Share Repurchase Program

9 Months Ended

Jun. 29, 2019

Share Repurchase Program [Abstract]

Share Repurchase Program

13.  Share Repurchase Program

In fiscal 2018, the Company announced a $500 million share repurchase program.  Berry may repurchase shares through the open market, privately negotiated transactions, or other programs, subject to market conditions.  This authorization has no expiration date and may be suspended at any time.

During the quarterly period ended June 29, 2019, the Company did not repurchase any shares. For the three quarterly periods ended June 29, 2019, the Company repurchased approximately 1,512 thousand shares for $72 million. As of June 29, 2019, $393 million of authorized share repurchases remain available to the Company.