Ball Corp. (BLL) Announces $100M Accelerated Buyback
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Ball Announces $100 Million Accelerated Stock Repurchase
August 7, 2017 6:00 AM EDTBROOMFIELD, Colo., Aug. 7, 2017 /PRNewswire/ --Â Ball Corporation (NYSE: BLL) announced today an agreement to repurchase approximately $100 million of its outstanding common stock in a privately negotiated accelerated stock repurchase transaction with Goldman Sachs & Co. LLC, using cash on hand and available borrowings.
Subject to certain conditions, the transaction will commence today and reduce Ball's outstanding common stock by a total of approximately 2.5 million shares. Following the completion of today's transaction, approximately 18 million shares remain available for repurchase under the company's... More
