Articles from Berry Global Group, Inc.

Berry Global Group, Inc. (NYSEBERY) (“Berry”) announced today the commencement by Berry Global, Inc., Berry’s wholly owned subsidiary (the “Issuer”), of an offer to exchange up to $800,000,000 of the Issuer’s new 5.650% First Priority Senior Secured Notes due 2034 and up to $800,000,000 of the Issuer’s new 5.800% First Priority Senior Secured Notes due 2031 (collectively, the “Exchange Notes”), for an equal amount of the Issuer’s outstanding unregistered 5.650% First Priority Senior Secured Notes due 2034 and unregistered 5.800% First Priority Senior Secured Notes due 2031 (collectively, the “Outstanding Notes”), in a transaction registered under the Securities Act of 1933, as amended. The exchange offers are being conducted upon the terms and subject to the conditions set forth in a prospectus dated January 14, 2025, and the related letter of transmittal.

For the fourth year in a row, Berry Global Group, Inc. (NYSEBERY) has received an upgraded environmental, social and governance (ESG) rating from international ratings agency MSCI. Berry Global now carries an “AA” rating from MSCI for managing financially relevant ESG risks and opportunities, making the company a leader in the packaging industry based on MSCI’s seven-grade framework and among the top 20% of companies according to MSCI.

Berry Global Group, Inc., (“Berry”) (NYSEBERY) announced today it has entered into a definitive agreement to sell its Specialty Tapes business (“Tapes”) to the private equity firm Nautic Partners, LLC (“Nautic”) for a headline purchase price of approximately $540 million, which is subject to a number of closing adjustments.

Kevin Kwilinski, Berry’s CEO, stated, “With the successful completion of the HHNF transaction, Berry is now a leading pure-play supplier of sustainable global packaging solutions. This intentional emphasis on fast-moving consumer goods will result in even more predictable earnings growth and cash generation, providing stability and resilience to our business as we continue to optimize our portfolio.

Berry Global Group, Inc. (NYSEBERY), announced today that it will release its fourth quarter and fiscal year 2024 results on Wednesday, November 20, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Berry Global Group, Inc. (NYSEBERY) is pleased to announce the successful completion of the merger between Berry’s Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”) and Glatfelter Corporation, resulting in the creation of Magnera Corporation NYSE: MAGNNYSEMAGN)

Berry Global Group, Inc.’s (NYSEBERY) board of directors yesterday declared a quarterly cash dividend of $0.31 per share, a nearly 13% increase from the previous dividend amount, bringing the new annualized dividend to $1.24 per share. The new quarterly dividend is payable on December 16, 2024, to stockholders of record as of December 2, 2024.

Glatfelter Corporation (NYSEGLT) (“Glatfelter”) and Berry Global Group, Inc. NYSE: BERYNYSEBERY)

Berry Global Group, Inc. (NYSEBERY) (“Berry”) and Glatfelter Corporation NYSE: GLTNYSEGLT)

Berry Global Group, Inc. (NYSEBERY) (“Berry”) and Glatfelter Corporation NYSE:GLTNYSEGLT)

Berry Global Group, Inc. (NYSEBERY) (“Berry”) and Glatfelter Corporation NYSE:GLTNYSEGLT)

Berry Global Group, Inc. (NYSEBERY) announced today that James T. Glerum, Jr. has been appointed to its Board of Directors.

Kevin Kwilinski, Berry’s CEO said, “Our strong financial results in the quarter were consistent with our expectations and our teams executed very well. Notably, we achieved a 2% increase in overall organic volumes, with each four operating segments delivering low-single digit volume growth. At the same time, we delivered a solid increase in our operating EBITDA margins, which were 110 basis points higher than the previous year. We place a high value on honoring our commitments and excellence in execution. This quarter, I’d like to emphasize our team’s outstanding performance in achieving volume and earnings growth, as well as our progression in reducing our leverage and optimizing our portfolio.

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.275 per share. The payment date is September 17, 2024, to stockholders of record as of September 3, 2024.

Global packaging leader, Berry Global Group, Inc. (NYSEBERY), worked with U.S.-based ice cream manufacturer, Wells Enterprises, Inc., to expand its Twist Cones frozen treat line into single-serve, freezer-grade Twist pints for Blue Bunny. The new pints, which offer a new twist on soft serve, are currently available at retailers across the U.S., including Walmart, Kroger, Food Lion, Albertson’s, Safeway, and Publix.

