GREIF, INC 8K

Greif, Inc. reported strong fiscal Q3 2026 results with higher earnings and lower leverage, raised its dividend, initiated share repurchases, completed a bolt-on acquisition, and reaffirmed 2026 guidance following portfolio streamlining divestitures.

Greif, Inc. filed a Form 8-K to furnish its fiscal third quarter 2026 results, reporting a 156.7% increase in net income from continuing operations to $78.8 million ($1.37 per diluted Class A share), a 24.7% rise in Adjusted EBITDA to $183.4 million, and a sharp reduction in total debt to $1.03 billion and leverage to 1.1x following divestitures of its Containerboard and timberlands businesses. The company highlighted a 10.7% increase in its quarterly dividend (to $0.62 per Class A share and $0.93 per Class B share), plans to begin share repurchases under existing authorizations, and progress on its cost optimization program, achieving $90 million in cumulative run-rate savings with a goal of at least $120 million by fiscal 2027. Greif also noted the completion of a bolt-on acquisition of Envaplast on June 2, 2026, primarily serving agrochemical end markets with high-margin and strong free cash flow characteristics, segment reporting changes following the Containerboard divestiture, and reaffirmed its fiscal 2026 guidance for Adjusted EBITDA of $615–$635 million and Adjusted free cash flow of $305–$325 million. The report includes detailed segment performance, tax rate expectations, cash flow metrics, and non-GAAP reconciliations, and announces a July 29, 2026 conference call to discuss the results.

Filing Facts

CIK

43920

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-051320

Alert Tier

7