Every material Form 8-K AptarGroup filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AptarGroup reported third quarter 2024 results for the quarter ended September 30, with reported sales up 2% to $909 million and net income up 19% to $100 million. Diluted earnings per share rose 17% to $1.48, and adjusted EPS rose 6% to $1.49, and the company expects fourth quarter 2024 adjusted EPS of $1.22 to $1.30, which would put full-year adjusted EPS at $5.34 to $5.42.
Q3 2024 reported sales rose 2% to $909 million; net income rose 19% to $100 million
Q3 adjusted EBITDA rose 8% to $208 million, a 23% margin
Q4 2024 adjusted EPS guidance is $1.22 to $1.30, versus $1.24 in Q4 2023
Board authorized $500 million in share repurchases and a $0.45 quarterly dividend payable November 14, 2024
AptarGroup said CFO Robert Kuhn will retire as CFO on December 31, 2024, and as principal accounting officer on July 31, 2024. Vanessa Kanu, former CFO of TELUS International and Mitel Networks, will become EVP and CFO on January 1, 2025, and Daniel Ackerman, the company's corporate controller since 2015, will become Chief Accounting Officer on August 1, 2024.
Robert Kuhn, CFO since 2008, retires as CFO on December 31, 2024, and as principal accounting officer on July 31, 2024, and will serve as an advisor for one year at $10,000 per month.
Vanessa Kanu's employment agreement sets a $720,000 base salary, a $300,000 sign-on payment and a restricted stock unit grant with a $700,000 grant date fair value.
Kanu is expected to join as CFO designate, with a start date no later than November 1, 2024, subject to U.S. visa approval.
Daniel Ackerman becomes Chief Accounting Officer on August 1, 2024, with a restricted stock unit grant with a $750,000 grant date fair value.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every AptarGroup filing is on SEC EDGAR ↗. 8-K briefs of other companies →