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Articles from Silgan Holdings Inc.

Silgan Announces Record Fourth Quarter Results; Expects Significant Earnings and Free Cash Flow Growth in 2025
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported full year 2024 net sales of $5.9 billion and net income of $276.4 million, or $2.58 per diluted share, as compared to full year 2023 net sales of $6.0 billion and net income of $326.0 million, or $2.98 per diluted share. For the fourth quarter of 2024, Silgan reported net income of $45.1 million, or $0.42 per diluted share, as compared to $64.4 million, or $0.60 per diluted share, in the fourth quarter of 2023.
By Silgan Holdings Inc. · Via Business Wire · January 29, 2025
Silgan Elects Philippe Chevrier as Chief Operating Officer
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that Philippe Chevrier has been elected as Executive Vice President and Chief Operating Officer of the Company effective February 3, 2025.
By Silgan Holdings Inc. · Via Business Wire · January 27, 2025
Silgan to Release Fourth Quarter and Full Year 2024 Earnings Results on January 29, 2025
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its fourth quarter and full year 2024 earnings results on Wednesday, January 29, 2025, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for these periods.
By Silgan Holdings Inc. · Via Business Wire · January 13, 2025
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.19 per share quarterly cash dividend payable on December 16, 2024 to the holders of record of common stock of the Company on December 2, 2024. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for eighty-three consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · November 5, 2024
Silgan Announces Completion of Amendment to Senior Secured Credit Facility
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has completed an amendment to its existing senior secured credit facility. This amendment extends the maturity dates for its senior secured credit facility to five years for revolving loans and six years for term loans from the effective date, removes the springing maturity date provisions with respect to the Company’s senior notes and provides additional flexibility for the Company.
By Silgan Holdings Inc. · Via Business Wire · November 4, 2024
Silgan Announces Third Quarter 2024 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2024 net sales of $1.75 billion and net income of $100.1 million, or $0.93 per diluted share, as compared to third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · October 30, 2024
Silgan Completes Acquisition of Weener Packaging
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has completed its acquisition of Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies including significant clean room capabilities.
By Silgan Holdings Inc. · Via Business Wire · October 15, 2024
Silgan to Release Third Quarter 2024 Earnings Results on October 30, 2024
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its third quarter 2024 earnings results on Wednesday, October 30, 2024, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · October 11, 2024
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.19 per share quarterly cash dividend payable on September 17, 2024 to the holders of record of common stock of the Company on September 3, 2024. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for eighty-two consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · August 6, 2024
Silgan Announces Second Quarter 2024 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported second quarter 2024 net sales of $1.38 billion and net income of $76.1 million, or $0.71 per diluted share, as compared to second quarter 2023 net sales of $1.43 billion and net income of $78.9 million, or $0.71 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · July 31, 2024
Silgan Announces Agreement to Acquire Weener Packaging
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products for an enterprise value of €838 million. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies including significant clean room capabilities.
By Silgan Holdings Inc. · Via Business Wire · July 24, 2024
Silgan to Release Second Quarter 2024 Earnings Results on July 31, 2024
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its second quarter 2024 earnings results on Wednesday, July 31, 2024, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · July 12, 2024
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.19 per share quarterly cash dividend payable on June 17, 2024 to the holders of record of common stock of the Company on June 3, 2024. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for eighty-one consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · May 7, 2024
Silgan Announces First Quarter 2024 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported first quarter 2024 net sales of $1.32 billion and net income of $55.2 million, or $0.52 per diluted share, as compared to first quarter 2023 net sales of $1.42 billion and net income of $72.0 million, or $0.65 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · May 1, 2024
Silgan to Release First Quarter 2024 Earnings Results on May 1, 2024
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its first quarter 2024 earnings results on Wednesday, May 1, 2024, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · April 12, 2024
Silgan Increases Dividend for 20th Consecutive Year Since Initiation and Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.19 per share quarterly cash dividend on the Company’s common stock, payable on March 28, 2024 to the holders of record of the common stock of the Company on March 14, 2024. This represents a 5.6 percent increase from last year's quarterly cash dividend, which the Company has increased every year for twenty consecutive years since it began paying cash dividends in 2004.
