Amcor Consolidates Operations with Berry Global Merger

Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has issued an update.

Amcor announced the filing of Form 15 with the US SEC, marking the termination of registration under Section 12(g) of the Securities Exchange Act of 1934 for Berry Global Group, Inc., which has become a wholly-owned subsidiary of Amcor. This move signifies a strategic consolidation under Amcor, potentially enhancing its market position and operational efficiency.

The most recent analyst rating on (AU:AMC) stock is a Buy with a A$19.00 price target. To see the full list of analyst forecasts on Amcor PLC Shs Chess Depository Interests stock, see the AU:AMC Stock Forecast page.

More about Amcor PLC Shs Chess Depository Interests

Amcor is a global leader in developing and producing responsible packaging solutions for various sectors, including food, beverage, pharmaceutical, medical, home and personal-care products. The company focuses on innovative, recyclable, and sustainable packaging, generating $13.6 billion in annual sales with operations in 40 countries.

Average Trading Volume: 4,071,998

Technical Sentiment Signal: Sell

Current Market Cap: A$32.73B

For a thorough assessment of AMC stock, go to TipRanks’ Stock Analysis page.