Welcome to our dedicated page for Berry Global Group news (Ticker: $BERY), a resource for investors and traders seeking the latest updates and insights on Berry Global Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Berry Global Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Berry Global Group's position in the market.
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Berry Global Group, Inc. (NYSE: BERY) has announced a quarterly cash dividend of $0.275 per share. The payment date is set for June 17, 2024, for stockholders of record as of June 3, 2024.
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NewHold Enterprises announces the sale of F&S Tool, a leading North American designer and manufacturer of precision injection molding tools, to Berry Global Group, Inc. The sale was completed on April 05, 2024. F&S Tool operates a 90,000 square foot facility in Erie, Pennsylvania, with 11 issued/pending patents and 105 employees. The acquisition is seen as a strategic move to enhance Berry's global tooling capability.
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Berry Global Group, Inc. (NYSE: BERY) and Glatfelter (NYSE: GLT) have achieved a regulatory milestone in their proposed transaction involving the combination of Berry's Health, Hygiene and Specialties segment with Glatfelter's Global Nonwovens and Films business. The transaction, expected to close in the second half of 2024, will create a leading, publicly-traded company in the specialty materials industry.
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Berry Global Group, Inc. (BERY) will release its Q2 2024 results on May 9, 2024, before NYSE trading begins. The quarterly conference call will be held at 10 a.m. Eastern Time, accessible via webcast or telephone registration. A replay will be available on the company's website.
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Berry Global Group, Inc. (BERY) released its 2023 Sustainability Report, showcasing achievements like 86% recyclable packaging, 65% renewable energy use increase, and early meeting of GHG emissions targets. The report emphasizes collaboration for sustainable packaging, innovation, and social impact goals.
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Berry Global opens Circular Innovation and Training Center in Tulsa, Oklahoma to develop sustainable packaging solutions and provide hands-on training. The center aims to foster innovation, education, and sustainability in the flexible packaging market.
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Berry Global Group, Inc. reported first-quarter net sales of $2.9 billion, operating income of $157 million, and earnings per share of $0.50. The company reaffirmed adjusted EPS guidance for fiscal 2024 at $7.35 - $7.85 and free cash flow of $800 - $900 million. Additionally, Berry announced plans for a tax-free spin-off and merger of its HH&S segment with Glatfelter, creating a global specialty materials leader in a transaction expected to be valued at $3.6 billion.
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Berry Global Group, Inc. (BERY) and Glatfelter Corporation (GLT) have entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment with Glatfelter, creating a leading, publicly-traded company in the specialty materials industry. The transaction values the combined company at $3.6 billion, with pro forma revenue of ~$3.6 billion and Adj. EBITDA of ~$455 million. Berry and Glatfelter shareholders will own 90% and 10% of the combined company, respectively. The deal is expected to enhance earnings power with expected cost synergies of at least $50 million by year three, and is a tax-efficient Reverse Morris Trust transaction. This strategic repositioning accelerates Berry's transition to a pure-play provider of global packaging solutions and improves Glatfelter’s leverage profile.
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Berry Global Group, Inc. (BERY) has declared a quarterly cash dividend of $0.275 per share, with a payment date of March 15, 2024, for stockholders of record as of March 1, 2024.
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Berry Global Group, Inc. (NYSE: BERY) announced the commencement of an offer to exchange up to $500,000,000 of the Issuer’s new 5.50% First Priority Senior Secured Notes due 2028 for an equal amount of the Issuer’s outstanding unregistered 5.50% First Priority Senior Secured Notes due 2028. The exchange offer is limited to holders of the Outstanding Notes and is scheduled to expire at 5:00 p.m. Eastern Time on February 27, 2024. The Exchange Notes are identical to the Outstanding Notes, except for certain differences related to registration and transfer restrictions.
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Berry Global Group, Inc.
NYSE:BERY
BERY Rankings
BERY Stock Data
7.07B
115.41M
0.31%
97.31%
3.6%
Metal Can Manufacturing
Manufacturing
United States of America
EVANSVILLE
About BERY
berry plastics (nyse: bery) is a leading global manufacturer of plastic packaging products and protection materials serving multiple markets including food, beverage, personal care, household chemical, healthcare and industrial. berry plastics serves more than 15,000 customers, including some of the world’s largest cpg manufacturers and strategically expanding internationally to serve the needs of the rapidly growing global markets. with a history of acquisitions, berry plastics has grown to account for 119 global manufacturing locations in 17 countries and employs over 21,000 individuals.