Previous close | 47.80 |
Open | 47.00 |
Bid | 47.00 x N/A |
Ask | 47.80 x N/A |
Day's range | 46.80 - 48.00 |
52-week range | 46.20 - 56.50 |
Volume | |
Avg. volume | 0 |
Market cap | 4.654B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 12.65 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.93 (4.12%) |
Ex-dividend date | 09 May 2024 |
1y target est | N/A |
Sonoco (SON) is set to acquire Eviosys to augment its metal packaging business.
The U.S. packaging firm expects to achieve more than $100 million in synergies from the integration of Eviosys with Sonoco's complementary metal can business. The deal, expected to close by end-2024 subject to certain conditions, will immediately add to Sonoco's adjusted earnings per share (EPS) and result in a more than 25% increase to its 2025 adjusted EPS. KPS Capital Partners said in a statement Sonoco has the option, under certain circumstances, to pay up to $200 million of the purchase consideration with its stock.
Key Insights Institutions' substantial holdings in Sonoco Products implies that they have significant influence over...