Ball Announces Accelerated Stock Repurchase of $100M

Ball Corporation

announced today that it has agreed to repurchase approximately $100 million of its outstanding common stock in a privately negotiated accelerated stock repurchase transaction with Goldman, Sachs & Co. using cash on hand and available borrowings. Subject to certain conditions, the transaction will commence today and reduce Ball's outstanding common stock by a total of approximately 2.8 million shares.