Silgan Approves New $500 Million Share Buyback Program

MT Newswires Live

11/05

Silgan (SLGN) said Wednesday its board approved a new share buyback plan authorizing up to $500 million in buybacks through Dec. 31, 2029.

The new plan replaces a previous authorization that had about $25 million remaining, Silgan Chief Executive Adam Greenlee said in prepared remarks.

Shares of Silgan were up 1.1% in recent Wednesday trading.

Price: 39.05, Change: +0.44, Percent Change: +1.13

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