Welcome to our dedicated page for Sealed Air Cp news (Ticker: SEE), a resource for investors and traders seeking the latest updates and insights on Sealed Air Cp stock.
Sealed Air Corporation (NYSE: SEE) delivers innovative packaging solutions that protect goods, preserve food freshness, and advance sustainability across global supply chains. This news hub provides investors and industry stakeholders with verified updates on the company’s financial performance, product innovations, and environmental initiatives.
Access real-time announcements including quarterly earnings reports, strategic partnerships, and advancements in automated packaging systems. Explore coverage of SEE’s sustainable material developments under its Food Care and Product Care segments, featuring brands like Cryovac® and Bubble Wrap®.
Key updates include progress toward circular economy goals, new packaging technologies for e-commerce, and operational efficiency milestones. Content is curated to help users track market positioning, regulatory compliance efforts, and R&D investments without promotional bias.
Bookmark this page for streamlined access to SEC filings, leadership statements, and analysis of SEE’s role in shaping packaging industry standards. Check regularly for developments in material science and supply chain optimization strategies.
Sealed Air Corporation (NYSE:SEE) has announced the results of its cash tender offer for its 4.875% senior notes due 2022. The early tender period ended on September 28, 2021, with $339.26 million, or 79.83%, of the notes validly tendered. Settlement for accepted notes is expected on September 30, 2021. The company received sufficient consents for amendments to eliminate certain covenants in the indenture, effective concurrently with the settlement. The final period for the tender offer will end on October 13, 2021, unless extended.
Sealed Air Corporation (NYSE: SEE) has announced the pricing of its upsized offering of 1.573% senior secured notes, increasing the aggregate principal from $425 million to $600 million. These notes will be guaranteed by the company's subsidiaries and secured by liens on personal property. The proceeds will be used to repurchase the 4.875% senior notes due in 2022, with approximately $595 million expected after costs. The offering is set to close on September 29, 2021, subject to conditions. The notes are offered to qualified institutional buyers under SEC regulations.
Sealed Air Corporation (NYSE: SEE) announced the commencement of an offering of senior secured notes due 2026, guaranteed by its wholly owned domestic subsidiaries. The proceeds will be used to repurchase existing 4.875% senior notes due 2022 and cover related costs. The offering is only available to qualified institutional buyers and non-U.S. persons. Sealed Air aims to enhance its corporate financial structure while furthering its commitment to sustainability, with initiatives aiming for recyclable packaging materials by 2025 and net-zero carbon emissions by 2040.
Sealed Air Corporation (NYSE: SEE) has initiated a cash tender offer for all its outstanding 4.875% Senior Notes due December 1, 2022, totaling
Sealed Air Corporation (NYSE: SEE) will participate in the Morgan Stanley Virtual 9th Annual Laguna Conference on September 13, 2021, at 1:30 p.m. ET. The executive team, including President and CEO Ted Doheny and SVP and CFO Chris Stephens, will outline the Company's SEE Operating Model and growth strategy, emphasizing automation, digital innovation, and sustainability. Sealed Air aims to lead in packaging solutions and has set ambitious sustainability goals, including a pledge for 100% recyclable or reusable packaging by 2025 and a net-zero carbon emissions target by 2040.
SEE (NYSE: SEE) reported a strong Q2 2021, with net sales rising 15% to $1.3 billion driven by a 9% increase in volume. Adjusted EBITDA edged up 1% to $263 million, though it faced inflationary pressures and supply chain challenges. The company raised its 2021 sales and EPS outlook, expecting net sales of $5.4 to $5.5 billion. The dividend was increased by 25%, and a new $1 billion share repurchase program was announced, replacing the previous one. SEE's commitment to automation and sustainability continues to be paramount.
Sealed Air Corporation (SEE) announced the conclusion of an SEC investigation without any enforcement action against the company. This follows settled orders against the former CFO and Ernst & Young LLP regarding their conduct during the audit selection process for the fiscal year 2015. Sealed Air had terminated its former CFO in June 2019 and Ernst & Young in August 2019. The company aims to enhance its sustainability efforts, committing to make all packaging recyclable or reusable by 2025 and achieving net-zero carbon emissions by 2040.
SEE (NYSE: SEE) announced a price increase of 5% to 10% across all products, effective September 15, 2021. This action is in direct response to rising input costs and ongoing inflation. CEO Ted Doheny emphasized the company's commitment to delivering automated and sustainable solutions to enhance productivity. Sealed Air aims for 100% of its packaging to be recyclable or reusable by 2025 and targets net-zero carbon emissions by 2040. In 2020, the company generated $4.9 billion in sales and employs approximately 16,500 people worldwide.
Sealed Air Corporation (NYSE: SEE) has declared a quarterly cash dividend of $0.20 per common share, payable on September 17, 2021 to stockholders of record on September 3, 2021. The company emphasizes its commitment to sustainability, pledging to make all packaging materials recyclable or reusable by 2025 and aiming for net-zero carbon emissions by 2040. Sealed Air generated $4.9 billion in sales in 2020 and employs about 16,500 individuals globally, serving customers in 117 countries.
Sealed Air Corporation (NYSE: SEE) will release its second quarter 2021 results on August 3, 2021, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. The call will feature President and CEO Ted Doheny and CFO Chris Stephens, available via webcast on the company's investor page. Sealed Air, known for brands like CRYOVAC® and BUBBLE WRAP®, aims to create a sustainable future through its packaging solutions, with commitments to 100% recyclable or reusable packaging by 2025 and net-zero carbon emissions by 2040.
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