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AMCR changes

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View the full Oct 20, 2026 version
Price
$43.74 → $45.27(+3.5%)
Discount
19% to 34% → 16% to 32%(−3.0 pts)
Recent events
2026-09-29: Amcor said that Graeme Liebelt, its chair for nearly 13 years, will not stand for re-election and leaves the board at the November 11, 2026 annual meeting. Tom Long, a director since 2017 and a former CEO of MillerCoors, becomes chair after the meeting. 2026-09-29: Amcor set its 2026 annual meeting of shareholders for November 11, 2026. Shareholders will vote on a new 2026 Omnibus Management Share Plan, among other items. 2026-08-12: Amcor reported FY2026 results. Net sales rose 57% to $23.5 billion, mainly because of Berry. Net income was $1,106 million, adjusted EBITDA was $3,673 million and adjusted EPS rose 13% to $4.02. Free cash flow was $1,303 million and net debt was $12,897 million. For the six months to December 31, 2026, Amcor guided adjusted EPS of $1.80 to $1.90 and leverage of 3.5 to 3.6 times. It raised the quarterly dividend to 65.0 cents per share. 2026-08-11: Amcor's board accepted the resignation of PwC Switzerland as auditor at the request of the audit committee and appointed PwC US, effective August 14, 2026. 2026-06-15: Amcor appointed Ryan Yost, formerly of Avery Dennison, as President of Global Flexible Packaging Solutions, and Kate Pearlman, formerly of Lowe's, as Senior Vice President for Investor Relations and Treasury. 2026-05-06: Amcor reported Q3 FY2026 results. Net sales rose 77% to $5,914 million, synergies were $77 million and adjusted EPS rose 6% to $0.96. Amcor cut its FY2026 free cash flow guidance to $1.5 billion to $1.6 billion and gave adjusted EPS guidance of $3.98 to $4.03. It had six divestiture agreements under its portfolio program. 2026-05-01: Amcor's board changed the fiscal year end from June 30 to December 31. Amcor will report a six-month transition period from July 1 to December 31, 2026, and calendar years from 2027.