Every material Form 8-K Silgan has filed with the SEC since November 08, 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.
Silgan signed a consent to its credit agreement with Wells Fargo as administrative agent, letting lenders designate a new subsidiary, Silgan Metal Packaging LLC, as an unrestricted subsidiary. The change supports the planned contribution of several container and closure businesses to that entity under the October 17, 2026 Transaction Agreement. The filing gives no financial results or deal value, so the near-term effect on shareholders is not quantified here.
Consent to Amended and Restated Credit Agreement dated November 6, 2026, with Wells Fargo Bank, National Association, as Administrative Agent
Silgan Metal Packaging LLC (MetalCo) to be designated an Unrestricted Subsidiary, releasing it as a guarantor under the credit agreement
Business Contribution tied to the Transaction Agreement dated October 17, 2026 with A-VL Holdco, LP
If the MetalCo Transactions do not close, MetalCo and its subsidiaries will cease to be Unrestricted Subsidiaries
Silgan Holdings' Board declared a quarterly cash dividend of $0.21 per share, payable December 15, 2026 to shareholders of record on December 1, 2026. The press release says the company has increased this quarterly dividend every year for ninety-one consecutive quarters since 2004.
Quarterly cash dividend of $0.21 per share declared November 3, 2026
Payable December 15, 2026 to holders of record on December 1, 2026
Filing states the dividend has been increased every year for ninety-one consecutive quarters since 2004
Silgan reported third-quarter 2026 net sales of $2.04 billion, up 2%, but GAAP net income fell to $105.0 million, or $0.99 per diluted share, from $113.3 million, or $1.06, a year earlier. Adjusted EPS rose to $1.31 from $1.22, and the company narrowed its 2026 adjusted EPS estimate to $3.83 to $3.93 from $3.73 to $3.93, which raises the midpoint.
Net sales were $2.04 billion, up $31.5 million or 2%, mainly from passing through higher raw material costs to customers.
GAAP net income was $105.0 million ($0.99 per diluted share) versus $113.3 million ($1.06) in Q3 2025; EBIT was $191.7 million, down $7.0 million.
Adjusted EPS was $1.31 versus $1.22; the 2026 adjusted EPS estimate was revised to $3.83 to $3.93 from $3.73 to $3.93.
Q4 2026 adjusted EPS is estimated at $0.76 to $0.86; 2026 free cash flow is still expected to be approximately $450 million.
On October 17, 2026, Silgan and its subsidiary Silgan Holdings LLC agreed to form a partnership with A-VL Holdco, LP, an investment vehicle affiliated with funds managed by AIP, LLC, in which Silgan's Metal Containers and Closures Business would be contributed to a new entity, MetalCo. The partnership is also linked to MetalCo's proposed purchase of Trivium Packaging B.V., which the filing describes as subject to a put option and consultation processes. The closing is subject to conditions, including the concurrent Trivium closing, so shareholders will not see a completed transaction until those conditions are met.
A-VL Investor will contribute $1.025 billion in cash to MetalCo for 40% of its Class A voting units; Silgan will receive 60% of those units and a distribution of $2.263 billion, less any New Silgan Debt amount.
Silgan may incur up to $1.0 billion of new debt before the closing, which MetalCo would assume.
MetalCo has a put option to buy 100% of Trivium shares for a cash payment of approximately $327.5 million, plus assumption of approximately $3.1 billion of Trivium debt, exercisable after required consultations with an outside date of nine
The Transaction Agreement can be terminated if closing has not occurred by October 15, 2027.
Silgan Holdings said it will combine its Metal Containers and Food and Beverage Flat Cap Closures businesses with Trivium Packaging in a partnership with funds affiliated with American Industrial Partners (AIP), with the partnership acquiring Trivium in an all-cash deal at a $3.4 billion enterprise value. Silgan expects about $2.3 billion of cash proceeds and a 60% stake in the new partnership, and it expects the deal to be at least 15% accretive to adjusted EPS and free cash flow, including $225 million of expected synergies. The deal is expected to close in mid-2027, subject to regulatory approvals and other conditions, and Silgan confirmed its third-quarter and full-year 2026 adjusted EPS outlook.
