Stamford food-can maker Silgan Holdings Inc. says it bought back 5.5 million of its common stock as part of a modified Dutch auction that expired a week ago.
Silgan said it paid some $250 million, or $45.25 for each share, in the auction that expired last Tuesday.
The company said payment for the shares accepted for purchase, and return of all other shares tendered and not accepted for purchase, will be made promptly by Computershare Shareowner Services LLC, the depositary for the tender offer.
Citigroup was the offer’s dealer manager for the tender offer.
