The Ball Corporation recently announced several notable activities and results. Initiating a joint venture, Ball is selling its Ball Aluminum Cup® assets. The corporation made additional strategic moves, including the acquisition of Florida can maker, and making plans for an Oregon plant. The company was also identified as a leading choice among billionaires, as well as a prime aluminum stock option.
In Q4 2024, Ball reported a growth of 8% Y/Y in earnings that beat estimates. The board declared a quarterly dividend, and they also approved a $4 billion share repurchase. Several partnerships were announced this year, including alliances with Meadow, Dabur, and Unilever.
Stock of Ball dipped post Q4 earnings miss and it touched a 52-week low at $54.06 amid market shifts. Despite these shortcomings, Ball is still seen as a solid investment and their strategy will be revealed by the CEO and CFO at a major conference. Finally, Ball ended the year by collaborating with global beverage brands to promote their sustainable aluminium packaging.
Ball Corporation BALL News Analytics from Mon, 22 Apr 2024 07:00:00 GMT to Fri, 21 Mar 2025 23:13:00 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor -2