Silgan MCC will combine Silgan's Metal Containers and Flat Cap Closures businesses with Trivium at a $3.4 billion enterprise value for Trivium, or 7.1x LTM Adjusted EBITDA
Silgan receives approximately $2.3 billion of cash proceeds and retains 60% ownership; AIP holds 40% and contributes approximately $1.0 billion of cash equity
Expected synergies of $225 million by year three, with about $75 million in year one and $150 million in year two; Silgan expects at least 15% adjusted EPS accretion
Expected close in mid-2027; Silgan MCC net leverage estimated at about 4.0x pro forma
Silgan Holdings agreed with Executive Vice President and Chief Operating Officer Philippe Chevrier that his employment will end on September 30, 2026. The filing does not state a reason for the departure or name a successor, so shareholders cannot yet judge how it affects operations.
Agreement reached September 2, 2026 between Silgan and Philippe Chevrier
Chevrier's employment ends September 30, 2026
Chevrier holds the title of Executive Vice President and Chief Operating Officer
The filing does not name a successor or give a reason for the departure
Silgan Holdings reported second quarter 2026 net sales of $1.64 billion, up 7% from a year earlier, driven mainly by the pass-through of higher raw material costs. Net income fell to $75.8 million, or $0.72 per diluted share, from $89.0 million, or $0.83, a year earlier, and the company confirmed its full-year 2026 adjusted EPS estimate of $3.73 to $3.93.
Q2 2026 net sales were $1.64 billion, up $104.1 million, or 7%, from $1.54 billion in Q2 2025.
Q2 2026 net income was $75.8 million ($0.72 per diluted share) versus $89.0 million ($0.83) a year earlier; adjusted EPS was $0.98 versus $1.01.
Income before interest and income taxes (EBIT) was $151.0 million, down $16.5 million from $167.5 million.
The company confirmed 2026 adjusted EPS of $3.73 to $3.93 and free cash flow of about $450 million; third quarter adjusted EPS is estimated at $1.21 to $1.31 versus $1.22 in Q3 2025.
At its May 26, 2026 annual meeting, Silgan stockholders approved an amendment adding 4,000,000 shares to the Second Amended and Restated 2004 Stock Incentive Plan and extending the plan's term to June 30, 2031. Stockholders also re-elected three directors and ratified Ernst & Young LLP as auditor for fiscal 2026, and the filing shows routine governance votes with no change in financial results.
Stockholders approved the plan amendment: 99,176,056 for, 793,665 against, 38,196 abstain.
The amendment adds 4,000,000 shares and raises the per-participant restricted share limit from 900,000 to 1,200,000 over any 36 consecutive months.
Ernst & Young LLP was ratified as auditor for the fiscal year ending December 31, 2026, with 102,474,220 votes for.
Non-binding say-on-pay vote: 96,755,314 for and 3,231,739 against.
Silgan reported first-quarter 2026 net sales of $1.56 billion, up 6% from a year earlier, mainly from passing through higher raw material costs. Net income fell to $63.0 million, or $0.60 per diluted share, from $68.0 million, or $0.63, a year earlier, and the company raised its full-year 2026 adjusted EPS estimate to $3.73 to $3.93 from $3.70 to $3.90.
Q1 2026 net sales $1.56 billion, up $94.6 million (6%); EBIT $126.6 million, down $3.9 million from $130.5 million
Q1 2026 adjusted EPS $0.78 versus $0.82 a year earlier; GAAP diluted EPS $0.60 versus $0.63
Full-year 2026 adjusted EPS estimate raised to $3.73 to $3.93 from $3.70 to $3.90; free cash flow estimate of approximately $450 million confirmed
Q2 2026 adjusted EPS estimate of $0.92 to $1.02 versus $1.01 in Q2 2025
Silgan Holdings reported full-year 2025 net sales of $6.5 billion and net income of $288.4 million, or $2.70 per diluted share, up from $276.4 million in 2024, and adjusted EPS of $3.72, up 3%. Fourth-quarter net income fell to $18.2 million, or $0.17 per diluted share, from $45.1 million, with $32.5 million of rationalization charges, and the company guided 2026 adjusted EPS to $3.70 to $3.90 while first-quarter 2026 adjusted EPS is expected at $0.70 to $0.80 versus $0.82 a year earlier.
Full-year 2025 net sales were $6.5 billion, up $628.5 million or 11%, and net income was $288.4 million, or $2.70 per diluted share, versus $2.58 in 2024.
