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.
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.
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.
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.
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.
The New York Stock Exchange (NYSE), part of Intercontinental Exchange (NYSE: ICE), announced that Silgan Holdings Inc. (NYSE: SLGN) has officially transferred its listing and commenced trading today. This transition allows Silgan to utilize NYSE's advanced market model and vast network of 2,400 leading companies, enhancing its visibility and investor relations. Adam J. Greenlee, Silgan's CEO, expressed excitement over joining NYSE, while John Tuttle, Vice Chair of NYSE Group, welcomed Silgan to its community. Since 2000, nearly 300 companies have switched to NYSE, representing over $1 trillion in market value.
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
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