Welcome to our dedicated page for Ball news (Ticker: BALL), a resource for investors and traders seeking the latest updates and insights on Ball stock.
Ball Corporation reports recurring developments tied to its global aluminum packaging business for beverages, personal care and home care products. Company updates commonly cover U.S. GAAP and comparable earnings, aluminum packaging shipment trends, segment performance, free cash flow, and the effect of demand across North America, Europe and South America.
Ball news also includes board-declared dividends, share repurchases, financing activity and credit facilities, investor conference presentations, and governance or leadership changes. Recent company materials also reflect its focus on sustainable aluminum packaging and its completed acquisition of a majority stake in European beverage can manufacturer Benepack.
Ball Corporation (NYSE: BLL) reported strong Q1 2022 results with U.S. GAAP earnings per diluted share at $1.37, significantly up from 60 cents in 2021. Comparable earnings rose 7% to 77 cents, driven by a 10% increase in beverage can shipments. Aerospace backlog reached $3.2 billion, up 28% from year-end 2021. The company plans to return up to $1.75 billion to shareholders and invest $1.8 billion in capital expenditures. Notably, Ball announced the exit from Russia amidst ongoing humanitarian efforts in Ukraine.
Ball Corporation and Sodexo Live! have expanded their partnership to enhance sustainability in sports and entertainment by introducing millions of infinitely recyclable Ball Aluminum Cups™ in the U.S. and Canada. This initiative aims to promote recycling and sustainable practices among fans at major venues. With 90% recycled content, these cups are recognized for their innovative design. The partnership complements Sodexo's Better Tomorrow 2025 goals for responsible practices. Ball's commitment to sustainability is further emphasized as they engage fans in a circular economy approach.
Ball Corporation's board has declared a cash dividend of 20 cents per share, payable on June 15, 2022, to shareholders of record as of June 1, 2022. In a notable change, the company will also change its ticker symbol from BLL to BALL, effective May 10, 2022, marking its 50th anniversary as a public company. The first quarter 2022 earnings will be announced on May 5, 2022, with a conference call scheduled for the same day.