Berry Global Group, Inc. (NYSEBERY), announced today that it will release its third fiscal quarter 2024 results on Friday, August 2, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the consideration payable as set forth in the table below in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc., its wholly owned subsidiary (the “Company”) to purchase for cash its outstanding 4.875% First Priority Senior Secured Notes due 2026 (the “Notes”).

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the early tender results in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc., its wholly owned subsidiary (the “Company”) to purchase for cash its outstanding 4.875% First Priority Senior Secured Notes due 2026 (the “Notes”).

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched May 13, 2024, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”). The Issuer will issue $800,000,000 of its First Priority Senior Secured Notes due 2031 (the “Notes”). The closing of the private placement offering is expected to occur on or about May 28, 2024, subject to the satisfaction of customary closing conditions.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the commencement by Berry Global, Inc., its wholly owned subsidiary (the “Company”), of an offer to purchase for cash (the “Tender Offer”) up to $500,000,000 aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 4.875% First Priority Senior Secured Notes due 2026 (the “Notes”).

Berry Global Group, Inc. (NYSEBERY) (“Berry”) announced today that its wholly-owned subsidiary, Berry Global, Inc. (the “Issuer”), plans to issue a new series of first priority senior secured notes (the “Notes”).

Kevin Kwilinski, Berry’s CEO said, “Berry once again produced solid financial results, consistent with our expectations. Our teams executed well, offsetting an extended period of sluggish macroeconomic demand along with persistent inflation in our primary raw material to start fiscal 2024. We undertook additional structural enhancements across our businesses and increased our original cost savings target of $140 million to $165 million. We continue to expect a $55 million contribution from the program in fiscal 2024 with the additional $25 million to be realized in fiscal 2025. Moving forward, we remain steadfast in our commitment to prudent management and strategic advancement.

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.275 per share. The payment date is June 17, 2024, to stockholders of record as of June 3, 2024.

Berry Global Group, Inc. (NYSEBERY) and Glatfelter Corporation NYSE: GLTNYSEGLT)

Berry Global Group, Inc. (NYSEBERY), announced today that it will release its second fiscal quarter 2024 results on Thursday, May 9, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Global packaging leader Berry Global Group, Inc. (NYSEBERY) released its 2023 Sustainability Report, providing a clear picture of the company’s progress towards its ambitious environmental sustainability, social impact, and corporate governance commitments. The report highlights how Berry is collaborating across the value chain to advance its Impact 2025 strategy, celebrating record achievements like receiving an “A” rating from MSCI, and reaching its short-term Scope 1 and 2 science-based greenhouse gas (GHG) emissions reduction target two years ahead of schedule.

Berry Global, a leader in the design and manufacture of innovative, sustainable packaging solutions recently opened the doors to its “Circular Innovation and Training Center” in Tulsa, Oklahoma. The new 12,000 square foot center will accelerate the development of highly innovative products driven by superior materials science and engineering, foster a collaborative space for training, and incubate cutting-edge stretch film projects that help keep materials in use and out of the environment.

Kevin Kwilinski, Berry’s CEO said, “Berry delivered a solid first quarter result, in line with our expectations, as our teams executed well despite a challenging macro demand environment. Free cash flow was ahead of last year’s first quarter, putting us on track to deliver against our fiscal 2024 guidance, which we reaffirmed today. Our global teams have executed exceptionally well, implementing robust cost reductions and optimizing our product mix across our businesses. This strategic focus is helping to counter the challenges of soft market demand caused by inflation on consumers. As volumes recover we would expect an incremental benefit to earnings on more efficient assets. We are dedicated to delivering long-term value for our shareholders, and remain confident in the strength of our market positions and underlying businesses.

Berry Global Group, Inc. (NYSEBERY) and Glatfelter Corporation NYSE:GLTNYSEGLT)

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.275 per share. The payment date is March 15, 2024, to stockholders of record as of March 1, 2024.

