Ball Corporation Declares Dividend; Shareholders Elect Board Members
April 23 2008 - 4:33PM
PR Newswire (US)
BROOMFIELD, Colo., April 23 /PRNewswire-FirstCall/ -- Ball
Corporation's (NYSE:BLL) board of directors today declared a cash
dividend of 10 cents per share, payable June 16, 2008, to
shareholders of record on June 2, 2008. In addition, Ball's
shareholders elected to the board Robert W. Alspaugh, and
re-elected to the board George M. Smart, Theodore M. Solso and
Stuart A. Taylor II at the company's annual meeting held today.
Alspaugh was elected for a term of one year expiring in 2009;
Smart, Solso and Taylor were re-elected to serve three-year terms
expiring in 2011. Alspaugh was elected a director of the company in
January to replace Howard M. Dean, who has reached the mandatory
retirement age for Ball directors and retired from the board today.
Shareholders also voted to ratify the appointment of
PricewaterhouseCoopers LLP as independent public accountants of
Ball Corporation for 2008. Ball will announce its first quarter
2008 results on Thursday, April 24, before the market opens.
Conference call details are below. Ball Corporation is a supplier
of high-quality metal and plastic packaging for beverage, food and
household products customers, and of aerospace and other
technologies and services, primarily for the U.S. government. Ball
Corporation and its subsidiaries employ more than 15,500 people
worldwide and reported 2007 sales of $7.4 billion. Conference Call
Details Ball will hold its regular quarterly conference call on the
company's results and performance tomorrow at 9 a.m. Mountain Time
(11 a.m. Eastern). The North American toll-free number for the call
is 800-732-6870. International callers should dial 212-231-2902.
Please use the following URL for a Web cast of the live call:
http://phx.corporate-ir.net/phoenix.zhtml?p=irol-
eventDetails&c=115234&eventID=1808135 For those unable to
listen to the live call, a taped replay will be available after the
call's conclusion until 1 p.m. Eastern Time on May 1, 2008. To
access the replay, call 800-633-8284 (North American callers) or
402-977-9140 (international callers) and use reservation number
21379244. A written transcript of the call will be posted within 48
hours of the call's conclusion to Ball's Web site at
http://www.ball.com/ in the investors section under
"presentations." Forward-Looking Statements This release contains
"forward-looking" statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates"
and similar expressions are intended to identify forward-looking
statements. Such 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 filings with the
Securities and Exchange Commission, including Exhibit 99.2 in our
Form 10-K, which are available at our Web site and at
http://www.sec.gov/. Factors that might affect our packaging
segments include fluctuation in product demand and preferences;
availability and cost of raw materials, including 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; crop yields; competitive activity; failure to
achieve anticipated productivity improvements or production cost
reductions, including our beverage can end project; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates, tax rates and
activities of foreign subsidiaries. Factors that might affect our
aerospace segment include: funding, authorization, availability and
returns of government and commercial contracts; and delays,
extensions and technical uncertainties affecting segment contracts.
Factors that might affect the company as a whole include those
listed plus: accounting changes; changes in senior management;
successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental, health and
workplace safety, including in respect of chemicals or substances
used in raw materials or in the manufacturing process; governmental
investigations; technological developments and innovations;
goodwill impairment; antitrust, patent and other litigation;
strikes; labor cost changes; rates of return projected and earned
on assets of the company's defined benefit retirement plans;
pension changes; reduced cash flow; interest rates affecting our
debt; and changes to unaudited results due to statutory audits or
other effects. 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/
Copyright
Ball (NYSE:BLL)
Historical Stock Chart
From May 2024 to Jun 2024
Ball (NYSE:BLL)
Historical Stock Chart
From Jun 2023 to Jun 2024