Crown Holdings (CCK) Adopts Limited Duration Shareholder Rights Plan

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CROWN HOLDINGS ADOPTS LIMITED DURATION SHAREHOLDER RIGHTS PLAN

November 7, 2022 9:20 AM EST

YARDLEY, Pa., Nov. 7, 2022 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) ("Crown" or the "Company") today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan") following the Board's evaluation and consultation with the Company's advisors.

Crown remains committed to engaging in constructive dialogue with its shareholders. The Rights Plan is similar to plans adopted by other publicly traded companies and is intended to protect the long-term interests of... More