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Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ) has shared an announcement.
Amcor Flexibles North America, a wholly-owned subsidiary of Amcor plc, has filed a prospectus with the SEC to offer an exchange of new notes for existing ones. This strategic financial maneuver involves exchanging up to $2.2 billion in senior notes due in 2028, 2030, and 2035, which could enhance liquidity and optimize the company’s debt structure, potentially impacting its financial stability and market positioning.
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 industries, including food, beverage, pharmaceutical, medical, home and personal-care products. The company focuses on creating packaging that is recyclable, reusable, lighter in weight, and made with recycled content. Amcor operates across 212 locations in 40 countries, generating $13.6 billion in annual sales with a workforce of 41,000 employees.
Average Trading Volume: 3,573,462
Technical Sentiment Signal: Buy
Current Market Cap: A$34.23B
Find detailed analytics on AMC stock on TipRanks’ Stock Analysis page.