Fourth-quarter 2025 net income was $18.2 million, or $0.17 per diluted share, versus $45.1 million, or $0.42, a year earlier; rationalization charges were $32.5 million.
Adjusted EPS for 2026 is estimated at $3.70 to $3.90, compared with $3.72 in 2025.
Adjusted EPS for the first quarter of 2026 is estimated at $0.70 to $0.80, compared with $0.82 in the first quarter of 2025.
Silgan Holdings elected Shawn C. Fabry as Executive Vice President and Chief Financial Officer effective November 6, 2025, as part of continued succession planning. Former CFO Kimberly Ulmer moved to Senior Vice President and Chief Accounting Officer, and Robert B. Lewis announced plans to retire as an employee effective March 31, 2026 while remaining a director.
Shawn C. Fabry, age 48, named CFO effective November 6, 2025; he most recently served as Senior Vice President, Corporate Development
Kimberly I. Ulmer, age 58, moved from CFO to Senior Vice President and Chief Accounting Officer
Robert B. Lewis to retire as Executive Vice President, Corporate Development and Administration effective March 31, 2026, and will continue as a director
Alexander G. Hutter, age 40, named Senior Vice President, Strategy and Investor Relations
Silgan reported third quarter 2025 net sales of $2.01 billion, up 15%, and diluted EPS of $1.06, up from $0.93, with adjusted EPS of $1.22, up 1%. The company cut its full-year 2025 adjusted EPS estimate to $3.66 to $3.76 from $3.85 to $4.05, citing lower customer volume forecasts in North American personal and home care and higher tax and interest expense, which weighs on shareholder earnings expectations despite the stronger quarter.
Q3 2025 net sales $2.01 billion, up $263.6 million (15%) from $1.75 billion, driven mainly by the Weener acquisition and higher raw material pass-through costs
Q3 2025 net income $113.3 million, or $1.06 per diluted share, versus $100.1 million, or $0.93, a year earlier; adjusted EPS $1.22 versus $1.21
2025 adjusted EPS estimate lowered to $3.66 to $3.76 from $3.85 to $4.05; Q4 2025 adjusted EPS estimate of $0.62 to $0.72 versus $0.85 in Q4 2024
Company confirmed 2025 free cash flow estimate of $430 million and raised 2025 interest expense estimate to about $190 million from about $185 million
Silgan Holdings completed the sale of €600 million of 4.25% senior notes due 2031 on September 12, 2025, at 100% of principal. The company used the roughly €592.8 million of net proceeds to repay revolving loan borrowings under its senior secured credit facility, shifting debt from a floating revolver to fixed-rate notes maturing in 2031.
Notes: €600 million aggregate principal, 4.25% annual interest, paid semiannually starting February 15, 2026, maturing February 15, 2031
Net proceeds of approximately €592.8 million after initial purchasers' discount and offering expenses, used to repay revolving loans under the Credit Agreement
Notes are senior unsecured, guaranteed by certain U.S. subsidiaries, and effectively subordinated to existing secured debt including the Credit Agreement and 1.4% Notes due April 1, 2026
Silgan Holdings agreed on September 3, 2025 to sell €600 million of 4.25% senior notes due 2031 at 100 percent of principal, with closing expected on or about September 12, 2025. The company expects net proceeds of about €592.8 million, which it plans to use mainly to repay revolving loan borrowings under its credit agreement and for general corporate purposes.
Notes: €600 million aggregate principal, 4.25% coupon, maturing February 15, 2031, sold at 100 percent of principal
Expected net proceeds of approximately €592.8 million after the initial purchasers' discount and offering expenses
Proceeds mainly to repay outstanding revolving loan borrowings under the senior secured credit facility; closing expected on or about September 12, 2025
Silgan Holdings reported second quarter 2025 net sales of $1.54 billion, up 11%, and net income of $89.0 million, or $0.83 per diluted share, compared with $0.71 a year earlier. The company cut its full-year 2025 adjusted EPS estimate to $3.85 to $4.05 from $4.00 to $4.20 and lowered its free cash flow estimate to about $430 million, citing lower specialty closures volumes and a recent customer bankruptcy in North American Metal Containers.
Q2 2025 net sales were $1.54 billion, up $157.8 million or 11%, mainly from the Weener acquisition and the pass-through of higher raw material costs.
