Key Developments: Silgan Holdings Inc (SLGN.O)
47.19USD
14 Jun 2013
$-0.31 (-0.65%)
$47.50
$47.39
$47.45
$46.94
79,748
230,436
$49.83
$39.11
Latest Key Developments (Source: Significant Developments)
Silgan Holdings Inc Declares Quarterly Dividend
Silgan Holdings Inc announced that its Board of Directors has 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 17, 2013 to the holders of record of common stock of the Company on June 3, 2013. Full Article
Silgan Holdings Inc Reaffirms FY 2013 EPS Guidance; Issues Q2 2013 EPS Guidance In Line With Analysts' Estimates
Silgan Holdings Inc confirmed its estimate of adjusted net income per diluted share for fiscal 2013 in the range of $3.05 to $3.20, which excludes rationalization charges, plant start-up costs, the loss on early extinguishment of debt and the impact from the remeasurement of net assets in Venezuela. This estimate compares to record adjusted net income per diluted share of $2.70 in the prior year. The Company is providing an estimate of adjusted net income per diluted share (EPS) for the second quarter of 2013, which excludes rationalization charges and plant start-up costs, in the range of $0.60 to $0.70. This estimate compares to record adjusted net income per diluted share of $0.55 in the second quarter of 2012. The estimate of adjusted net income per diluted share for the second quarter of 2013 includes the impact of the tender offer completed in February 2013, assumes a normal fruit and vegetable pack and continued strength in soup and pet food sales and includes the expected benefit from the plastic food container operations acquired in August 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $3.12 for fiscal 2013 and EPS of $0.64 for the second quarter of 2013. Full Article
Silgan Holdings Inc Declares Quarterly Dividend
Silgan Holdings Inc announced that the board of directors have declared a $0.14 per share quarterly cash dividend on its common stock, payable on March 29, 2013 to the holders of record of the common stock of the Company on March 15, 2013. This represents a 16.7% increase in the Company's quarterly cash dividend. Full Article
Silgan Holdings Inc Issues FY 2013 EPS Guidance In Line With Analysts' Estimates
Silgan Holdings Inc announced that for fiscal 2013, it expects to deliver adjusted earnings per diluted share (EPS) in a range of $3.05 to $3.20. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $3.11 for fiscal 2013. Full Article
Silgan Holdings Inc Lowers Q4, FY 2012 EPS Guidance
Silgan Holdings Inc updated fourth quarter guidance and expects adjusted net income per diluted share to a range of $0.43 to $0.53 from a range of $0.58 to $0.63. The Company adjusted fiscal 2012 EPS guidance to a range of $2.65 to $2.75 from a range of $2.80 to $2.85. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.60 for fourth quarter of 2012 and EPS of $2.82 for fiscal 2012. Full Article
Silgan Holdings Inc Declares Quarterly Dividend
Silgan Holdings Inc announced that its Board of Directors has declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.12 per share quarterly cash dividend, payable on December 17, 2012 to the holders of record of common stock of the Company on December 3, 2012. Full Article
Silgan Holdings Inc Completes Acquisition of Rexam’s Plastic Thermoformed Food Business
Silgan Holdings Inc announced that it has completed its acquisition of Rexam PLC’s plastic thermoformed food business. This business will be reported as part of the plastic container segment and will operate under the name Silgan Plastic Food Containers. With anticipated 2012 revenues of $100 million, this business produces both barrier and non-barrier bowls and trays for the shelf-stable food markets. The purchase price for this business (including preliminary post-closing adjustments) was $248.1 million. The Company funded the purchase price for this acquisition from cash on hand. The Company expects this business to be neutral to earnings in 2012 principally due to the initial inventory write-up required for accounting purposes, but expects this business to be modestly accretive to earnings for the full year 2013. Full Article
Silgan Holdings Inc Declares Quarterly Dividend
Silgan Holdings Inc announced that its Board of Directors has declared a quarterly cash dividend on its common stock. The Board of Directors approved a $0.12 per share quarterly cash dividend, payable on September 18, 2012 to the holders of record of common stock of the Company on September 4, 2012. Full Article
Silgan Holdings Inc. Reaffirms FY 2012 EPS Guidance; Issues Q3 2012 EPS Guidance In Line With Analysts' Estimates
Silgan Holdings Inc. confirmed its estimate of adjusted net income per diluted share for fiscal 2012 in the range of $2.80 to $2.90, but acknowledged increased risk around the midwest vegetable pack and operations in Europe due to weak economic conditions. The Company is providing an estimate of adjusted net income per diluted share (EPS) for the third quarter of 2012 in the range of $1.15 to $1.25. This estimate assumes lower net sales in the plastic container business primarily due to the accelerated volumes in the second quarter of 2012 as a result of anticipated customer shutdowns. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $2.89 for fiscal 2012 and EPS of $1.21 for the third quarter of 2012. Full Article
Silgan Holdings Inc. Announces Agreement To Acquire Rexam PLC Rexam’s Plastic Thermoformed Food Business
Silgan Holdings Inc. announced that it has entered into a definitive purchase agreement to purchase Rexam PLC's plastic thermoformed food business. The purchase price for this transaction is $250 million. The transaction is expected to close in the third quarter of 2012 and Silgan expects to fund the purchase price from cash on hand. Full Article
Silgan says profit to miss forecast as metal container demand falls
- Consumer goods packager Silgan Holdings Inc said fourth-quarter earnings would be below its forecast due to lower demand for metal food containers during the quarter, sending the company's shares down 6 percent in early trade.
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