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BRIEF-Sonoco Announces $150 Mln Accelerated Share Repurchase

05/11/2021 08:26
BRIEF-Sonoco Announces $150 Mln Accelerated Share Repurchase

- Sonoco Products Co SON.N:

  • SONOCO ANNOUNCES $150 MILLION ACCELERATED SHARE REPURCHASE

  • SONOCO - UNDER ASR AGREEMENT, SONOCO WILL PAY $150 MILLION IN EXCHANGE FOR AN INITIAL DELIVERY OF APPROXIMATELY 1.75 MILLION SHARES

  • SONOCO - FINAL SETTLEMENT OF ASR TRANSACTION IS EXPECTED TO OCCUR NO LATER THAN Q3 OF 2021.

Source text for Eikon: ID:nGNX13qMKm

Further company coverage: SON.N


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