Welcome to our dedicated page for Graphic Packaging Hldg news (Ticker: GPK), a resource for investors and traders seeking the latest updates and insights on Graphic Packaging Hldg stock.
Graphic Packaging Holding Company reports developments tied to its paper-based consumer packaging business, which serves food, beverage, foodservice, household and other consumer-product markets. Its updates commonly address operating and financial results, cash flow, capital allocation, dividend actions and capital-structure matters.
Company news also covers governance and leadership changes, board appointments, investor communications and sustainability initiatives. Recent themes include renewable electricity agreements, greenhouse-gas reduction programs and the company's global network of design and manufacturing operations across the Americas, Europe and Asia Pacific.
Graphic Packaging International announced that New Seasons Market will adopt its sustainable PaperSeal tray for packaging Partner Brand Fresh Pasta, replacing plastic clamshells. This transition will eliminate 120,000 plastic packs annually, showcasing a 91% reduction in plastic use per pack. The PaperSeal tray, made from renewable fiber and designed for recyclability, has gained recognition in regions like Europe, Japan, and Australia. The initiative aligns with the industry's move towards environmentally friendly solutions.
Graphic Packaging Holding Company (NYSE: GPK) will announce its first quarter 2022 financial results before market opens on April 26, 2022. A conference call to discuss these results is scheduled for 10:00 a.m. ET, accessible via webcast from the company's website. For those wishing to participate via telephone, dial-in numbers are provided for the United States, Canada, and international participants. The second quarter results release is tentatively set for July 26, 2022.
Graphic Packaging Holding Company (NYSE:GPK) has appointed Aziz Aghili to its Board of Directors, effective March 1, 2022. Aghili, who brings extensive global leadership experience from Dana Incorporated, where he serves as executive VP, will enhance the board's strategic capabilities. His background includes over 20 years at Meritor and roles at Nissan and General Electric. The appointment comes as David D. Campbell retires after a decade of service. Aghili's integration of acquisitions and manufacturing synergies are expected to support Graphic Packaging's growth in sustainable packaging solutions.
Graphic Packaging Holding Company (NYSE: GPK) announced that Stephen R. Scherger, Executive Vice President and CFO, will present at the BofA Securities Global Agriculture and Materials Conference and the Raymond James 43rd Annual Institutional Investors Conference. The fireside chats are scheduled for March 2 at 7:30 a.m. ET and March 7 at 8:40 a.m. ET. Both discussions will be available live and on-demand via webcast on the company's website.
Graphic Packaging Holding Company (NYSE: GPK) has declared a quarterly dividend of $0.075 per share for its stockholders. The dividend is set for those on record as of March 15, 2022, with a payment date of April 5, 2022. This decision reflects the company's commitment to providing returns to its investors and highlights its solid financial position.
Graphic Packaging (NYSE:GPK) reported a 9% increase in net sales for 2021, totaling $7,156 million, driven by improved volume and pricing. Net income rose to $204 million, or $0.68 per share, despite $137 million in special charges. Adjusted EBITDA decreased to $1,056 million from $1,070 million, impacted by commodity inflation. The company executed $850 million in pricing actions to counter rising input costs. Liquidity stood at $1,288 million at year-end. The strategic AR Packaging acquisition enhances growth prospects, and 2022 EBITDA is projected between $1.4 and $1.6 billion.
Graphic Packaging Holding Company (NYSE: GPK) will release its fourth quarter and full year 2021 financial results on February 17, 2022, before market opening. This announcement will coincide with an Investor Day, featuring updates on the Company's Vision 2025 initiative. The live webcast will begin at 9 a.m. ET, with an archived version available afterward. Additionally, GPK has scheduled its first quarter 2022 financial results for April 26, 2022.
Graphic Packaging Holding Company has appointed Maggie Bidlingmaier as EVP and President of the Americas business unit, effective immediately. With a background at Invista, she brings leadership experience that aligns with the company's vision of market growth.
Joe Yost transitions to EVP and President of the International business unit. He will oversee operations outside the Americas, crucial for integrating the recent AR Packaging acquisition. These strategic appointments aim to enhance team dynamics and accelerate growth, ultimately benefiting stakeholders.
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Graphic Packaging Holding Company (NYSE: GPK) announced that Executive Vice President and CFO, Stephen R. Scherger, will present at Citi's 2021 Basic Materials Virtual Conference. The presentation is scheduled for December 1, 2021, at 10:15 am ET, and will take the form of a fireside chat. Investors can access the live and replay webcast on the Graphic Packaging website.
Headquartered in Atlanta, Georgia, Graphic Packaging is a leader in sustainable fiber-based packaging solutions for various industries.