SEALED AIR CORP/DE (SEE)

Sealed Air Corp. engages in the provision of food safety and security, facility hygiene, and product protection services. It operates through the Food and Protective segments. The Food segment services perishable food processors in fresh red meat, smoked and processed meat, poultry, seafood, plant-based, and dairy markets. The Protective segment offers packaging solutions that are utilized across global markets and are valuable to e-Commerce, consumer goods, pharmaceutical and medical devices, and industrial manufacturing. The company was founded by Alfred W. Fielding and Marc Chavannes in 1960 and is headquartered in Charlotte, NC.

Address

2415 CASCADE POINTE BOULEVARD
CHARLOTTE, NC 28208

Founded

1960

Number of Employees

17,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- $816,893 - $542,736 $644,246 - - $403,371 $280,089 $79,854 - $461,198
Average Price - $49.74 - $45.68 $42.47 - - $50.93 $61.86 $52.21 - $48.17
# Shares Purchased - 16,424,825 - 11,879,985 15,168,360 - - 7,919,922 4,527,887 1,529,575 - 9,575,092
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - -33.6% - -27.8% -22.3% - - -35.2% -46.7% -36.8% - -31.5%
S&P 500 Return to Date - 173.0% - 129.7% 104.9% - - 31.7% 37.3% 31.3% - 84.6%
Excess Total Return - -206.6% - -157.5% -127.2% - - -66.9% -83.9% -68.1% - -116.1%
Quartile Rank
Percentile Rank - 21% - 24% 25% - - 21% 13% 11% - 23%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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