Baker Elected Vice President, Shareholders Re-Elect Three Directors, Company Declares Dividend
April 27 2005 - 1:34PM
PR Newswire (US)
Baker Elected Vice President, Shareholders Re-Elect Three
Directors, Company Declares Dividend BROOMFIELD, Colo., April 27
/PRNewswire-FirstCall/ -- Charles E. Baker, who became Ball
Corporation's (NYSE:BLL) general counsel and assistant corporate
secretary in 2004, was elected today vice president, general
counsel and assistant corporate secretary by the Ball board of
directors during the board's regular meeting. Baker, 47, joined
Ball Corporation in 1993 after 10 years with the law firm of Fraser
& Beatty in Toronto. At Ball, he served as director, business
development; director, corporate compliance; and senior director,
business development before becoming associate general counsel in
1999. In addition, Ball's shareholders re-elected to the board
George M. Smart, Theodore M. Solso and Stuart A. Taylor II at the
company's annual meeting held today. All three directors were
re-elected to serve three-year terms expiring in 2008. Ball's board
of directors also declared a cash dividend of 10 cents per share,
payable June 15, 2005, to shareholders of record on June 1, 2005.
Ball is scheduled to release the company's first quarter 2005
earnings tomorrow before trading begins on the New York Stock
Exchange. A management briefing will be held at 2 p.m. Eastern
tomorrow in New York City that will replace, for this quarter, the
company's quarterly conference call. Details on the briefing and
how to listen to it are included in this release. Ball Corporation
is a supplier of metal and plastic packaging products, primarily
for the beverage and food industries. The company also owns Ball
Aerospace & Technologies Corp., which develops sensors,
spacecraft, systems and components for government and commercial
markets. The company employs more than 13,200 people and reported
2004 sales of $5.4 billion. Listen to Ball Management Briefing Ball
Corporation (NYSE:BLL) will host a management briefing and review
of the company's operations at 2 p.m. (Eastern) tomorrow at the
Waldorf-Astoria Hotel in New York City. The briefing replaces, for
this quarter, the company's quarterly earnings conference call. The
investing public and others are invited to attend the briefing or
to participate via toll-free telephone access at 800-638-5439
(domestic) or 617-614-3945 (international) using the pass code
"Ball Corporation," or via live Web cast at:
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetails&c=115234&eventID
=1035473. A telephone replay of the briefing will be available
approximately two hours after the briefing concludes and will be
accessible for seven days at 888-286-8010 (domestic) or
617-801-6888 using the pass code 44341276. A Web replay of the
briefing will be available at http://www.ball.com/ in the investor
relations section under "presentations" for at least 30 days after
the briefing. Forward-Looking Statements The information in this
news release contains "forward-looking" statements and other
statements concerning future events and financial performance.
Words such as "expects," "anticipates," "estimates," and variations
of same and similar expressions are intended to identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties which could cause actual results to
differ materially from those expressed or implied. The company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. Key risks and uncertainties are
summarized in the company's filings with the Securities and
Exchange Commission, especially in Exhibit 99.2 in the most recent
Form 10-K. These filings are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in consumer and customer demand;
availability and cost of raw materials, particularly the recent
significant increases in resin, steel, aluminum and energy costs,
and the ability to pass such increases on to customers; competitive
packaging availability, pricing and substitution; changes in
climate and weather; fruit, vegetable and fishing yields; industry
productive capacity and competitive activity; lack of productivity
improvement or production cost reductions; the German mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; international business risks, including foreign exchange
rates, tax rates and activities of foreign subsidiaries; and the
effect of LIFO accounting on earnings. Factors that might affect
aerospace segment include: funding, authorization and availability
of government contracts and the nature and continuation of those
contracts; and technical uncertainty associated with segment
contracts. Factors that could affect the company as a whole include
those listed plus: acquisitions, joint ventures or divestitures;
regulatory action or laws including environmental and workplace
safety; governmental investigations; goodwill impairment; antitrust
and other litigation; strikes; boycotts; increases in employee
benefits and labor costs; rates of return projected and earned on
assets of the company's defined benefit retirement plans; reduced
cash flow; interest rates affecting our debt; and changes to
unaudited results due to statutory audits or management's
evaluation of the company's internal control over financial
reporting. DATASOURCE: Ball Corporation CONTACT: Investors, Ann T.
Scott, +1-303-460-3537, , or Media, Scott McCarty, +1-303-460-2103,
, both of Ball Corporation Web site: http://www.ball.com/
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