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Silgan Holdings Inc. - SLGN STOCK NEWS

Welcome to our dedicated news page for Silgan Holdings (Ticker: SLGN), a resource for investors and traders seeking the latest updates and insights on Silgan Holdings.

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 Silgan Holdings'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 Silgan Holdings's position in the market.

Rhea-AI Summary
Silgan Holdings Inc. (NYSE: SLGN) will release its first quarter 2024 earnings results on May 1, 2024. The company operates 107 manufacturing facilities globally and had annual net sales of approximately $6.0 billion in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.46%
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Rhea-AI Summary
Silgan Holdings Inc. (SLGN) announced a 5.6% increase in its quarterly cash dividend to $0.19 per share, reflecting strong financial performance. The company has raised dividends for twenty consecutive years since 2004. Silgan is a prominent supplier of sustainable rigid packaging solutions, with annual net sales of around $6.0 billion in 2023, operating 107 manufacturing facilities globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
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dividends
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Rhea-AI Summary
Silgan Holdings Inc. reported full year 2023 net sales of $6.0 billion and net income of $326.0 million. The company announced a $50 million cost reduction program, record annual adjusted EBIT in Metal Containers, and returned over $250 million to shareholders through share repurchases and dividends. The net sales decreased by 7% compared to 2022, and the net income declined by 4% compared to the prior year. The Company anticipates adjusted net income per diluted share for 2024 to be in the range of $3.55 to $3.75, a 7% increase at the midpoint of the range over 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.27%
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Rhea-AI Summary
Silgan Holdings Inc. (NYSE: SLGN) will release its Q4 and full year 2023 earnings results on January 31, 2024. The company operates 109 manufacturing facilities globally and had annual net sales of approximately $6.4 billion in 2022.
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Rhea-AI Summary
Silgan Holdings Inc. (NYSE: SLGN) has declared a quarterly cash dividend of $0.18 per share payable on December 15, 2023. The company has been paying a quarterly cash dividend on its common stock for seventy-eight consecutive quarters since 2004. Silgan reported annual net sales of approximately $6.4 billion in 2022 and operates 110 manufacturing facilities worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.7%
Tags
dividends
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Rhea-AI Summary
Silgan Holdings Inc. reports Q3 2023 net sales of $1.80 billion and net income of $110.6 million. Expects earnings growth in 2024 independent of market recovery. Announces $50 million cost reduction program. Share repurchases of $175 million; expect to return over $250 million to shareholders in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.77%
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Rhea-AI Summary
Silgan Holdings Inc. will release its Q3 2023 earnings results on October 25, 2023. The company is a leading supplier of sustainable rigid packaging solutions for consumer goods.
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Rhea-AI Summary
Silgan Holdings Inc. to participate in Jefferies Industrials Conference on September 6, 2023
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Rhea-AI Summary
Silgan Holdings Inc. (NYSE: SLGN) Declares Quarterly Cash Dividend of $0.18 per Share, Marking 78 Consecutive Quarters of Dividend Payments. Company's Annual Net Sales Reached Approximately $6.4 Billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.52%
Tags
dividends
Rhea-AI Summary
Silgan Holdings Inc. (NYSE: SLGN) reports second quarter 2023 net sales of $1.43 billion and net income of $78.9 million, highlighting high single digit growth in high value dispensing products and double digit adjusted EBIT growth in Metal Containers. The company's near-term performance will be impacted by customers' inventory management initiatives and inflation at the retail level. Revised estimate of adjusted net income per diluted share for 2023 is $3.40 to $3.60.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.22%
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Silgan Holdings Inc.

NYSE:SLGN

SLGN Rankings

SLGN Stock Data

5.06B
80.64M
24.26%
72.52%
1.65%
Metal Can Manufacturing
Manufacturing
Link
US
Stamford

About SLGN

silgan is a leading global sustainable packaging provider for consumer goods products to many of the world's best known consumer products companies. we partner with our customers to enable them to bring their essential products to the world in the most efficient, sustainable and cost-effective packaging formats.