SILGAN HOLDINGS INC

Silgan Holdings Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.21 per share on its common stock. This dividend will be paid on December 15, 2026, to shareholders of record on December 1, 2026. The company highlighted its consistent dividend payment history, having paid a quarterly cash dividend for ninety-one consecutive quarters since 2004. Silgan is a leading supplier of sustainable rigid packaging solutions with approximately $6.5 billion in annual net sales for 2025.

Silgan Holdings Inc. reported mixed results for the second quarter of 2026, with net sales increasing by 6.8% to $1.64 billion, while net income decreased by 14.8% to $75.8 million. Diluted EPS also fell by 13.3% to $0.72. The company repaid $500 million of its 1.4% Senior Secured Notes and increased its quarterly dividend per share.

Silgan Holdings Inc. reported second-quarter 2026 net sales of $1.64 billion, a 7% increase year-over-year, while GAAP net income decreased to $75.8 million, or $0.72 per diluted share. Adjusted net income per diluted share was $0.98, slightly down from $1.01 in the prior year. The company highlighted strong operational execution, high single-digit volume growth in fragrance and pet food markets, and a new long-term supply agreement. Silgan reaffirmed its full-year 2026 adjusted EPS guidance of $3.73 to $3.93 and free cash flow of approximately $450 million.

Silgan Holdings Inc. stockholders approved the First Amendment to the Second Amended and Restated 2004 Stock Incentive Plan at their annual meeting. This amendment increases the shares available for grant by 4,000,000, raises the restricted share limit for participants, establishes a 5% share pool for grants without minimum vesting (excluding the CEO), and extends the plan's term to June 30, 2031. Additionally, stockholders elected three directors, ratified Ernst & Young LLP as the independent auditor for 2026, and approved the non-binding advisory vote on executive compensation.

Silgan Holdings Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.21 per share on its common stock. This dividend is payable on June 15, 2026, to shareholders of record as of June 1, 2026. The company highlighted its consistent history of paying and increasing its quarterly cash dividend for eighty-nine consecutive quarters since 2004.

Silgan Holdings reported a 6.4% increase in consolidated net sales to $1.56 billion for the first quarter of 2026. However, income before interest and income taxes decreased by $3.9 million to $126.6 million, and the gross profit margin declined to 17.0%. The sales increase was driven by higher raw material pass-through costs, favorable foreign currency translation, and higher unit volumes in metal containers, partially offset by lower volumes in other segments and an unfavorable product mix.

Silgan Holdings Inc. reported first quarter 2026 net sales of $1.56 billion, a 6% increase year-over-year, while net income decreased to $63.0 million from $68.0 million in Q1 2025. Adjusted diluted EPS for the quarter was $0.78, down from $0.82. Despite mixed Q1 results, the company increased its full-year 2026 adjusted diluted EPS estimate to a range of $3.73 to $3.93 and confirmed its 2026 free cash flow estimate of approximately $450 million, driven by strong volume growth in dispensing products and pet food metal containers.