Berry Global Group, Inc. (NYSE: BERY), today announced an agreement to repurchase $50 million of its outstanding common shares in an accelerated share repurchase (“ASR”) transaction using available cash on hand. Under the ASR agreement, Berry will pay $50 million in exchange for the majority of the shares covered under the agreement. The final number of shares to be repurchased under the ASR will be based on the Company’s volume-weighted average share price during the repurchase period, less a discount and subject to adjustments. The final settlement of the ASR transaction is expected to occur in the Company’s December 2021 first fiscal 2022 quarter. The share repurchases reflect the Company(…) Read More »