Insider Buying: Amcor plc (ASX:AMC) Insider Buys 10,000 Shares of Stock

Amcor plc (ASX:AMC) insider Achal Agarwal acquired 10,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was acquired at an average price of A$10.10 ($6.39) per share, with a total value of A$101,000.00 ($63,924.05).

Amcor Price Performance

The stock has a market cap of $14.46 billion, a P/E ratio of 18.05, a P/E/G ratio of 4.16 and a beta of 0.86. The company has a debt-to-equity ratio of 195.53, a current ratio of 1.26 and a quick ratio of 0.56.

Amcor Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 17th will be given a $0.204 dividend. The ex-dividend date is Monday, February 24th. This is a boost from Amcor’s previous Interim dividend of $0.19. This represents a dividend yield of 1.27%. Amcor’s payout ratio is 101.32%.

About Amcor

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, and the Asia Pacific. The company operates in two segments, Flexibles and Rigid Packaging. The Flexibles segment offers flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries.