash on hand. Silgan is a major player in sustainable rigid packaging solutions, reporting annual net sales of approximately $5.7 billion in 2021, with operations across North and South America, Europe, and Asia.