By Silgan Holdings Inc. · Via Business Wire · February 27, 2024
Silgan Announces Fourth Quarter and Full Year 2023 Results; Expects Earnings and Free Cash Flow Growth in 2024
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported full year 2023 net sales of $6.0 billion and net income of $326.0 million, or $2.98 per diluted share, as compared to full year 2022 net sales of $6.4 billion and net income of $340.8 million, or $3.07 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · January 31, 2024
Silgan to Release Fourth Quarter and Full Year 2023 Earnings Results on January 31, 2024
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its fourth quarter and full year 2023 earnings results on Wednesday, January 31, 2024, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for these periods.
By Silgan Holdings Inc. · Via Business Wire · January 12, 2024
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved an $0.18 per share quarterly cash dividend payable on December 15, 2023 to the holders of record of common stock of the Company on December 1, 2023. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-eight consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · October 31, 2023
Silgan Announces Third Quarter 2023 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported third quarter 2023 net sales of $1.80 billion and net income of $110.6 million, or $1.02 per diluted share, as compared to record third quarter 2022 net sales of $1.97 billion and net income of $138.7 million, or $1.25 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · October 25, 2023
Silgan to Release Third Quarter 2023 Earnings Results on October 25, 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its third quarter 2023 earnings results on Wednesday, October 25, 2023, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · October 6, 2023
Silgan Announces Participation in Jefferies Industrials Conference
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, announced that it will participate in the Jefferies Industrials Conference on September 6, 2023. Robert Lewis, Executive Vice President, Corporate Development and Administration, and Alexander Hutter, Vice President, Investor Relations, are scheduled to speak at the conference starting at 11:00 a.m. eastern time, which will be webcast live via audio. The webcast can be accessed live and for thirty days thereafter under the Events & Presentations portion of the Investor Information section of Silgan’s website at www.silganholdings.com.
By Silgan Holdings Inc. · Via Business Wire · September 1, 2023
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved an $0.18 per share quarterly cash dividend payable on September 15, 2023 to the holders of record of common stock of the Company on September 1, 2023. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-eight consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · August 1, 2023
Silgan Announces Second Quarter 2023 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported second quarter 2023 net sales of $1.43 billion and net income of $78.9 million, or $0.71 per diluted share, as compared to second quarter 2022 net sales of $1.54 billion and net income of $92.7 million, or $0.83 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · July 26, 2023
Silgan to Release Second Quarter 2023 Earnings Results on July 26, 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, will release its second quarter 2023 earnings results on Wednesday, July 26, 2023, before the U.S. markets open. At 11:00 a.m. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · June 26, 2023
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved an $0.18 per share quarterly cash dividend payable on June 15, 2023 to the holders of record of common stock of the Company on June 1, 2023. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-seven consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · May 1, 2023
Silgan Announces First Quarter 2023 Results
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported first quarter 2023 net sales of $1.42 billion and net income of $72.0 million, or $0.65 per diluted share, as compared to first quarter 2022 net income of $84.9 million, or $0.76 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · April 26, 2023
Silgan Holdings Announces D. Greg Horrigan Will Not Seek Reelection as a Director
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, announced that D. Greg Horrigan informed the Company today of his decision to not seek reelection as a Class II Director of the Company at the Company’s 2023 annual meeting of stockholders. Mr. Horrigan co-founded the Company with R. Philip Silver 36 years ago and has served as a Director of the Company since its founding. Mr. Horrigan also served as the Company’s Co-Chairman of the Board in both an executive and non-executive capacity until March 2019.
By Silgan Holdings Inc. · Via Business Wire · April 6, 2023
Silgan to Release First Quarter 2023 Earnings Results on April 26, 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, will release its first quarter 2023 earnings results on Wednesday, April 26, 2023, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · March 27, 2023
Silgan Holdings Elects Kimberly I. Ulmer as Chief Financial Officer
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that Kimberly I. Ulmer has been elected as Chief Financial Officer of the Company. Ms. Ulmer joined the Company in 2004 as its Controller, and, in addition to serving as CFO, she will continue as Senior Vice President and Treasurer of the Company. Robert B. Lewis, who has been CFO since 2004, will continue as a member of the Executive Office of the Company, serving as Executive Vice President, Corporate Development and Administration of the Company.
