Multinational Silgan Holdings Inc, a leading provider of sustainable rigid packaging for consumer products, has announced that its board of directors has authorized the company to repurchase up to a total of $300 million of its common stock through December 31, 2026.
For Adam Greenlee, President and Chief Executive Officer: “This authorization replaces our previous similar authorization that expired at the end of 2021 and will allow us to repurchase common stock from time to time through December 31, 2026. As in the past, we maintain a disciplined approach to capital deployment with a priority on growth investments for the company.
Silgan, a leading provider of sustainable rigid packaging solutions for consumer goods products with annual net sales of approximately $5.7 billion in 2021. In addition, the company operates 113 manufacturing plants in the Americas, Europe and Asia. The company is a leading global supplier of dispensing and specialty closures for food, beverage, healthcare, gardening, household, personal care, fragrance and beauty products as well as metal packaging worldwide.
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