MEMPHIS, Tenn., Oct. 12, 2021 -- International Paper today announced its board of directors has authorized a share repurchase program to acquire up to $2 billion of the company's common stock.
ATLANTA, Sept. 9, 2021 -- Graphic Packaging International, LLC ("Graphic Packaging"), the primary operating subsidiary of Graphic Packaging Holding Company (NYSE: GPK), announced that it has entered into an agreement for $100 million aggregate principal amount of tax-exempt green bonds due 2061 with a mandatory purchase date of October 1, 2026 (the "Tax-Exempt Green Bonds").
MEMPHIS, Tenn., Sept. 14, 2021 -- International Paper Company (NYSE:IP) today announced that, in connection with its previously announced separation and spin-off of its global papers business, International Paper's board of directors declared a pro rata distribution of approximately 80.1% of the outstanding shares of Sylvamo Corporation (NYSE: SLVM) common stock to be made effective at 12:01 a.m. New York City time on October 1, 2021 to International Paper's shareholders of record as of 5:00 p.m. New York City time on September 15, 2021, the previously-announced record date for the distribution.
MEMPHIS, Tenn., Aug. 9, 2021 - International Paper (NYSE: IP) today announced that its wholly-owned subsidiary, Sylvamo Corporation ("Sylvamo"), intends to offer $500 million aggregate principal amount of senior unsecured notes due 2029 in connection with the previously announced spin-off of International Paper's printing papers business.
Commenting on the group’s results, Sappi Chief Executive Officer Steve Binnie said: “We have seen a significant improvement in market conditions in the majority of our trading regions during the quarter. This contributed to a material increase in quarter-on-quarter EBITDA and an overall return to profit of US$18 million.”
MIAMISBURG, Ohio, Aug. 6, 2021 -- Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2021 and announced that its Board of Directors has declared a quarterly cash dividend for the quarter ending September 30, 2021, in the amount of $0.10 per each outstanding share of Verso's Class A common stock.
BOISE, Idaho -- Boise Cascade Company ("Boise Cascade," the "Company," "we," or "our") (NYSE: BCC) today reported net income of $302.6 million, or $7.62 per share, on sales of $2.4 billion for the second quarter ended June 30, 2021, compared with net income of $33.6 million, or $0.85 per share, on sales of $1.2 billion for the second quarter ended June 30, 2020.