Berry Global Group, Inc. (NYSEBERY), announced today that it will release its first fiscal quarter 2024 results on Wednesday, February 7, 2024, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched January 10, 2024, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”). The Issuer will issue $800,000,000 of its First Priority Senior Secured Notes due 2034 (the “Notes”). The closing of the private placement offering is expected to occur on or about January 17, 2024.

Berry Global Group, Inc. (NYSEBERY) (“Berry”) announced today that its wholly-owned subsidiary, Berry Global, Inc. (the “Issuer”), plans to issue a new series of first priority senior secured notes (the “Notes”).

Kevin Kwilinski, Berry’s new CEO said, “I am pleased to report we exceeded our adjusted earnings per share outlook and significantly beat our free cash flow guidance by over $100 million. Our 3% volume decline in the quarter improved sequentially and was better than expected, as soft market demand was mitigated by market share gains supported by recent capital investments. During the year, our organization took actions and demonstrated agility to offset challenging and volatile global market dynamics characterized by ongoing inflation, soft consumer demand and customer destocking. Our proven business model has generated eleven consecutive years of adjusted earnings per share growth and strong, consistent generation of free cash flow. We are dedicated to delivering long-term value for our shareholders, as evidenced by our $728 million of capital returned in fiscal 2023, through both our share repurchases of $601 million, or approximately 8% of shares outstanding, along with quarterly dividend payments.

Berry Global Group, Inc. (NYSEBERY) today declared a quarterly cash dividend of $0.275 per share, a 10% increase from the previous dividend amount, bringing the new annualized dividend to $1.10 per share. The new quarterly dividend is payable on December 15, 2023, to stockholders of record as of December 1, 2023.

3BL has named Berry Global Group, Inc. (NYSEBERY) to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social, and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies.

Berry Global Group, Inc. (NYSEBERY), will report its fourth quarter and fiscal year 2023 results on Thursday, November 16, 2023, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Berry Global Group, Inc. (NYSEBERY) today announced a five-year power purchase agreement (PPA) with multinational renewable energy leader ACCIONA Energía to power all four of its facilities in Mexico with wind and solar power. Procuring nearly 100,000 megawatt hours (MWh) of cost-effective, renewable energy annually, this agreement is projected to avoid around 40,000 metric tons of carbon dioxide equivalent, or CO2e, annually – equivalent to taking over 15,000 cars off the road. This not only helps Berry meet its climate goals, it also helps Berry’s customers advance their ambitious sustainability goals by providing lower-carbon solutions.

Berry Global Group, Inc. (NYSEBERY) earned an “A” environmental, social, and governance (ESG) rating from international ratings agency MSCI for its progress managing ESG risks and opportunities, including improvements in Carbon Emissions, Labor Management, and Packaging Material and Waste.

Berry Global Group, Inc. (NYSEBERY) (“Berry” or the “Company”), today announced that it has initiated a formal process to evaluate strategic alternatives for its Health, Hygiene and Specialties segment (“HH&S”).

Berry Global Group, Inc. (NYSEBERY) (“Berry” or the “Company”), a leading supplier of packaging solutions for consumer goods and industrial products, today announced that its Board of Directors (the “Board”) has unanimously elected Kevin Kwilinski as Chief Executive Officer of Berry, effective October 2, 2023. In connection with this appointment, the Board has elected Stephen Sterrett, Lead Independent Director, as Chairman of the Board, also effective on October 2, 2023. As previously announced in February 2023, Tom Salmon will retire from his roles as CEO and Chairman, and he will remain with the Company through the end of the calendar year in an advisory capacity to ensure a smooth transition.

Berry’s Chairman and CEO Tom Salmon shared, “We continue to prioritize structural cost improvements, enhance operating efficiencies, and successfully shift our portfolio toward high-value growth products across all of our businesses. Our cost actions, including site rationalizations, moving business to more cost-efficient facilities, and labor cost reductions, have resulted in significant annualized cost savings of now $140 million.. We expect to realize $75 million in fiscal 2023, with the majority of the balance being realized in fiscal 2024. These internal initiatives have been instrumental in driving 3% growth in adjusted earnings per share in the face of a 7% volume decline caused by destocking and overall market softness. Moreover, we are dedicated to delivering long-term value for our shareholders, as evident by our repurchases in fiscal 2023 of $416 million, or another 5.6% of shares outstanding, alongside our quarterly dividend payments. Furthermore, and in line with this commitment, we expect to repurchase nearly 3 million shares, or 2.5% of our total shares outstanding, during our fourth fiscal quarter. Looking ahead, we expect a transition to a more normal operating environment with the easing of inflationary pressures on consumers, and we anticipate sequential volume growth improvement across all four segments in the fourth fiscal quarter.”

