Aptar declares quarterly dividend of Rs 27 per share

The company to discuss second-quarter results over a conference call

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Aptar's coorporate headquarters in Crystal Lake, IL. Photo - Aptar

AptarGroup, a global leader in drug delivery, consumer product dispensing and active packaging solutions, declared a quarterly cash dividend of US $ 0.36 (Rs 27) per share. According to the company, the payment date is 19 August 2020, to stockholders of record as of 29 July 2020. The company has given the same dividend of US $ 0.36 (Rs 27) per share in the first quarter as well.

As previously announced, Aptar will hold a conference call on Friday, 31 July 2020, at 8:00 am Central Time to discuss its second-quarter results for 2020. The call will last approximately one hour. Interested parties are invited to listen to a live webcast by visiting the Investor Relations page on the company’s website. Replay of the conference call can also be accessed or limited time on the Investor Relations page of the website.

Aptar offers dispensing, sealing and active packaging solutions

Aptar is a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing and active packaging solutions. Aptar uses insights, design, engineering, and science to create dosing, dispensing and protective packaging technologies for the world’s leading brands, in turn making a meaningful difference in the lives, looks, health and homes of millions of people around the world. Aptar’s innovative solutions and services serve a variety of end markets, including pharmaceutical, beauty, personal care, home, food and beverage. The company is headquartered in Crystal Lake, Illinois and has 14,000 employees in 20 countries, including India (with manufacturing plants at Mumbai and Hyderabad).

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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