Item 2.02. Results of Operations and Financial Condition.
On November 5, 2020, Amcor plc (the "Company") issued a press release regarding
financial results for the first three months of fiscal year 2021. The press
release is furnished as Exhibit 99.1 hereto. The Company is also furnishing an
investor presentation relating to its first three months of fiscal year 2021
(the "Presentation"), which will be used by management for presentations to
investors and others. A copy of the Presentation is attached hereto as Exhibit
99.2 and incorporated into this Item 2.02 by reference. The Presentation is also
available on the Company's website at https://www.amcor.com/investors. The
Company is not including the information contained on its website as part of, or
incorporating it by reference into, this Current Report on Form 8-K.
The information in this Current Report on Form 8-K shall not be deemed "filed"
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), or incorporated by reference in any filing under the
Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act,
except as shall be expressly set forth by specific reference in such a filing.
Item 8.01 Other Events
On November 5, 2020, the Board of the Directors of the Company approved a $150
million repurchase of the Company's ordinary shares and of the Company's CDIs.
Pursuant to this program, purchases of the Company's ordinary shares and CDIs
will be made subject to market conditions and at prevailing market prices,
through open market purchases. The Company expects to complete the share buyback
by the end of fiscal year 2021; however, the timing, volume and nature of
repurchases may be amended, suspended or discontinued at any time.
Item 9.01. Financial Statements and Exhibits.
Exhibit Index
Exhibit No. Description
99.1 First Three Months of Fiscal Year 2021, Earnings Press Release
99.2 First Three Months of Fiscal Year 2021, Earnings Investor Presentation
Cover Page Interactive Data File. The cover page XBRL tags are embedded
104 within the inline XBRL document (contained in Exhibit 101)
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Cautionary Statement Regarding Forward-Looking Statements
This Current Report on Form 8-K (including the Exhibits hereto) contains certain
statements that are "forward-looking statements" within the meaning of Section
27A of the Securities Act and Section 21E of the Exchange Act. The Company has
identified some of these forward-looking statements with words like "believe,"
"may," "could," "would," "might," "possible," "will," "should," "expect,"
"intend," "plan," "anticipate," "estimate," "potential," "outlook" or
"continue," the negative of these words, other terms of similar meaning or the
use of future dates. Such statements are based on the current expectations of
the management of the Company, and are qualified by the inherent risks and
uncertainties surrounding future expectations generally. Actual results could
differ materially from those currently anticipated due to a number of risks and
uncertainties. None of the Company or any of its respective directors, executive
officers or advisors, provide any representation, assurance or guarantee that
the occurrence of the events expressed or implied in any forward-looking
statements will actually occur. Risks and uncertainties that could cause results
to differ from expectations include, but are not limited to, those discussed in
the Company's disclosures described under Part I, "Item 1A - Risk Factors" in
the Company's Annual Report on Form 10-K for the fiscal year ended June 30,
2020. Forward looking statements included herein are made only as of the date
hereof and the Company does not undertake any obligation to update any
forward-looking statements, or any other information in this Current Report on
Form 8-K, as a result of new information, future developments or otherwise, or
to correct any inaccuracies or omissions in them which become apparent. All
forward-looking statements in this Current Report on Form 8-K are qualified in
their entirety by this cautionary statement.
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