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.25 per share. The payment date is September 15, 2023, to stockholders of record as of September 1, 2023.

Berry Global Group, Inc. (NYSEBERY), will report its third fiscal quarter 2023 results on Wednesday, August 9, 2023, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

As the company makes progress on its short-term, science-based climate targets, Berry Global Group, Inc. (NYSEBERY) today commits to achieving net-zero emissions across its global operations and value chain by 2050. The company aims to reduce its total Scope 1, 2, and 3 emissions over 90% and neutralize its remaining residual greenhouse gas (GHG) emissions by 2050. Meeting these goals helps ensure Berry is aligned with a 1.5°C warming scenario and supports the Paris Agreement’s goal of limiting global warming to well-below 2°C.

Berry’s Chairman and CEO Tom Salmon said, “Our business delivered solid second quarter and first half results with adjusted earnings per share growth of 4% and 7%, respectively. During the past several quarters, we have seen supply chain constraints continue to ease, prioritized structural cost improvements and continued our efforts to pivot our portfolio to high-value growth products across all of our businesses. Our cost actions include the rationalizing of 15 facilities across the world, moving business to more efficient cost facilities, and other labor cost reductions from improved productivity. These cost savings initiatives are expected to provide annualized cost savings of $115 million and we expect to realize $70 million in fiscal 2023. These internal actions helped to offset a 6% volume decline driven by destocking and general market softness. We continued our focus on driving long-term value for our shareholders and repurchased $155 million of shares, or another 2.1% of shares outstanding, in the second quarter, while also paying our quarterly dividend. We believe our shares remain undervalued and our repurchases reflect our confidence in the outlook of our business, our long-term strategy, and the strength of our operating model and cash flows.

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.25 per share. The payment date is June 15, 2023, to stockholders of record as of June 1, 2023.

Berry Global Group, Inc. (NYSEBERY), has earned prestigious Climate Change and Supplier Engagement Ratings of A- from global sustainability disclosure non-profit, CDP. This ranks Berry in the top third of global companies who disclosed to the full climate questionnaire in 2022. Calculated based on environmental disclosures and performance, CDP ratings underscore Berry’s commitment to combatting climate change and effectively engaging its suppliers on the issue.

Berry Global Group, Inc. (NYSEBERY), Berry Global, a leader in the design and production of innovative, sustainable packaging solutions, will begin developing its International Center of Excellence and Circular Innovation Hub in Barcelona, Spain as early as third quarter 2023. Leveraging the company’s unmatched global capabilities, sustainability leadership, and deep innovation expertise, the new, centrally located center of excellence will:

Berry Global Group, Inc. (NYSEBERY), a leader in the design, development, and production of innovative, sustainable stretch films has begun expanding one of its leading stretch film manufacturing facilities in Lewisburg, Tennessee for completion by early 2024. The 25,000 square foot expansion will support the growing demand for Berry’s highest performing, sustainable stretch films by creating space for three new cast lines, upgrading the capacity of the facilities existing post-industrial resin (PIR) reprocessing system, and extending its rail spur for resin material handling. In coordination of the expansion, Berry will add ten new jobs in the Lewisburg facility.

Berry Global Group, Inc. (NYSEBERY), will report its second fiscal quarter 2023 results on Thursday, May 4, 2023, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today (i) the consideration payable as set forth in the table below in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc. (the “Company”) to purchase for cash its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”), (ii) the amendment of the Tender Offer to increase the aggregate principal amount from $100,000,000 to $495,397,000 (as amended, the “Maximum Tender Amount”), (iii) that the Early Settlement Date (as defined below) is expected to be March 30, 2023, subject to all conditions to the Tender Offer having been satisfied or waived by the Company, and (iv) the extension of the final expiration time of the Tender Offer to 11:59 p.m., New York City time, on April 10, 2023 (as extended, the “Expiration Time”), unless earlier terminated.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the pricing of a private placement launched March 27, 2023, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”). The Issuer will issue $500,000,000 of its First Priority Senior Secured Notes due 2028 (the “Notes”). The closing of the private placement offering is expected to occur on or about March 30, 2023.

