Amcor PLC Stock News

Amcor plc (NYSE:AMCR ) Q2 2025 Earnings Conference Call February 4, 2025 8:00 AM ET Company Participants Tracey Whitehead - Head of Investor Relations Peter Konieczny - Chief Executive Officer Michael Casamento - Chief Financial Officer Conference Call Participants Anthony Pettinari - Citi Keith Chau - MST Marquee George Staphos - Bank of America Daniel Kang - CLSA Matthew Krueger - Baird Jakob...

December 2024 Quarter Highlights: Further sequential improvement in year over year volume growth; Net sales of $3,241 million; GAAP Net income of $163 million; GAAP diluted earnings per share (EPS) of 11.3 cps; Adjusted EBIT of $363 million, up 5% on a comparable constant currency basis; Adjusted EPS of 16.1 cps, up 5% on a comparable constant currency basis; and Announced highly complementary ...

NEW ORLEANS--(BUSINESS WIRE)--First paragraph, second sentence of the release issued January 29, 2025 should read: Upon closing of the proposed transaction, Berry shareholders will own approximately 37% of the combined company. (instead of Upon closing of the proposed transaction, Berry shareholders will own approximately 63% of the combined company.) The updated release reads: BERRY GLOBAL INV...

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Berry Global Group, Inc. (NYSE: BERY) to Amcor plc (NYSE: AMCR). Upon closing of the proposed transaction, Berry shareholders will own approximately 63% of the combined company. KSF is seeking to determine whether...

Amcor gets upgraded to buy, from my prior hold rating, betting on its buyout of rival Berry Global to complete and create a packaging giant. The shares are trading undervalued vs key peers, along with dipping below their 200-day simple moving average, opening a buying window. As a standalone company, without the merger, the stock pays a +5% dividend yield now, and boasts investment-grade credit...

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ZURICH, Switzerland & EVANSVILLE, Ind.--(BUSINESS WIRE)--Amcor plc (“Amcor”) (NYSE: AMCR, ASX: AMC) and Berry Global Group, Inc. (“Berry”) (NYSE: BERY) today announce that an important milestone towards the completion of their previously announced all-stock transaction has been reached, with filing of the definitive joint proxy statement (“the Joint Proxy Statement') with the U.S. SEC. The Join...