Greif announces $150M share repurchase program, including $75M accelerated buyback

GREIF, INC

New $150M share repurchase program: $75M accelerated share repurchase (ASR) with Bank of America, plus $75M open-market purchases.
ASR includes initial $75M payment; ~1M Class A shares delivered immediately (80% of expected), remainder by end of Q1 2023.
Open-market purchases of Class A and B shares over 12-18 months, subject to market conditions and company discretion.
Program reflects confidence in Greif's 'Build to Last' strategy and commitment to returning cash to shareholders.

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