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Ball Corporation's (NYSE: BLL) board of directors has declared a 15 cents per share cash dividend, payable on Sept. 15, 2020, to shareholders of record as of Sept. 1, 2020. The company reported $11.5 billion in net sales for 2019 and employs over 18,300 people globally. Ball will announce its second quarter 2020 earnings on August 6, 2020. Conference call details for the earnings release are provided for interested investors. This declaration reflects the company’s ongoing commitment to returning value to shareholders.
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Ball Corporation (NYSE: BLL) announced the execution of two virtual power purchase agreements (VPPAs) in Europe, totaling 93.4 megawatts of wind energy. This initiative will cover approximately 63% of the electricity load for its aluminum beverage packaging plants, aiming for 100% renewable energy by addressing Scope 2 greenhouse gas emissions, potentially reducing emissions by 60% compared to 2019. The projects in Spain and Sweden will generate around 308,000 megawatt hours annually, equating to the electricity needs of about 10 plants.
On July 21, 2020, Ball Aerospace was awarded a contract by the Defense Innovation Unit (DIU) to create a prototype multi-band satellite communications antenna for the U.S. Navy's DDG 1000 Zumwalt-class destroyers. This initiative leverages Ball's expertise in electronically steerable phased array antenna technologies to enhance Navy capabilities. The project is part of the DIU's Multi-Domain Tactical Communications program, with Ball's decades of military experience aiding its development. The company aims to provide innovative solutions for mission-critical communications.
Ball Aerosol Packaging has partnered with Reabrook Ltd and the Lindal Group to produce 25,000 cans of Rainbow hand sanitizer. This initiative aims to aid local communities during the COVID-19 pandemic. The product underwent 12 weeks of stability testing to ensure its effectiveness against enveloped viruses. The hand sanitizer will use Ball's aluminum aerosol cans and is set for community distribution. This collaboration underscores Ball's commitment to community support and sustainability, utilizing eco-friendly materials and production processes.
Ball Corporation (NYSE: BLL) is set to announce its second quarter 2020 earnings on August 6, 2020, before market trading begins. A conference call will follow at 9 a.m. MT to discuss results and performance. Interested parties can access the live call or a replay through designated phone numbers or via webcast. The company, which reported 2019 sales of $11.5 billion, provides sustainable aluminum packaging solutions and services for various sectors. The press release includes a caution regarding forward-looking statements and associated risks.
Ball Corporation (NYSE: BLL) announced a partnership with Blue Ocean Innovative Solutions to promote the Ball Aluminum Cup at Walmart and Sam's Club stores across the U.S. The aluminum cup, launched in September 2019, is designed as a sustainable alternative to plastic, boasting a global recycling rate of 69%. With growing consumer demand for eco-friendly products, this partnership aims to enhance accessibility to the innovative cup, which is lightweight, sturdy, and infinitely recyclable. The company reported $11.5 billion in net sales for 2019, indicating strong market presence.