Q2 2025 net income was $89.0 million, or $0.83 per diluted share, versus $0.71 in Q2 2024; adjusted EPS rose 15% to $1.01.
2025 adjusted EPS estimate was lowered to $3.85 to $4.05 from $4.00 to $4.20.
2025 free cash flow estimate was lowered to about $430 million from about $450 million.
Silgan Holdings disclosed that Thomas J. Snyder, President of Silgan Containers, its U.S. metal container operations, resigned to pursue another opportunity. He notified the company on June 3, 2025, and his last day of employment was June 4, 2025. The filing does not name a successor or describe any effect on operations or financial results.
Thomas J. Snyder resigned as President of Silgan Containers, notifying the company on June 3, 2025
Snyder's last day of employment was June 4, 2025
He is leaving to pursue another opportunity; no successor is named in the filing
Silgan Holdings reported record first-quarter 2025 net sales of $1.47 billion, up 11% from a year earlier, and GAAP net income of $68.0 million, or $0.63 per diluted share, versus $0.52 a year earlier. The company confirmed its full-year 2025 adjusted EPS estimate of $4.00 to $4.20 and its free cash flow estimate of approximately $450 million.
Q1 2025 net sales were a record $1.47 billion, up $149.7 million, or 11%, helped by the Weener acquisition and organic volume growth.
Q1 2025 adjusted diluted EPS rose 19% to a record $0.82, versus $0.69 in Q1 2024; GAAP diluted EPS was $0.63 versus $0.52.
For 2025, the company confirmed adjusted diluted EPS of $4.00 to $4.20 and expects Q2 adjusted diluted EPS of $0.98 to $1.08.
Silgan reported fourth quarter and full year 2024 results on January 29, 2025. Q4 net sales rose 5% to $1.4 billion and adjusted diluted EPS rose 35% to $0.85, but GAAP net income fell to $45.1 million ($0.42 per diluted share) from $64.4 million ($0.60). The company expects 2025 adjusted diluted EPS of $4.00 to $4.20, which it says is a 13% increase at the midpoint over 2024.
Q4 2024 net sales $1.4 billion, up $71.1 million (5%), mainly from the Weener Packaging acquisition
Full year 2024 net income $276.4 million ($2.58 per diluted share) vs. $326.0 million ($2.98) in 2023; adjusted EPS $3.62 vs. $3.40
Q4 rationalization charges $21.4 million, tied to the announced restructuring program
2025 guidance: adjusted diluted EPS $4.00 to $4.20; free cash flow approximately $450 million
Silgan Holdings elected Philippe Chevrier as Executive Vice President and Chief Operating Officer, effective February 3, 2025. He most recently served as President of the Americas and Global Fibers business at Hexcel Corporation, from January 2023 through January 2025. The filing sets out his pay and severance terms but does not describe any effect on Silgan's financial results.
Effective date is February 3, 2025; Mr. Chevrier is 49 years old.
Annual salary of $675,000, rising to $715,000 upon relocation to the Connecticut area; target annual bonus of 75% of salary.
$100,000 relocation bonus, plus eligibility for equity grants under the Second Amended and Restated Stock Incentive Plan.
Severance if terminated without cause equals his annual salary plus his target bonus for the year of termination.
On November 4, 2024, Silgan Holdings entered into a Fifth Amendment to its credit agreement with Wells Fargo Bank as administrative agent. The amendment extends revolving loan and term loan maturities by about three years, raises Euro term loans by €200 million, and removes springing maturity provisions tied to certain senior notes. For shareholders, the change lengthens the company's debt maturity schedule and adds borrowing flexibility, and the filing reports no earnings figures.
Revolving loan maturity extended to November 4, 2029, from November 9, 2026; term loan maturity extended to November 4, 2030, from November 9, 2027
Euro term loans increased from €700 million to €900 million, with €168 million of revolving loans used for the Weener Plastics acquisition in October 2024 to be repaid
Uncommitted multi-currency incremental loan facility increased from $1.25 billion to $1.5 billion
Springing maturity provisions tied to the 3¼% Senior Notes due 2025 and 1.4% Senior Secured Notes due 2026 were removed
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 Silgan filing is on SEC EDGAR ↗. 8-K briefs of other companies →