Crown Holdings Announces Intention To Transfer $740 Million in US Pension Plan Obligations
Publish Date
Friday, August 30, 2024
TAMPA, Fla., Aug. 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) announced that it has entered into an agreement to purchase a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to fully guarantee benefits covered under the contract for nearly all of the retirees and deferred vested participants in its primary US defined benefit plans. The...
Crown Holdings, Inc. Announces Pricing of Senior Notes
Publish Date
Tuesday, July 30, 2024
TAMPA, Fla., July 30, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that it has priced an offering of €600 million aggregate principal amount of 4.500% senior unsecured notes due 2030 issued at par by its subsidiary Crown European Holdings S.A. The notes will be unconditionally guaranteed by Crown and certain of its subsidiaries. Crown intends to use...
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Crown Holdings, Inc. Authorizes $2.0 Billion of Share Repurchases
Publish Date
Monday, July 29, 2024
TAMPA, Fla., July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors authorized the repurchase of an aggregate amount of up to $2.0 billion of Company stock through the end of 2027. The new authorization, which supersedes the previous authorization announced on December 9, 2021, reflects the Company's strong balance sheet and cash...
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Crown Announces Significant Progress Against Scope 3 GHG Emissions Goal in Latest Sustainability Report
Publish Date
Monday, July 29, 2024
Report details Company's collective effort to achieve goals outlined in its Twenty by 30™ program TAMPA, Fla., July 29, 2024 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) (Crown) ( www.crowncork.com) has released its 2023 Sustainability Report detailing the Company's global sustainability activities, including being on track to meet its Scope 3 emissions reduction goal ahead of its 2030 deadline. The...