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MEMPHIS, Tenn., Nov. 22, 2024 /PRNewswire/ -- International Paper Chairman and Chief Executive Officer Andy Silvernail will speak at the Citi 2024 Basic Materials Conference on December 4, 2024. The presentation is scheduled to begin at 8 a.m. Eastern time and will be followed by a question-and-answer session.
All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presentations. A replay of the webcast will be available on the website approximately three hours after the presentation.
MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business. The decision to explore alternatives for the GCF business is consistent with the Company's strategy to focus on sustainable packaging solutions.
IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw material used in textiles, construction materials, paints, coatings and more. The GCF business generated $2.9B in revenue in 2023 and has operations in three countries, with eight mills and two converting facilities.
MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today reported third quarter 2024 financial results.
THIRD QUARTER 2024 HIGHLIGHTS
Third quarter net earnings of $150 million ($0.42 per diluted share)Third quarter adjusted operating earnings (non-GAAP) of $153 million ($0.44 per diluted share)Third quarter cash provided by operations of $521 million and returned $161 million to shareholders in dividends"Our third quarter earnings are above our outlook," said Chairman and CEO Andy Silvernail. "Higher prices across the portfolio, including benefits from our packaging go-to-market strategy were supported by a moderately improving box demand environment. We also had higher operating costs and lower volumes due to seasonality and commercial actions to improve profitability."
MEMPHIS, Tenn., Oct. 28, 2024 /PRNewswire/ -- International Paper Chief Executive Officer Andy Silvernail will speak at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024. The presentation is scheduled to begin at 8:30 a.m. Eastern time and will be followed by a question and answer session.
All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presentations. A replay of the webcast will be available on the website approximately three hours after the presentation.
MEMPHIS, Tenn., Oct. 15, 2024 /PRNewswire/ -- International Paper (NYSE: IP) will release third-quarter 2024 earnings on October 31, 2024, before the opening of the New York Stock Exchange.
The company will host a webcast to discuss earnings and current market conditions, beginning at 10 a.m. ET (9 a.m. CT). All interested parties are invited to listen to the webcast via the company's website by clicking on the Investors tab and going to the Events & Presentations page at https://www.internationalpaper.com/investors/events-presentations. A replay of the webcast will also be on the website beginning approximately two hours after the call.
MEMPHIS, Tenn., Oct. 14, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from October 1, 2024, to December 31, 2024, inclusive, on the common stock, par value $1.00, of the Company, payable on December 16, 2024, to holders of record at the close of business on November 15, 2024.
Today, the company also declared a quarterly dividend of $1.00 per share for the period from October 1, 2024, to December 31, 2024, inclusive, on the cumulative $4.00 preferred stock of the Company, payable on December 16, 2024, to holders of record at the close of business on November 15, 2024.
MEMPHIS, Tenn., Oct. 11, 2024 /PRNewswire/ -- International Paper (NYSE: IP) is pleased to announce today that it received the necessary shareholder approval for its pending acquisition of DS Smith (LSE: DSS), (the "Combination"). Earlier this week, DS Smith also received the necessary shareholder approval for the Combination.
International Paper will report the final vote results of the special shareholder meeting in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC"). International Paper and DS Smith continue to expect the Combination to close late in the fourth quarter of 2024, subject to regulatory clearance and other customary closing conditions.
NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
International Paper Company (NYSE: IP)'s merger with DS Smith Plc. Per the terms of the proposed transaction, International Paper will issue 0.1285 shares for each DS Smith share, resulting in International Paper shareholders owning approximately 66.3% of the combined company. If you are an International Paper shareholder, click here to learn more about your rights and options.
IP's Board of Directors Recommends IP Shareholders Vote "FOR" the Proposal
MEMPHIS, Tenn., Sept. 12, 2024 /PRNewswire/ -- International Paper (NYSE: IP, "IP") today announced that it has filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the "Definitive Proxy Statement") in connection with its pending acquisition of DS Smith Plc (LSE: DSS, "DS Smith") (the "Combination").
NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Cepton, Inc. (NASDAQ: CPTN)'s sale to KOITO MANUFACTURING CO., LTD. for $3.17 per share in cash. If you are a Cepton shareholder, click here to learn more about your legal rights and options.