Amcor Surges to 35th in Trading Volume with 327.57% Spike Despite 3.12% Stock Decline

On April 29, 2025, Amcor's trading volume reached 13.29 billion, marking a significant 327.57% increase from the previous day, placing it at the 35th position in the day's stock market rankings. Amcor (AMCR) experienced a 3.12% decline in its stock price.

Amcor and Berry Global have received unconditional approval from the European Commission (EC) under the EU Merger Regulation, clearing the final regulatory hurdle for their proposed merger. This approval allows the companies to proceed with the remaining steps of the merger process, with an anticipated completion date of April 30, 2025. The merger, originally announced in November 2024, is expected to create a leading global packaging company with a strong focus on sustainable product offerings, global reach, and supply chain flexibility. Amcor is set to hold around 63% of the combined company, while Berry will retain the remaining 37% stake.

Both companies have already secured antitrust approval in the US and additional regulatory approvals from authorities in China and Brazil. Shareholders from both companies approved the proposed merger in February, highlighting the significant opportunities the combination presents for delivering enhanced value to all stakeholders. The merged company is expected to prioritize consumer packaging solutions, emphasizing sustainability and operational efficiency.