Tranche Update on O-I Glass, Inc. (NYSE:OI)'s Equity Buyback Plan announced on February 9, 2021.
August 03, 2022 at 04:31 pm EDT
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From April 1, 2022 to June 30, 2022, the company has repurchased 770,710 shares, representing 0.49% for $9.99 million. With this, the company has completed the repurchase of 3,881,877 shares, representing 2.47% for $59.92 million under the buyback announced on February 9, 2021.
O-I Glass, Inc. is a manufacturer of glass container products. The Company's segments include the Americas and Europe. The Company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. The Company also produces glass packaging for a variety of food items, soft drinks, teas, juices, and pharmaceuticals. The Company manufactures glass containers in a range of sizes, shapes, and colors. Its customers consist of food and beverage manufacturers, including Anheuser-Busch InBev, Brown-Forman, Carlsberg, Coca-Cola, Constellation, Diageo, Heineken, Molson Coors, Nestle, PepsiCo and Pernod Ricard. It has glass container manufacturing plants in the Americas region located in Brazil, Canada, Colombia, Ecuador, Mexico, Czech Republic, France, Germany, Hungary and the United States. It has a distribution facility in the United States used to import glass containers from its business in Mexico. It has approximately 69 plants in 19 countries.
O-I GLASS, INC. 