By Silgan Holdings Inc. · Via Business Wire · March 8, 2023
Silgan Increases Dividend by 12.5 Percent and Declares Quarterly Dividend; Dividend Increased for 19th Consecutive Year Since Initiation
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.18 per share quarterly cash dividend on the Company’s common stock, payable on March 31, 2023 to the holders of record of the common stock of the Company on March 17, 2023. This represents a 12.5 percent increase from last year in the Company’s quarterly cash dividend, which the Company has increased every year since it began paying cash dividends in 2004.
By Silgan Holdings Inc. · Via Business Wire · February 21, 2023
Silgan Announces Participation in Upcoming Conferences
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced that it will participate in the Barclays Industrial Select Conference on February 23, 2023. Robert Lewis, Executive Vice President and CFO, is scheduled to speak at the conference starting at 11:30 a.m. eastern time, which will be webcast live via audio. The Company will also participate in the BofA Securities 2023 Global Agriculture and Materials Conference on March 1, 2023. Adam Greenlee, President and CEO, and Robert Lewis, Executive Vice President and CFO, are scheduled to speak at that conference starting at 3:50 p.m. eastern time, which will be webcast live via audio. The webcasts of both events can be accessed live and for thirty days thereafter under the Events & Presentations portion of the Investor Information section of Silgan’s website at www.silganholdings.com.
By Silgan Holdings Inc. · Via Business Wire · February 21, 2023
Silgan Announces Strong Growth in 2022; Anticipates Increased Revenue, Segment Income and Free Cash Flow In 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, today reported record full year net sales of $6.41 billion, a 12.9 percent increase over prior year net sales of $5.68 billion, and full year 2022 net income of $340.8 million, or $3.07 per diluted share, as compared to full year 2021 net income of $359.1 million, or $3.23 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · January 24, 2023
Silgan to Release Fourth Quarter and Full Year 2022 Earnings Results on January 24, 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, will release its fourth quarter and full year 2022 earnings results on Tuesday, January 24, 2023, after the U.S. markets close. At 11:00 A.M. eastern time on Wednesday, January 25, 2023, Silgan will hold a conference call to discuss the Company’s results and performance for these periods.
By Silgan Holdings Inc. · Via Business Wire · January 3, 2023
Silgan Holdings Announces Corporate Governance Updates
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging for the world’s essential consumer goods products, announced today that it entered into a new amended and restated stockholders agreement with its co-founders, D. Greg Horrigan and R. Philip Silver, which amends the existing stockholders agreement to remove the contractual right of the co-founders of the Company to nominate for election all Directors of the Company so long as they and their affiliates held a certain amount of shares of Common Stock of the Company. The co-founders of the Company and their affiliates still as of today hold more than such amount of shares of Common Stock of the Company. Under the new amended and restated stockholders agreement, the co-founders, so long as they and their affiliates own at least five percent of the Common Stock of the Company, retain the right to nominate one nominee for election as a Director of the Company, which nominee must be one of the co-founders.
By Silgan Holdings Inc. · Via Business Wire · November 28, 2022
Silgan Announces Participation in Baird 2022 Global Industrial Conference
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging for the world’s essential consumer goods products, announced that it will participate in the Baird 2022 Global Industrial Conference on November 9, 2022. Adam Greenlee, President and CEO, and Kimberly Ulmer, Senior Vice President, Finance and Treasurer, are scheduled to speak at the conference starting at 8:30 a.m. central time, which will be webcast live via audio. The webcast can be accessed live and for thirty days thereafter under the Events & Presentations portion of the Investor Information section of Silgan’s website at www.silganholdings.com.
By Silgan Holdings Inc. · Via Business Wire · November 7, 2022
Silgan Holdings Increases Size of Its Board of Directors and Elects Niharika Taskar Ramdev as Its Newest Director
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced today that its Board of Directors approved an increase in the number of Directors constituting the Board of Directors of the Company from eight to nine members in accordance with its Amended and Restated Certificate of Incorporation, as amended, and elected Niharika Taskar Ramdev as a member of the Board of Directors of the Company to fill the resulting vacancy. Ms. Ramdev will serve as a Class II Director of the Company, with the term of her position running until the annual meeting of stockholders of the Company in 2023.
