STOCK TITAN
  1. Home
  2. News
  3. GLT

Glatfelter Corporation - GLT STOCK NEWS

Welcome to our dedicated news page for Glatfelter Corporation (Ticker: GLT), a resource for investors and traders seeking the latest updates and insights on Glatfelter Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Glatfelter Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Glatfelter Corporation's position in the market.

News
Berry and Glatfelter Announce Regulatory Milestone in Proposed Transaction for Spin-Off and Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter
Rhea-AI Summary
Berry Global Group, Inc. (NYSE: BERY) and Glatfelter (NYSE: GLT) have achieved a regulatory milestone in their proposed transaction involving the combination of Berry's Health, Hygiene and Specialties segment with Glatfelter's Global Nonwovens and Films business. The transaction, expected to close in the second half of 2024, will create a leading, publicly-traded company in the specialty materials industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
News
Glatfelter Announces Key Leadership Appointments in Connection With Proposed Merger With Berry’s Health, Hygiene, and Specialties Global Nonwovens and Films Business
Rhea-AI Summary
Glatfelter (GLT) announces key leadership appointments for the proposed merger with Berry Global's Health, Hygiene, and Specialties segment. Kevin M. Fogarty appointed as Non-Executive Chair, James M. Till as CFO, and Tarun Manroa as COO. The appointments aim to strengthen the leadership team of the newly combined company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
-
News
Glatfelter Corporation to Report Earnings on May 9th
Rhea-AI Summary
Glatfelter (NYSE: GLT) will release its 2024 first-quarter results on May 9, 2024, followed by a conference call to discuss the financial performance. Investors can access the earnings release and financial supplement on the Investor Relations website. Details for the conference call and webcast are provided for interested participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
conferences earnings
News
Armstrong World Industries Names Dawn Kirchner-King as SVP, Chief Human Resources Officer
Rhea-AI Summary
Armstrong World Industries, Inc. appoints Dawn Kirchner-King as SVP, chief human resources officer, bringing over 30 years of experience to lead the company's people strategy and foster a culture of excellence and inclusivity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
Tags
none
-
News
Glatfelter Reports Fourth Quarter and Year End 2023 Results
Rhea-AI Summary
Glatfelter Corporation reports Q4 performance in-line with expectations despite reduced production, plans merger with Berry Global's HHNF business in 2024. Generated net sales of $320 million in Q4 and $1.4 billion in 2023. Achieved Q4 Adjusted EBITDA of $25 million and full-year EBITDA of $93 million. Outlook for 2024 EBITDA of $110-120 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Berry Global and Glatfelter Announce Plans for Tax-Free Spin-Off and Merger of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business with Glatfelter, Creating a Global Specialty Materials Leader
Rhea-AI Summary
Berry Global Group, Inc. (BERY) and Glatfelter Corporation (GLT) have entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment with Glatfelter, creating a leading, publicly-traded company in the specialty materials industry. The transaction values the combined company at $3.6 billion, with pro forma revenue of ~$3.6 billion and Adj. EBITDA of ~$455 million. Berry and Glatfelter shareholders will own 90% and 10% of the combined company, respectively. The deal is expected to enhance earnings power with expected cost synergies of at least $50 million by year three, and is a tax-efficient Reverse Morris Trust transaction. This strategic repositioning accelerates Berry's transition to a pure-play provider of global packaging solutions and improves Glatfelter’s leverage profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.78%
Tags
acquisition
News
Glatfelter Corporation to Report Earnings on February 22nd
Rhea-AI Summary
Glatfelter Corporation (NYSE: GLT) announced that it will release its 2023 fourth-quarter results on February 22, 2024, and will hold a conference call to discuss the results. The earnings release and financial supplement will be available on the Investor Relations website. Participants can dial in or access the webcast to listen to the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.48%
Tags
conferences earnings
-
News
Sontara® Announces Partnership with Tzuriel to Strengthen Brand Presence in Latin America
Rhea-AI Summary
Glatfelter Corporation (NYSE: GLT) has announced a growing partnership with Tzuriel, a Brazilian importer and exporter of specialty products, to advance the Sontara® brand in Latin America. Tzuriel will support Sontara®'s sales and distribution efforts in South America, leveraging its well-established network and logistics capabilities. The collaboration aims to deliver exceptional customer service in Portuguese, Spanish, and English languages, reflecting Glatfelter's commitment to innovation and excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
Tags
partnership
-
News
Glatfelter Reports Third Quarter 2023 Results
Rhea-AI Summary
Glatfelter Corporation reports Q3 2023 financial results, with net sales of approximately $330 million and a GAAP net loss of $19.7 million. The company achieved a sequential recovery in Adjusted EBITDA of $25.5 million and improved earnings from its Turnaround Strategy. However, it lowered its full-year EBITDA guidance by $10 million due to ongoing market weakness and lower volumes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.68%
Tags
earnings
News
Glatfelter Wins Supplier Award by Rockline Industries
Rhea-AI Summary
Glatfelter Corporation's subsidiary, Glatfelter Industries Asheville Inc., has received the RRITE Supplier Award from Rockline Industries. The award recognizes Glatfelter as a key supplier and highlights their commitment to delivering innovative, sustainable products with high-quality and customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
none
Stock GLT logo
Glatfelter Corporation

NYSE:GLT

GLT Rankings

#4513 Ranked by Market Cap
#4431 Ranked by Stock Gains
N/A Ranked by Dividends

GLT Stock Data

76.02M
35.92M
3.37%
81.23%
6.07%
Pulp Mills
Manufacturing
Link
US
York

About GLT

company overview headquartered in york, pennsylvania, glatfelter is a global manufacturer of specialty papers and engineered products, offering over a century of experience, technical expertise and world-class service. u.s. operations include facilities in spring grove, pennsylvania, and chillicothe and freemont, ohio. international operations include facilities in germany, france, uk, canada, the philippines and representative offices in china and russia. the company was started by philip h. glatfelter in 1864 and has grown dramatically throughout the years. currently, glatfelter’s sales exceed $1 billion annually and its common stock is traded on the new york stock exchange under the ticker symbol glt. glatfelter and its subsidiaries employ over 4,400 people worldwide. paralleling the commitment to quality products is glatfelter’s dedication to environmental responsibility and sustainability. environmental responsibility is a core value and a key element of glatfelter’s sustain