Ball announced an agreement to repurchase approximately $250M of its outstanding common stock in a privately negotiated, accelerated stock repurchase transaction with Credit Agricole CIB, using cash on hand and available borrowings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BALL:
- Morgan Stanley expects beverage can producers to react negatively to tariff news
- Sell Rating on Ball Due to Leadership Instability and Industry Challenges
- Ball Corp’s Strategic Leadership Transition and Earnings Growth Reaffirmation Support Buy Rating
- Ball Corporation Announces CFO Departure and Interim Appointment
- Ball Corp. announces departure of CFO Howard Yu, effective June 30