By Silgan Holdings Inc. · Via Business Wire · November 2, 2022
Silgan Holdings Announces Retirement of R. Philip Silver as a Director and Elects Adam J. Greenlee as a Director
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced that R. Philip Silver informed the Company today of his decision to retire as a Director of the Company, effective following the conclusion of the Company’s Board of Directors meeting held today. Mr. Silver co-founded the Company together with D. Greg Horrigan 35 years ago and has served as a Director of the Company since its founding. Mr. Silver had also served as the Company’s Chairman of the Board in an executive capacity and Co-Chairman of the Board in both an executive and non-executive capacity from its founding until March 2019.
By Silgan Holdings Inc. · Via Business Wire · November 2, 2022
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.16 per share quarterly cash dividend payable on December 15, 2022 to the holders of record of common stock of the Company on December 1, 2022. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-five consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · November 1, 2022
Silgan Announces All-Time Record Quarterly Earnings; Anticipates Continued Growth and Increased Free Cash Flow In 2023
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported record third quarter net sales of $1.97 billion, a 19.3 percent increase over prior year third quarter net sales of $1.65 billion, and record third quarter 2022 net income of $138.7 million, or $1.25 per diluted share, as compared to third quarter 2021 net income of $106.3 million, or $0.96 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · October 26, 2022
Silgan to Release Third Quarter 2022 Earnings Results on October 26, 2022
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its third quarter 2022 earnings results on Wednesday, October 26, 2022, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · September 26, 2022
Silgan Announces Participation in Jefferies Industrials Conference
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced that it will participate in the Jefferies Industrials Conference on August 9, 2022. Adam Greenlee, President and CEO, and Robert Lewis, Executive Vice President and CFO, are scheduled to speak at the conference starting at 11:30 a.m. eastern time, which will be webcast live via audio. The webcast can be accessed live and for thirty days thereafter under the Events & Presentations portion of the Investor Information section of Silgan’s website at www.silganholdings.com.
By Silgan Holdings Inc. · Via Business Wire · August 8, 2022
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (NYSESLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.16 per share quarterly cash dividend payable on September 15, 2022 to the holders of record of common stock of the Company on September 1, 2022. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-four consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · August 3, 2022
Silgan Announces All-Time Record Quarterly Earnings and Estimates Higher Earnings Next Quarter
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported record second quarter net sales of $1.54 billion, a 14.5 percent increase over the prior year second quarter net sales of $1.35 billion, and second quarter 2022 net income of $92.7 million, or $0.83 per diluted share, as compared to record second quarter 2021 net income of $94.5 million, or $0.85 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · July 27, 2022
Silgan Announces Transfer of Its Common Stock Listing to New York Stock Exchange; to Ring Opening Bell on August 1, 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it is transferring the listing of its Common Stock from the Nasdaq Global Select Market (Nasdaq) to the New York Stock Exchange (NYSE). The NYSE is home to many leading companies, including 70% of the S&P 500.
By Silgan Holdings Inc. · Via Business Wire · July 19, 2022
Silgan Settles With European Commission to End Investigation Since 2015 of Its European Metal Packaging Operations
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has concluded a settlement with the European Commission to end a long-running investigation of Silgan's metal packaging operations in Europe. This investigation was started in 2015 by the German antitrust authority and was transferred in 2018 to the European Commission only after the German antitrust authority determined it would be difficult for it to impose fines under German law. As part of the settlement, Silgan has agreed to pay a fine of €23,852,000 to put an end to the investigation, although Silgan does not fully concur with the facts and legal qualifications put forth by the European Commission. The European Commission has agreed to fully close its investigation and not proceed any further with respect to this matter.
