CROWN HOLDINGS INC
For the period ended Jun 30, 2024. Filed Jul 29, 2024.
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Jun 30, 2024 · Filed Jul 29, 2024
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Item 1A. Risk Factors
The information set forth in this report should be read in conjunction with the risk factors discussed in Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2023. Such risks are not the only risks facing the Company. Additional risks and uncertainties not currently known to the Company or that the Company currently deems to be immaterial may also materially adversely affect the Company's business, financial condition and/or operating results.
During the three months ended June 30, 2024, 82,680 shares were surrendered to cover taxes on the vesting of restricted stock.
On July 25, 2024, the Company's Board of Directors authorized the repurchase of an aggregate amount of $2,000 of the Company's common stock through the end of 2027. The new authorization supersedes the previous authorization announced in December 2021, which authorized the repurchase of an aggregate amount of $3,000 of Company common stock through the end of 2024. As of June 30, 2024, the Company had remaining Board authorization to repurchase $2,300 of the Company's common stock under the December 2021 program. Share repurchases under the Company's program may be made in the open market or through privately negotiated transactions, and at times and in such amounts as management deems appropriate.
There were no events required to be reported under Item 3 for the six months ended June 30, 2024.
Not applicable.
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