10:08 AM EDT, 06/16/2025 (MT Newswires) -- Ball (BALL) said Monday it has entered into an accelerated stock repurchase agreement with Credit Agricole CIB to buy back nearly $250 million of its outstanding common stock, effective immediately.

The transaction will use a combination of cash on hand and available borrowings, Ball said, adding that the repurchase will significantly reduce its outstanding share count.

Final share amounts will be based on the volume-weighted average trading price of Ball's stock during the agreement period and may be adjusted, potentially requiring Ball to deliver additional shares or receive a settlement payment at closing, the company said.

Shares of Ball were up 2.2% in recent Monday trading.

Price: 55.59, Change: +1.22, Percent Change: +2.24