Berry Global Group, Inc. (NYSEBERY) (“Berry”) announced today that its wholly-owned subsidiary, Berry Global, Inc. (the “Issuer”), plans to issue a new series of first priority senior secured notes (the “Notes”).

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today that it has amended its previously announced tender offer (the “Tender Offer”) to purchase for cash its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”) by extending the following dates and times with respect to the Tender Offer:

Berry Global Group, Inc. (NYSEBERY) proudly accepts its ranking as second out of 26 in the Containers & Packaging sector of the World Benchmarking Alliance’s 2022 Nature Benchmark. The Nature Benchmark is the first comprehensive assessment to measure and rank the world’s most influential companies on their efforts to protect our environment and its biodiversity, covering nearly 400 companies across eight industries.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today that it has amended its previously announced tender offer (the “Tender Offer”) to purchase for cash its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”) by extending the following dates and times with respect to the Tender Offer:

Berry Global Group, Inc. (NYSEBERY) released its 2022 Impact Report, delivering a comprehensive and transparent assessment of the company’s progress towards its global Environmental, Social, and Governance (ESG) commitments. The 2022 Impact Report is focused on celebrating record achievements, leveraging key learnings to achieve “More Together,” and highlighting how Berry is advancing its Impact 2025 strategy. To date, Berry has reduced its operational (Scope 1 and 2) greenhouse gas (GHG) emissions by an impressive 21%, expecting to achieve its science-based target of a 25% reduction from 2019 prior to its 2025 goal.

Berry Global Group, Inc. (NYSEBERY) today announced that it will be expanding its line of high-performance building wraps through the launch of TYPAR® DrainableWrap™, the Company’s first drainable building wrap engineered to protect multi-story structures from the elements and manage excess moisture. TYPAR DrainableWrap Commercial has joined TYPAR MetroWrap in the brand’s growing portfolio of building wraps designed specifically for commercial structures.

Berry Global Group, Inc. (NYSEBERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the commencement by Berry Global, Inc., its wholly owned subsidiary (the “Company”), of an offer to purchase for cash (the “Tender Offer”) up to $100,000,000 aggregate principal amount (the “Maximum Tender Amount”) of its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”).

For the first time, Berry Global Group, Inc. (NYSEBERY) has been named one of America’s Best Large Employer by Forbes based on direct and indirect recommendations from employees. Of the thousands of companies evaluated, Berry proudly accepts its ranking of 371 out of 500 large employers and 15 within the Engineering, Manufacturing category. Berry is one of 20 organizations within the sector and the only company on the list among its peers in the plastic converting space.

Berry Global Group, Inc. (NYSEBERY), recently announced the appointment of Anastasia Matthews to the role of Vice President – Global Diversity & Inclusion/Corporate Human Resources. In her new role, Matthews is leading Berry’s Executive D&I Council and D&I Global Workgroup in the development and execution of an updated diversity and inclusion strategy. This strategy will seek to advance the company’s commitment to fostering an environment that is inclusive of a broad range of cultures, backgrounds, and experiences represented among its employees, customers, and suppliers.

Berry Global Group, Inc. (NYSEBERY), a global leader in the manufacture of packaging, today announced the launch of Berry Global Tooling Services, a consolidation of Berry’s regional global tooling operations into one comprehensive source of expertise, while maintaining the regional insights and local support services from across its more than ten global tooling manufacturing locations. As a result, Berry’s current and future customers will have unique access to a full suite of tooling capabilities, including injection, blow, compression, and thermo-forming molds that can be integrated into their existing product orders.

Berry Global Group, Inc. (NYSEBERY) (“Berry” or the “Company”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today that Thomas “Tom” E. Salmon will retire as Chief Executive Officer and Chairman of the Board effective December 31, 2023. The Board, as part of its long-standing succession planning work, has engaged Spencer Stuart, a leading executive search firm, to assist with the identification of a successor, considering both internal and external candidates.

