Silgan Holdings Inc Stock Price, News & Analysis

Silgan Holdings Inc. (NASDAQ: SLGN), a provider of sustainable rigid packaging solutions, will release its Q2 2022 earnings results on July 27, 2022, before U.S. markets open. A conference call to discuss these results is scheduled for 11:00 A.M. ET the same day. Silgan reported annual sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across North and South America, Europe, and Asia, specializing in closures and metal containers for various consumer goods.

Silgan Holdings Inc. (NASDAQ:SLGN) has declared a quarterly cash dividend of $0.16 per share, payable on June 15, 2022 to stockholders of record as of June 1, 2022. This marks the company's commitment to returning value to shareholders, having increased its dividend for seventy-three consecutive quarters since 2004. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across North and South America, Europe, and Asia, solidifying its position as a leader in sustainable rigid packaging solutions.

Silgan Holdings reported record earnings per diluted share (EPS) of $0.76 for Q1 2022, a 15% increase from Q1 2021, with adjusted EPS reaching $0.78. Total revenue rose to $1.44 billion, up 16.5% from the previous year. The company raised its 2022 adjusted EPS guidance to a range of $3.90 to $4.05, anticipating growth from recent acquisitions and improved operational performance despite inflationary pressures. The cash dividend was increased by 14.3%, reflecting strong financial health. Key segments showed growth, particularly in Dispensing and Specialty Closures.

Silgan Holdings Inc. (NASDAQ:SLGN) will report its Q1 2022 earnings on April 27, 2022, before U.S. markets open. A conference call will be held at 11:00 A.M. ET to discuss the company's performance. Silgan, a supplier of sustainable rigid packaging solutions, achieved annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities across the Americas, Europe, and Asia. The company specializes in closures and containers for various consumer goods.

Silgan Holdings Inc. (NASDAQ:SLGN) has authorized a stock buyback program of up to $300 million through December 31, 2026. This replaces a previous authorization that expired in 2021, indicating the company's ongoing commitment to shareholder value. CEO Adam Greenlee emphasized a disciplined capital deployment strategy, focusing on growth investments. Silgan reported annual net sales of approximately $5.7 billion in 2021 and operates 113 manufacturing facilities globally.

Silgan Holdings Inc. (NASDAQ:SLGN) announced the redemption of all $300 million of its outstanding 4¾% Senior Notes due 2025 on March 28, 2022. The redemption will occur at 100% of principal plus accrued interest. This will be funded through revolving loan borrowings and cash on hand. Silgan is a major player in sustainable rigid packaging solutions, reporting annual net sales of approximately $5.7 billion in 2021, with operations across North and South America, Europe, and Asia.

Silgan Holdings Inc. (NASDAQ:SLGN), a leader in sustainable rigid packaging, has declared a $0.16 per share quarterly cash dividend, payable on March 31, 2022. This marks a 14.3% increase from last year and continues a trend of annual dividend increases since 2004. With approximately $5.7 billion in net sales in 2021, Silgan operates 113 manufacturing facilities across North and South America, Europe, and Asia, serving various sectors including food, beverage, and personal care.

Silgan Holdings Inc. (Nasdaq:SLGN) announces the appointment of Anthony J. Allott as Non-Executive Chairman of the Board, effective April 1, 2022. This transition follows a long-term succession planning strategy successfully implemented over the past several years. Allott has over 20 years of leadership experience at Silgan and nearly 30 years in the packaging industry. The company reported approximately $5.7 billion in annual net sales for 2021, operating 113 facilities across North and South America, Europe, and Asia, specializing in sustainable rigid packaging solutions.

Silgan Holdings Inc. (SLGN) reported 2021 net income of $359.1 million, or $3.23 per diluted share, a 17% increase from 2020. Adjusted EPS rose 11% to $3.40, with expectations for another 15% increase in 2022. Free cash flow hit a record $466.1 million, driven by strong operational performance and strategic acquisitions. Net sales grew 15.3% to $5.68 billion, with significant contributions from the Dispensing and Specialty Closures and Metal Container segments. The company is focused on integrating recent acquisitions while navigating supply chain challenges and anticipating higher costs in 2022.