Industry News, Printers News

Ball Board Declares 2-For-1 Split

Increases quarterly cash dividend by 54% to 10 cents on a post-split basis.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation’s board of directors announced a two-for-one split of the company’s common stock and increased the quarterly cash dividend by 54% to 10 cents on a post-split basis. The company’s existing share repurchase authorization of more than 20 million shares on a post-split basis remains in place.   “The dividend increase represents the initial step in our return of value to shareholders following our 2016 global beverage acquisition, and reflects management’s expectations of significa...

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