secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0000043920-22-000069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif Q3 net income rises to $141.8M ($2.36 EPS); adjusted EBITDA $251M; launches $150M buyback
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- Net income $141.8M ($2.36 diluted Class A EPS) vs $113.0M ($1.89) a year ago; adjusted net income $141.7M ($2.35).
- Adjusted EBITDA $251.0M vs $237.8M; adjusted free cash flow $175.8M (record); operating cash flow $209.3M.
- Leverage ratio improved to 1.99x from 2.12x sequentially and 2.80x prior year; total debt down $208.9M to $2,058.7M.
- Board authorized $150M share repurchase program; initiated $150.0M buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392022000069/0000043920-22-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392022000069/gef-20220906.htm
  HTML page:      https://secwatch.observer/filing/0000043920-22-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer