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Company does not plan to pursue acquisitions as part of its capital allocation program.
November 7, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Crown Holdings, Inc. announced that it will conduct a comprehensive board-led review of its portfolio and capital allocation/return to ensure that the company maintains its strong competitive position and its continued stock price outperformance. “In 2019, Crown and its shareholders have benefitted from our strategic plan with a 75% total shareholder return, far in excess of our peers and most relevant indices,” said CEO Timothy J. Donahue. “Our stock currently trades near an all-time high, w...
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