By Silgan Holdings Inc. · Via Business Wire · July 12, 2022
Silgan to Release Second Quarter 2022 Earnings Results on July 27, 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its second quarter 2022 earnings results on Wednesday, July 27, 2022, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · June 27, 2022
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.16 per share quarterly cash dividend payable on June 15, 2022 to the holders of record of common stock of the Company on June 1, 2022. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-three consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · May 3, 2022
Silgan Announces Record First Quarter Earnings and Raises Full Year Earnings Estimate
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported first quarter 2022 net income of $84.9 million, or $0.76 per diluted share, as compared to first quarter 2021 net income of $73.3 million, or $0.66 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · April 27, 2022
Silgan to Release First Quarter 2022 Earnings Results on April 27, 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its first quarter 2022 earnings results on Wednesday, April 27, 2022, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · March 28, 2022
Silgan Announces Redemption of All Outstanding 4¾% Senior Notes
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has given irrevocable notice for the redemption on March 28, 2022 of all $300 million aggregate principal amount of its outstanding 4¾% Senior Notes due 2025. Pursuant to the terms of the indenture governing the 4¾% Senior Notes, the Company will redeem all $300 million aggregate principal amount of its outstanding 4¾% Senior Notes on March 28, 2022 at a redemption price of 100 percent of their principal amount plus accrued and unpaid interest up to the redemption date. The Company will fund this redemption with revolving loan borrowings under its senior secured credit facility and cash on hand.
By Silgan Holdings Inc. · Via Business Wire · February 24, 2022
Silgan Increases Dividend by 14.3 Percent and Declares Quarterly Dividend; Dividend Increased for 18th Consecutive Year Since Initiation
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.16 per share quarterly cash dividend on the Company’s common stock, payable on March 31, 2022 to the holders of record of the common stock of the Company on March 17, 2022. This represents a 14.3 percent increase from last year in the Company’s quarterly cash dividend, which the Company has increased every year since it began paying cash dividends in 2004.
By Silgan Holdings Inc. · Via Business Wire · February 23, 2022
Silgan Announces Appointment of Anthony J. Allott as Non-Executive Chairman of the Board
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that, as part of the continuation of its long-term succession planning, Anthony J. Allott has been appointed Non-Executive Chairman of the Board of Directors of the Company, effective April 1, 2022, having served as Executive Chairman until that time.
By Silgan Holdings Inc. · Via Business Wire · February 23, 2022
Silgan Announces Record 2021 Earnings and Cash Generation; Anticipates Significant Earnings Growth In 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported full year 2021 net income of $359.1 million, or $3.23 per diluted share, as compared to full year 2020 net income of $308.7 million, or $2.77 per diluted share. Adjusted net income per diluted share was a record $3.40 for the full year of 2021, after adjustments increasing net income per diluted share by $0.17. Adjusted net income per diluted share was $3.06 for the full year of 2020, after adjustments increasing net income per diluted share by $0.29. A reconciliation of net income per diluted share to “adjusted net income per diluted share,” a Non-GAAP financial measure used by the Company that adjusts net income per diluted share for certain items, can be found in Tables A and B at the back of this press release.
By Silgan Holdings Inc. · Via Business Wire · January 25, 2022
Silgan to Release Fourth Quarter and Full Year 2021 Earnings Results on January 25, 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its fourth quarter and full year 2021 earnings results on Tuesday, January 25, 2022, after the U.S. markets close. On the following day, Wednesday, January 26, 2022, Silgan will hold a conference call at 11:00 A.M. eastern time to discuss the Company’s results and performance for these periods.
By Silgan Holdings Inc. · Via Business Wire · January 3, 2022
Silgan Announces Completion of Amendment to Senior Secured Credit Facility
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging for consumer goods products, announced today that it completed an amendment to its existing senior secured credit facility which extends maturity dates by more than 3 years, increases the Company’s revolving loan facility from $1.2 billion to $1.5 billion and provides $1.0 billion in new term loans to refinance outstanding term and revolving loans used to fund the three recent acquisitions completed in 2021 and the acquisition of the dispensing operations of the Albéa Group in 2020. The amendment also provides the Company with additional flexibility with regard to its strategic initiatives.
