Tranche Update on Crown Holdings, Inc.'s Equity Buyback Plan announced on February 25, 2021.
July 20, 2021 at 02:08 am IST
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From April 1, 2021 to June 30, 2021, the company has repurchased 2,953,718 shares, representing 2.22% for $297.17 million. With this, the company has completed the repurchase of 2,953,718 shares, representing 2.22% for $297.17 million under the buyback announced on February 25, 2021.
Crown Holdings, Inc. designs, manufactures and sells packaging products for consumer goods and industrial products. The Company's segments include Americas Beverage, European Beverage, Asia Pacific, Transit Packaging and Other. The Americas Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends, glass bottles, steel crowns and aluminum caps. The European Beverage segment manufactures infinitely recyclable aluminum beverage cans and ends in Europe, the Middle East and North Africa. The Asia Pacific segment consists of beverage can and non-beverage can operations, primarily food cans and specialty packaging. The Transit Packaging segment includes its worldwide automation and equipment technologies, protective packaging solutions and steel and plastic consumables. The Company's Other segments include its food can, aerosol can and closures businesses in North America, and beverage tooling and equipment operations in the United States and the United Kingdom.