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Stock impact report

Crown Holdings, Inc. Announces Comprehensive Review Of Portfolio And Capital Allocation/Return To Drive Shareholder Value

Crown Holdings, Inc. (CCK) 
Last crown holdings, inc. earnings: 4/20 04:30 pm Check Earnings Report
US:NYSE Investor Relations: crowncork.com/investors
Company Research Source: PR Newswire
YARDLEY, Pa., Nov. 5, 2019 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) ("Crown") today announced that it will conduct a comprehensive Board-led review of its portfolio and capital allocation/return to ensure that the Company maintains its strong competitive position and its continued stock price outperformance."In 2019, Crown and its shareholders have benefitted from our strategic plan with a 75% total shareholder return, far in excess of our peers and most relevant indices," said Chief Executive Officer Timothy J. Donahue. "Our stock currently trades near an all-time high, with our robust performance driven by the leading market positions of our businesses and our commitment to operational excellence and continuous cost reduction across the entire platform.  We continue to invest to meet accelerating global demand for beverage cans as evidenced by an expected increase in beverage can capacity in excess of 10% in 2019 and 2020.  In addition, we expect the strong and stable cash f Show less Read more
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