2017 Press Releases

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June 26, 2017Avery Dennison Completes Acquisition of Yongle Tape Company Ltd.
GLENDALE, Calif.--(BUSINESS WIRE)--Jun. 26, 2017-- Avery Dennison Corporation (NYSE:AVY) today announced it has completed the acquisition of Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products in a variety of industrial markets, from its management and private equity firm ShawKwei & Partners. Headquartered in China’s Hebei Province, with production facilities in Zhuozhou and Shanghai, Yongle Tape is China’s leadin... 
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June 06, 2017Avery Dennison Opens Electronics Solutions and Technology Center in Santa Clara, California
Facility conducts material characterization, testing and rapid-prototyping for pressure-sensitive adhesive electronics applications GLENDALE, Calif.--(BUSINESS WIRE)--Jun. 6, 2017-- Avery Dennison’s (NYSE:AVY) Industrial and Healthcare Materials’ Performance Tapes business has opened an Electronics Solutions and Technology center in Silicon Valley, California. The new facility is designed, equipped and staffed to provide exceptional engineerin... 
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May 22, 2017Avery Dennison Acquires Finesse Medical
Irish-based company brings new products, manufacturing capabilities in high-value healthcare materials business GLENDALE, Calif.--(BUSINESS WIRE)--May 22, 2017-- Avery Dennison Corporation (NYSE:AVY) announced today that it has acquired Finesse Medical Ltd., an innovator in the development and manufacture of healthcare products used in the management of wound care and skin conditions. Headquartered in Longford, Ireland, Finesse... 
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April 27, 2017Avery Dennison Increases Quarterly Dividend
GLENDALE, Calif.--(BUSINESS WIRE)--Apr. 27, 2017-- Avery Dennison Corporation (NYSE:AVY) today announced that its Board of Directors has increased the company’s quarterly cash dividend. The board declared a quarterly cash dividend of $0.45 per share, reflecting a four cent, or 10%, increase over the previous dividend rate. The dividend is payable June 21, 2017, to shareholders of record as of June 7, 2017. About Avery Dennison ... 
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April 26, 2017Avery Dennison Announces First Quarter 2017 Results
1Q17 Reported EPS of $1.25 Adjusted EPS (non-GAAP) of $1.11 1Q17 Net sales increased ~6% to $1.57 billion Organic sales growth (non-GAAP) of ~4% Raised FY17 guidance midpoint for Reported EPS by $0.08 Raised FY17 guidance midpoint for Adjusted EPS (non-GAAP) by $0.18 ... 
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April 05, 2017Avery Dennison to Webcast First Quarter 2017 Earnings Conference Call
GLENDALE, Calif.--(BUSINESS WIRE)--Apr. 5, 2017-- Avery Dennison Corporation (NYSE:AVY) will host its first quarter 2017 earnings conference call in a live Webcast for investors, equity analysts, portfolio managers and media representatives at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time on Wednesday, April 26, 2017. The webcast will follow the company's first quarter 2017 earnings news release, which will be issued that morning at 6:45 a.m. Eastern Ti... 
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March 20, 2017Avery Dennison Names Gregory S. Lovins Vice President and Interim Chief Financial Officer
GLENDALE, Calif.--(BUSINESS WIRE)--Mar. 20, 2017-- Avery Dennison Corporation (NYSE:AVY) today announced that its board of directors has elected Gregory S. Lovins as vice president and interim chief financial officer, effective immediately. As interim CFO, Mr. Lovins will lead the company’s finance function, including audit, financial reporting, investor relations, financial planning and analysis, tax and treasury. He will also oversee the ... 
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March 02, 2017Avery Dennison Completes Hanita Coatings Acquisition
GLENDALE, Calif.--(BUSINESS WIRE)--Mar. 2, 2017-- Avery Dennison Corporation (NYSE:AVY) today announced it has completed the acquisition of Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates, from Kibbutz Hanita and Tene Investment Funds. Headquartered in northern Israel with sales and distribution facilities in the United States, Germany, China and Australia, Hanita develops and manufactures coat... 
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February 24, 2017Avery Dennison Prices €500 Million Senior Notes Offering
GLENDALE, Calif.--(BUSINESS WIRE)--Feb. 24, 2017-- Avery Dennison Corporation (NYSE: AVY) announced today that it has priced an underwritten public offering of €500,000,000 aggregate principal amount of 1.250% Senior Notes due 2025. The Senior Notes were priced at 99.917% of their principal amount. The offering is expected to close on March 3, 2017, subject to customary closing conditions. Avery Dennison intends to use approximately €200 million ... 
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February 06, 2017Avery Dennison to Acquire Yongle Tape Company Ltd.
Chinese manufacturer of high-value industrial tapes is key supplier to global automotive industry GLENDALE, Calif.--(BUSINESS WIRE)--Feb. 6, 2017-- Avery Dennison (NYSE:AVY) today announced it has agreed to acquire Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products used in a variety of industrial markets, including the global automotive industry. Yongle Tape will be acquired from the company’s management and priva... 
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February 02, 2017Andres A. Lopez Appointed to Avery Dennison Board of Directors
GLENDALE, Calif.--(BUSINESS WIRE)--Feb. 2, 2017-- Avery Dennison Corporation (NYSE:AVY) today announced that its board of directors has appointed Andres A. Lopez a director, effective February 1, 2017. Lopez, 54, is the president, chief executive officer and executive director of Owens-Illinois, Inc. (NYSE: OI), the world’s largest glass container manufacturer with $6 billion in revenues and preferred supplier to many food and beverage bra... 
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February 01, 2017Avery Dennison Declares Quarterly Dividend
GLENDALE, Calif.--(BUSINESS WIRE)--Feb. 1, 2017-- The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.41 per share. The dividend is payable March 15, 2017, to shareholders of record on March 1, 2017. About Avery Dennison Avery Dennison (NYSE: AVY) is a global leader in pressure-sensitive and functional materials and labeling solutions for the retail apparel market. The... 
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February 01, 2017Avery Dennison Announces Fourth Quarter and Full Year 2016 Results
4Q16 Reported EPS of $0.69 Adjusted EPS (non-GAAP) of $0.99 4Q16 Net sales increased ~7 percent to $1.55 billion Organic sales growth (non-GAAP) of ~5 percent FY16 Reported EPS of $3.54 Adjusted EPS (non-GAAP) of $4.02 FY16 Net sales increased ~2 p... 
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January 16, 2017Avery Dennison Enables Omnichannel Success With RFID Technology at NRF 2017
Exhibitor Insights panel to feature top performance retailers and RFID experts NEW YORK--(BUSINESS WIRE)--Jan. 16, 2017-- Avery Dennison Retail Branding and Information Solutions (RBIS) (NYSE: AVY), a global leader in apparel and footwear branding, labeling, and RFID solutions, will attend the 2017 National Retail Federation’s (NRF) Annual Convention and EXPO. The company will host an Exhibitor Insights discussion with performance brands lulul... 
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January 13, 2017Avery Dennison Upcoming Investor Events
GLENDALE, Calif.--(BUSINESS WIRE)--Jan. 13, 2017-- Avery Dennison Corporation (NYSE: AVY) today announced the following investor events: Fourth Quarter and Full Year 2016 earnings conference call on Wednesday, February 1, 2017, at 11 a.m. EST. The company's fourth quarter and full year earnings news release will be issued earlier that morning at 6:45 a.m. EST. 2017 Avery Dennison Analyst Meeting in New Yor... 
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