Business
Ball Corporation Announces $250 Million Accelerated Share Repurchase
Ball Corporation (NYSE: BALL) announced today an agreement to repurchase approximately $250 million of its outstanding common stock in a privately negotiated, accelerated stock repurchase transaction with Crédit Agricole CIB, using cash on hand and available borrowings.
About this update from Ball Corporation
[{"type":"text","content":"WESTMINSTER, Colo., June 16, 2025 /PRNewswire/ -- Ball Corporation (NYSE: BALL) announced today an agreement to repurchase approximately $250 million of its outstanding common stock in a privately negotiated, accelerated stock repurchase transaction with Crédit Agricole CIB, using cash on hand and available borrowings.","length":320,"tagName":"p"},{"type":"text","content":"Subject to certain conditions, the transaction will commence today and will significantly reduce Ball's outstanding common stock. Final share counts will be determined based on the volume weighted average price over the agreement period and subject to customary market‑price adjustment terms at the conclusion of the accelerated stock repurchase transaction, which may require a settlement to be made by Ball, or to Ball, based generally on the volume weighted average trading price of the company's common stock over an agreed upon period of time.","length":556,"tagName":"p"},{"type":"text","content":""This share buyback, which is part of our previously announced planned purchases for the year, enables us to most efficiently deliver on our goal of returning at least $1.5 billion to shareholders by year-end," said Daniel W. Fisher, chairman and chief executive officer.","length":281,"tagName":"p"},{"type":"text","content":"About Ball Corporation","length":22,"tagName":"p"},{"type":"text","content":"Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers. Ball Corporation employs 16,000 people worldwide and reported 2024 net sales of $11.80 billion, which excludes the divested aerospace business. For more information, visit www.ball.com, or connect with us on LinkedIn or Instagram.","length":376,"tagName":"p"},{"type":"text","content":"Forward-Looking StatementThis release contains "forward-looking" statements concerning future events and financial performance. Words such as "expects," "anticipates," "estimates," "will," "believe," "continue," "goal" and similar expressions typically identify forward looking statements, which are generally any statements other than statements of historical fact. For example, the forward-looking statements in this news release include statements relat...