secwatch.observer — SEC 8-K summary
======================================

Issuer:     APTARGROUP, INC. (ATR)
CIK:        0000896622
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0000896622-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AptarGroup Q2 net income +31% to $83M; raises dividend 8% to $0.41/share
------------------------------------------------------------------------

- Reported EPS $1.24, adjusted EPS $1.23 (+26% YoY); revenue $896M (+6% reported, +4% core).
- Pharma core sales +13%; Beauty +3% (fragrance double-digit); Closures -8% due to lower resin prices.
- Board approved dividend increase to $0.41/share (almost +8%); payable Aug 17 to holders of record July 27.
- Q3 2023 adjusted EPS guidance $1.23-$1.31; effective tax rate 25%-27%.
- Repurchased 81k shares for ~$9.3M in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896622/000089662223000030/0000896622-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896622/000089662223000030/atr-20230727.htm
  HTML page:      https://secwatch.observer/filing/0000896622-23-000030

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