Form 8-K - Current report
February 27 2024 - 3:33PM
Edgar (US Regulatory)
false000084986900008498692024-02-272024-02-27
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 27, 2024
SILGAN HOLDINGS INC.
(Exact name of Registrant as specified in its charter)
| | | | | | | | | | | |
Delaware | 001-41459 | 06-1269834 |
(State or other jurisdiction | (Commission | (I.R.S. Employer |
of incorporation) | file number) | Identification No.) |
| | | |
4 Landmark Square | | |
Stamford, | Connecticut | | 06901 |
(Address of principal executive offices) | | (Zip Code) |
(203) 975-7110
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act: | | | | | | | | |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, par value $0.01 per share | SLGN | New York Stock Exchange |
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Section 8—Other Events
Item 8.01 Other Events.
On February 27, 2024, the Registrant announced that its Board of Directors approved an increase in the Registrant's quarterly cash dividend to $0.19 per share, representing a 5.6 percent increase from last year in the Registrant's quarterly cash dividend, and declared a quarterly cash dividend on its common stock of $0.19 per share, payable on March 28, 2024 to the holders of record of common stock of the Registrant on March 14, 2024. For additional information regarding this announcement, refer to Exhibit 99.1 filed with this Current Report on Form 8-K.
Section 9—Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. | | Description |
99.1 | | |
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104 | | Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| SILGAN HOLDINGS INC. |
| | |
| | |
| By: | /s/ Frank W. Hogan, III |
| | Frank W. Hogan, III |
| | Executive Vice President, General |
| | Counsel and Secretary |
Date: February 27, 2024
Exhibit 99.1
SILGAN INCREASES DIVIDEND FOR 20TH CONSECUTIVE YEAR SINCE INITIATION AND DECLARES QUARTERLY DIVIDEND
STAMFORD, CT, February 27, 2024 -- Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.19 per share quarterly cash dividend on the Company’s common stock, payable on March 28, 2024 to the holders of record of the common stock of the Company on March 14, 2024. This represents a 5.6 percent increase from last year's quarterly cash dividend, which the Company has increased every year for twenty consecutive years since it began paying cash dividends in 2004.
* * *
Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $6.0 billion in 2023. Silgan operates 107 manufacturing facilities in North and South America, Europe and Asia. The Company is a leading worldwide supplier of dispensing and specialty closures for fragrance and beauty, food, beverage, personal and health care, home care and lawn and garden products. The Company is also a leading supplier of metal containers in North America and Europe for food and general line products. In addition, the Company is a leading supplier of custom containers for shelf-stable food and personal care products in North America.
Contact:
Alexander Hutter
Vice President, Investor Relations
AHutter@silgan.com
203-406-3187
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