By Silgan Holdings Inc. · Via Business Wire · November 9, 2021
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.14 per share quarterly cash dividend payable on December 15, 2021 to the holders of record of common stock of the Company on December 1, 2021. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy-one consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · November 3, 2021
Silgan Announces Third Quarter Earnings and Raises Estimate of Cash Generation; Anticipates Continued Growth In 2022
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported third quarter 2021 net income of $106.3 million, or $0.96 per diluted share, as compared to third quarter 2020 net income of $112.9 million, or $1.01 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · October 27, 2021
Silgan Acquires Easytech
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has acquired Easytech Closures S.p.A. This business manufactures and sells easy-open and sanitary metal ends used with metal containers primarily for food applications in Europe. It operates a manufacturing facility in Fisciano, Italy and is projected to generate approximately €38 million, or approximately $45 million, in sales and approximately €6.6 million, or approximately $7.8 million, in adjusted EBITDA in 2021.
By Silgan Holdings Inc. · Via Business Wire · October 4, 2021
Silgan Acquires Unicep Packaging
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has acquired Unicep Packaging. As a Specialty Contract Manufacturer and Developer (SCMD) solutions provider, this business develops, formulates, manufactures and sells precision dosing dispensing packaging solutions, such as diagnostic test components, oral care applications and skin care products, primarily for the health care, diagnostics, animal health, oral care and personal care markets. It operates two manufacturing facilities located in Spokane, Washington and Sandpoint, Idaho and is projected to generate approximately $45 million in sales and approximately $18.3 million in adjusted EBITDA for 2021.
By Silgan Holdings Inc. · Via Business Wire · September 30, 2021
Silgan to Release Third Quarter 2021 Earnings Results on October 27, 2021
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its third quarter 2021 earnings results on Wednesday, October 27, 2021, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · September 27, 2021
Silgan Acquires Gateway
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has acquired Gateway Plastics. This business manufactures and sells dispensing closures and integrated dispensing packaging solutions, such as a combined container and closure or 100% recyclable dispensing beverage pods, to consumer goods product companies primarily for the food and beverage markets. It operates a large, state-of-the-art manufacturing facility in Mequon, Wisconsin and is projected to generate approximately $150 million in sales and approximately $46 million in adjusted EBITDA for 2021.
By Silgan Holdings Inc. · Via Business Wire · September 20, 2021
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.14 per share quarterly cash dividend payable on September 15, 2021 to the holders of record of common stock of the Company on September 1, 2021. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for seventy consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · August 2, 2021
Silgan Announces Second Quarter Earnings; Confirms Full Year Earnings Guidance and Raises Estimate of Expected Cash Generation
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported record second quarter 2021 net income of $94.5 million, or $0.85 per diluted share, as compared to second quarter 2020 net income of $78.2 million, or $0.70 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · July 28, 2021
Silgan Holdings Announces CEO Succession Plan
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that, as part of the continuation of its long-term succession planning, its Board of Directors has appointed Adam J. Greenlee as Chief Executive Officer of the Company, effective September 1, 2021. Mr. Greenlee will also continue as President of the Company. Mr. Greenlee joined Silgan in 2005 and ran its North American Closures operations prior to being appointed Executive Vice President of the Company in October 2007. Mr. Greenlee was named Chief Operating Officer of the Company in 2009 and was appointed President of the Company in April 2019. Tony Allott has served as Chief Executive Officer of the Company since March 2006, only its second CEO since its founding in 1987. Mr. Allott will continue to serve as Executive Chairman of the Company.
By Silgan Holdings Inc. · Via Business Wire · July 1, 2021
Silgan to Release Second Quarter 2021 Earnings Results on July 28, 2021
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, will release its second quarter 2021 earnings results on Wednesday, July 28, 2021, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period.
By Silgan Holdings Inc. · Via Business Wire · June 28, 2021
Silgan Declares Quarterly Dividend
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that its Board of Directors declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.14 per share quarterly cash dividend payable on June 15, 2021 to the holders of record of common stock of the Company on June 1, 2021. With this dividend payment, the Company will have paid a quarterly cash dividend on its common stock, which it has increased every year, for sixty-nine consecutive quarters since 2004.
By Silgan Holdings Inc. · Via Business Wire · May 4, 2021
Silgan Announces Record First Quarter Earnings; Confirms Full Year Earnings Guidance
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, today reported record first quarter 2021 net income of $73.3 million, or $0.66 per diluted share, as compared to first quarter 2020 net income of $57.6 million, or $0.52 per diluted share.
By Silgan Holdings Inc. · Via Business Wire · April 28, 2021