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Crown Holdings to Redeem Debentures in December

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Crown Holdings to Redeem Debentures in December

TipRanks Black Friday Sale

Crown Holdings ( (CCK) ) has shared an announcement.

Crown Holdings, Inc. announced that its subsidiary, Crown Cork & Seal Company, Inc., will redeem all outstanding 7-3/8% Debentures due 2026 on December 21, 2025. This redemption will result in the Debentures no longer being traded on the New York Stock Exchange after December 19, 2025, impacting the company’s financial operations and market activities.

The most recent analyst rating on (CCK) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Crown Holdings stock, see the CCK Stock Forecast page.

Spark’s Take on CCK Stock

According to Spark, TipRanks’ AI Analyst, CCK is a Outperform.

Crown Holdings’ overall stock score is driven by strong financial performance and positive earnings call results, highlighting improvements in profitability and cash flow. While technical indicators and valuation suggest a neutral stance, the company’s robust growth in the European segment and effective cash management are significant positives. Challenges in the Americas and high leverage are risks that need monitoring.

To see Spark’s full report on CCK stock, click here.

More about Crown Holdings

Crown Holdings, Inc. is a Pennsylvania-based corporation involved in the manufacturing sector, primarily focusing on producing packaging products for consumer goods.

Average Trading Volume: 1,450,769

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.22B

See more data about CCK stock on TipRanks’ Stock Analysis page.

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