SCHEDULE: FMR LLC and Abigail Johnson Disclose 9.9% Stake in Silgan Holdings

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing a beneficial ownership of 9.9% of Silgan Holdings Inc.'s common stock.

Summary

• FMR LLC and Abigail P. Johnson, as reporting persons, beneficially own 10,629,040.30 shares of Silgan Holdings Inc. Common Stock.
• This aggregate amount represents 9.9% of the class of securities.
• FMR LLC holds sole voting power over 10,620,230.30 shares and sole dispositive power over 10,629,040.30 shares.
• Abigail P. Johnson holds sole dispositive power over 10,629,040.30 shares, with no sole or shared voting power.
• FMR LLC is classified as a parent holding company, and Abigail P. Johnson is an individual reporting person.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities beneficially owning shares, with Fidelity Management & Research Company LLC owning 5% or greater.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Silgan Holdings Inc.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership, which is factual and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It simply states a significant institutional holding.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The disclosure of a significant 9.9% stake by a major institutional investor like FMR LLC and its principal, Abigail P. Johnson, indicates strong institutional interest and confidence in Silgan Holdings Inc., which could be viewed positively by other investors.

Key Dates

Keywords

Silgan Holdings Inc., FMR LLC, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, SEC Filing