Ball Corporation Board Increases Dividend by 43%; Approves Repurchase Authorization of 30M Shares

Ball Corporation's

board of directors today increased the company's quarterly cash dividend by nearly 43 percent to 10 cents per share and authorized the repurchase by the company of up to a total of 30 million shares of its common stock. This repurchase authorization replaces all previous authorizations. The cash dividend of 10 cents per share is payable March 15, 2012, to shareholders of record on March 1, 2012. Ball will announce its fourth quarter and full-year 2011 earnings on Thursday, Jan. 26, 2012. Conference call details are below.