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| 8-K - FORM 8-K - SILGAN HOLDINGS INC | form8kdividend2-12.htm |
EXHIBIT 99.1
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News
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For Immediate Release
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4 Landmark Square
Suite 400
Stamford, CT 06901
Telephone: (203) 975-7110
Fax: (203) 975-7902
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Contact:
Robert B. Lewis
(203) 406-3160
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SILGAN INCREASES DIVIDEND
AND DECLARES QUARTERLY DIVIDEND
STAMFORD, CT, February 16, 2012-- Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, announced today that based on its continued strong financial performance and business prospects its Board of Directors declared a $0.12 per share quarterly cash dividend, payable on March 26, 2012 to the holders of record of the common stock of the Company on March 12, 2012. This represents a 9.1% increase in the Company’s quarterly cash dividend, which the Company has increased every year since it began paying cash dividends in 2004.
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Silgan Holdings is a leading supplier of rigid packaging for consumer goods products with annual net sales of approximately $3.5 billion in 2011. Silgan operates 82 manufacturing facilities in North and South America, Europe and Asia. Silgan is a leading supplier of metal containers in North America and Europe, and a leading worldwide supplier of metal, composite and plastic vacuum closures for food and beverage products. In addition, Silgan is a leading supplier of plastic containers for personal care products in North America.
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