SLGN news

Silgan Holdings announced a definitive agreement to acquire three companies operating in the metal packaging sector. The transaction, valued at approximately $1.154 billion, is expected to be accretive to adjusted earnings per share in the first twelve months post-closing.

Silgan Holdings is forming a partnership with American Industrial Partners to combine its Metal Packaging and Closures businesses into a new entity, Silgan MCC, receiving $2.3 billion in cash, expected to drive significant EPS accretion and synergies.

Silgan Holdings declared a quarterly cash dividend of $0.21 per share, payable September 15, 2026, following 90 consecutive quarterly payments since 2004.

Silgan Holdings amended its 2004 Stock Incentive Plan to increase authorized shares by 4 million and raise individual grant limits, effective April 2, 2026 subject to 2026 annual meeting approval. The amendment extends the plan's termination date to June 30, 2031 and adjusts per-participant award ca…