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Crown Holdings Inc (CCK.N)

CCK.N on New York Stock Exchange

66.92USD
2 Jul 2020
Change (% chg)

$1.44 (+2.20%)
Prev Close
$65.48
Open
$66.30
Day's High
$67.27
Day's Low
$66.01
Volume
290,143
Avg. Vol
315,786
52-wk High
$80.55
52-wk Low
$43.00

Latest Key Developments (Source: Significant Developments)

Greenlight Capital Takes Share Stake In Altria, Goldman Sachs
Saturday, 16 May 2020 

May 15 (Reuters) - Greenlight Capital Inc::GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 305,400 SHARES IN ALTRIA GROUP INC.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 69,100 SHARES IN GOLDMAN SACHS GROUP INC.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 76,800 SHARES IN DANAHER CORPORATION.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 700,000 SHARES IN GULFPORT ENERGY CORP.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 213,500 SHARES IN CROWN HOLDINGS INC.GREENLIGHT CAPITAL INC TAKES SHARE STAKE OF 5.3 MILLION SHARES IN CHANGE HEALTHCARE INC.GREENLIGHT CAPITAL - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2020 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2019.  Full Article

Crown Holdings Announces Stock Repurchase Authorization Of $250 Million
Wednesday, 11 Mar 2020 

March 10 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS ANNOUNCES STOCK REPURCHASE AUTHORIZATION OF $250 MILLION.CROWN HOLDINGS - REPURCHASE AUTHORIZATION IS BEING PUT IN PLACE TODAY AS RESULT OF EXTRAORDINARY MARKET CONDITIONS DUE TO CURRENT CORONAVIRUS CRISIS.  Full Article

Crown Holdings Inc Reports Q4 Adjusted Earnings Per Share $1.04
Wednesday, 5 Feb 2020 

Feb 4 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $5.40 TO $5.60.SEES Q1 2020 ADJUSTED EARNINGS PER SHARE $0.90 TO $1.00.Q4 ADJUSTED EARNINGS PER SHARE $1.04.Q4 EARNINGS PER SHARE $0.64.Q4 EARNINGS PER SHARE ESTIMATE $0.95 -- REFINITIV IBES DATA.Q4 SALES $2.791 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.72 BILLION.INCREASE IN 2020 CAPITAL SPENDING TO SUPPORT GROWING BEVERAGE CAN DEMAND.  Full Article

Crown Holdings, Inc. Announces Review Of Portfolio And Capital Allocation/Return To Drive Shareholder Value
Tuesday, 5 Nov 2019 

Nov 5 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. ANNOUNCES COMPREHENSIVE REVIEW OF PORTFOLIO AND CAPITAL ALLOCATION/RETURN TO DRIVE SHAREHOLDER VALUE.CROWN HOLDINGS INC - REAFFIRMS GUIDANCE ANNOUNCED ON ITS Q3 EARNINGS CALL.CROWN HOLDINGS INC - BOARD WILL CONTINUE ITS BOARD REFRESHMENT PROCESS BY ADDING NEW INDEPENDENT DIRECTORS WHO WILL PARTICIPATE IN REVIEW.CROWN HOLDINGS INC - BOARD WILL ALSO CONTINUE ITS BOARD REFRESHMENT PROCESS BY ADDING NEW INDEPENDENT DIRECTORS.CROWN HOLDINGS INC - COMPANY DOES NOT PLAN TO PURSUE ACQUISITIONS AS PART OF ITS CAPITAL ALLOCATION PROGRAM..  Full Article

Crown Holdings, Inc. Announces Pricing Of Senior Notes
Wednesday, 23 Oct 2019 

Crown Holdings Inc ::CROWN HOLDINGS, INC. ANNOUNCES PRICING OF SENIOR NOTES.CROWN HOLDINGS - PRICED OFFERING OF EUR 550 MILLION PRINCIPAL AMOUNT OF 0.75% SENIOR NOTES DUE 2023 ISSUED AT PAR BY UNIT.  Full Article

Crown Holdings Inc Announces Senior Notes Offering
Tuesday, 22 Oct 2019 

Oct 22 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. ANNOUNCES SENIOR NOTES OFFERING.CROWN HOLDINGS INC - INTENDS TO OFFER AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES OF EUR 550 MILLION DUE 2023 ISSUED BY ITS SUBSIDIARY.CROWN HOLDINGS INC - INTENDS TO USE PROCEEDS FROM OFFERING TO REPAY CERTAIN EXISTING TERM LOAN INDEBTEDNESS UNDER CROWN'S CREDIT AGREEMENT.  Full Article

Crown Holdings Reports Q3 Adjusted Earnings Per Share $1.56
Thursday, 17 Oct 2019 

Oct 16 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. REPORTS THIRD QUARTER 2019 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $1.56.Q3 EARNINGS PER SHARE $1.36.Q3 EARNINGS PER SHARE ESTIMATE $1.56 -- REFINITIV IBES DATA.Q3 SALES $3.084 BILLION VERSUS REFINITIV IBES ESTIMATE OF $3.18 BILLION.BEVERAGE CAN CAPACITY PROJECTS ON SCHEDULE.STRONG OPERATING RESULTS IN AMERICAS BEVERAGE SEGMENT OFFSET A DISAPPOINTING PERFORMANCE IN EUROPEAN FOOD BUSINESS.CROWN HOLDINGS - IN NOV 2019, PLAN TO COMMENCE OPERATIONS AT A NEW BEVERAGE CAN FACILITY IN RIO VERDE IN CENTRAL BRAZIL.CROWN HOLDINGS - BEGUN CONSTRUCTION OF HIGH-SPEED LINE AT NICHOLS, NY FACILITY WHICH WILL BEGIN PRODUCTION DURING Q2 2020.INSTALLING A NEW ALUMINUM BEVERAGE CAN LINE AT OUR WESTON, ONTARIO PLANT.ADJUSTED FREE CASH FLOW IS CURRENTLY EXPECTED TO BE APPROXIMATELY $725 MILLION FOR 2019.SEES CAPITAL SPENDING OF APPROXIMATELY $450 MILLION FOR 2019.SEES 2019 ADJUSTED. EPS TO BE IN RANGES OF $5.00 TO $5.05.FY2019 EARNINGS PER SHARE VIEW $5.09 -- REFINITIV IBES DATA.CROWN HOLDINGS - FY ADJUSTED EARNINGS PER SHARE GUIDANCE CUT PRIMARILY DUE TO POOR HARVEST IN EUROPE & IMPACT OF SLOWING ECONOMIC ACTIVITY ON TRANSIT PACKAGING BUSINESS.  Full Article

Crown Holdings Inc Reports Q2 Earnings Per Share $1.02
Thursday, 18 Jul 2019 

July 17 (Reuters) - Crown Holdings Inc ::CROWN HOLDINGS, INC. REPORTS SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $1.46.Q2 EARNINGS PER SHARE $1.02.Q2 EARNINGS PER SHARE ESTIMATE $1.48 -- REFINITIV IBES DATA.ADJUSTED FREE CASH FLOW IS CURRENTLY EXPECTED TO BE APPROXIMATELY $725 MILLION TO $750 MILLION FOR 2019.QTRLY NET SALES $3,035 MILLION VERSUS $3,046 MILLION.CURRENTLY EXPECTS FULL YEAR CAPITAL SPENDING OF APPROXIMATELY $440 MILLION..ANNOUNCED NEW NORTH AMERICA BEVERAGE CAN CAPACITY ADDITIONS DURING QUARTER.CROWN HOLDINGS - IN NOV 2019, PLAN TO COMMENCE OPERATIONS AT A NEW BEVERAGE CAN FACILITY IN BRAZIL.  Full Article

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Blackstone takes $360 million stake in Australia's Crown, stoking buyout hope

SYDNEY/BENGALURU Private equity company Blackstone Group Inc bought a near 10% stake in Australian casino operator Crown Resorts Ltd from Macau's Melco Resorts & Entertainment Ltd, sending Crown shares soaring amid hopes of a buyout.