Berry’s Chairman and CEO Tom Salmon said, “Our businesses delivered solid first quarter results, including 3% EBITDA growth and 11% adjusted earnings per share growth. We have made significant progress recovering inflation along with contributions from our cost reduction initiatives, and delivered strong price cost spread in the quarter. These internal actions helped to offset a 6% volume decline primarily driven by softer market demand, in line with many of our large global customers. We continued our focus on driving long-term value for our shareholders and repurchased $178 million of shares, or another 2.4% of shares outstanding, in the quarter, while also paying our first-ever quarterly dividend. We believe our shares remain undervalued and our repurchases reflect our confidence in the outlook of our business, our long-term strategy, and the strength of our operating model and cash flows.

Berry Global Group, Inc.’s (NYSEBERY) board of directors today declared a quarterly cash dividend of $0.25 per share. The payment date is March 15, 2023, to stockholders of record as of March 1, 2023.

Berry Global Group, Inc. (NYSEBERY), a leader in the design, development, and production of patient-centered healthcare solutions, will begin product production at its new manufacturing facility and healthcare center of excellence in Bangalore, India as early as April 2023. Leveraging the company’s innovative research and development (R&D) solutions, this new Greenfield expansion project will:

After winning a prestigious sustainability award at PACK EXPO International last month for this circular solution, Berry Global Group, Inc. (NYSEBERY) is the first plastic packaging manufacturer in Europe to supply The Coca-Cola Company with a lightweight, tethered closure for its carbonated soft drinks in PET (polyethylene terephthalate) bottles. Bolstered by the European Union (EU) Single-Use Plastics Directive, Berry’s new tethered closure for Coca-Cola is designed to remain intact with the bottle – making it less likely to be littered and more likely to be recycled.

Berry Global Group, Inc. (NYSEBERY), will report its first fiscal quarter 2023 results on Thursday, February 2, 2023, before trading begins on the New York Stock Exchange. At 10 a.m. Eastern Time on that day, Berry will hold its quarterly conference call on the Company’s results and performance.

For the second year in a row, Berry Global Group, Inc. (NYSEBERY) proudly accepts its top 50 ranking among America’s Most Responsible Companies, presented by Newsweek and global research firm Statista, Inc. Ranking 47 out of 500 of the most responsible companies in the United States across fourteen industry subcategories, Berry is recognized for its commitment to environmental, social, and corporate governance (ESG). The ranking takes on a holistic view of corporate responsibility that considers all three pillars of ESG.

Berry Global Group, Inc. (NYSEBERY) (“Berry” or the “Company”), a leading supplier of packaging solutions for consumer goods and industrial products, today announced the appointments of three new independent members of the Company’s Board of Directors (the “Board”) and the formation of a Capital Allocation Committee. In connection with these enhancements, which align with Berry’s ongoing focus on Board refreshment and maintaining strong governance, the Company also entered into a mutual cooperation agreement (the “Agreement”) with shareholders Ancora Holdings Group, LLC (“Ancora”) and Eminence Capital, L.P. (“Eminence”).

Berry Global Group, Inc. (NYSEBERY) received a “Prime” environmental, social, and governance (ESG) rating from the Institutional Shareholder Services group of companies (ISS), advancing the Company to second decile in the packaging sector. Complementing Berry’s improved ESG ratings from MSCI and other top agencies, ISS’ Prime rating is awarded to companies that meet specific minimum standards in successfully managing sustainability-related risks and opportunities and achieve the best ESG scores among their sector peers.

Berry Global Group, Inc. (NYSEBERY), a leading supplier of sustainable packaging solutions for consumer goods and industrial products, today reported its fourth quarter and fiscal year 2022 results, referred to in the following as the September 2022 quarter and fiscal 2022.

Berry Global Group, Inc. (NYSEBERY), announced today that its Board of Directors has authorized the initiation of a quarterly cash dividend on the Company’s outstanding common stock at a rate of $0.25 per share. The first dividend will be paid on December 15, 2022, to shareholders of record as of the close of business on December 1, 2022.

Recognized in the Food/Beverage category, Berry Global Group, Inc. (NYSEBERY) received a Technology Excellence Award from The Association for Packaging and Processing Technologies (PMMI) for its Proxima tethered closure with tamper-evident band. This innovative packaging solution cuts down on waste by securing the closure to the bottle and improving recyclability.