Ball Corporation approved the repurchase by the company of up to a total of 40 million shares of its common stock. The repurchase authorization replaces all previous authorizations. In addition, the board also declared a cash dividend of 20c per share, payable June 17 to shareholders of record as of June 3.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BALL:
- Board Declares Quarterly Dividend; Increases Share Repurchase Authorization and Elects New Officer
- Is BALL a Buy, Before Earnings?
- Ball Corp. downgraded to Equal Weight from Overweight at Barclays
- Ball Corp. resumed with a Neutral at Citi
- Ball Corp. price target raised to $65 from $52 at Wells Fargo