secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0000043920-22-000081
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif reports record free cash flow, adjusted EBITDA up; announces $300M Lee Container acquisition
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- Q4 adjusted EPS $1.83 vs $1.93 prior year; net income $99.5M vs $104.5M.
- Record full-year adjusted free cash flow of $506.3M; adjusted EBITDA $917.5M, up 20% YoY.
- Leverage ratio improved to 1.73x, below target range of 2.0x-2.5x.
- Announced $300M cash acquisition of Lee Container Corp., expected close December 2022.
- Repurchased ~$11M of Class B shares in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000004392022000081/0000043920-22-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000004392022000081/gef-20221213.htm
  HTML page:      https://secwatch.observer/filing/0000043920-22-000081

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