Welcome to our dedicated page for Graphic Packaging Hldg Co news (Ticker: GPK), a resource for investors and traders seeking the latest updates and insights on Graphic Packaging Hldg Co stock.
Graphic Packaging Holding Company (NYSE: GPK) is a manufacturing company focused on folding paperboard box manufacturing and paper-based consumer packaging. News related to Graphic Packaging often centers on its role as a global leader in sustainable consumer packaging and its efforts to design and produce packaging made primarily from renewable or recycled materials. Because the company serves widely recognized brands in food, beverage, foodservice, household, and other consumer products, developments at Graphic Packaging can be relevant to multiple consumer and industrial supply chains.
On this page, readers can follow company announcements about operating conditions, cost and production optimization initiatives, and strategic plans such as its Vision 2025 transformation and Vision 2030 priorities. Recent communications have included updates on weather-related and operational disruptions at paperboard manufacturing facilities, guidance commentary, and actions to adjust inventory and production levels. The company also issues press releases about dividends, earnings conference calls, and participation in investor conferences.
Governance and leadership updates are another important category of news for Graphic Packaging. The company has announced leadership transitions at the chief executive officer level and has responded publicly to communications from shareholders regarding board and management decisions. Such items provide context on how the Board of Directors and management team are approaching long-term strategy, capital allocation, and shareholder engagement.
Investors, analysts, and other stakeholders can use this news feed to monitor earnings releases, operational updates, capital allocation decisions, and corporate governance developments at Graphic Packaging. Regular review of these items can help build an understanding of how the company is executing its sustainable packaging strategy and managing its manufacturing and financial profile over time.
Graphic Packaging Holding Company (NYSE: GPK) has appointed Andy Callahan to its Board of Directors. Callahan, a seasoned consumer packaged goods industry executive, brings 29 years of experience to GPK as the company pursues its Vision 2030 goals. His background includes leadership roles at Harry's Inc., Hostess Brands, Tyson Foods, Hillshire Brands, Sara Lee , and Kraft Foods. Callahan's expertise in driving growth for major consumer brands is expected to be valuable as GPK advances its growth trajectory and leverages its position as a global consumer packaging leader.
The appointment aligns with GPK's focus on sustainable packaging solutions and innovation for leading brands and retailers. Both the Chairman of the Board, Philip Martens, and President and CEO, Michael P. Doss, expressed enthusiasm about Callahan's addition to the board, highlighting his potential contributions to the company's strategic direction and growth initiatives.
Graphic Packaging Holding Company (NYSE: GPK) will announce its second quarter 2024 financial results on July 30, 2024, before the market opens. A conference call to discuss these results will follow at 10:00 a.m. ET, accessible via webcast and telephone. The webcast will be archived for replay from 1:00 p.m. ET the same day. Additionally, the company plans to release third-quarter 2024 results on October 29, 2024. Graphic Packaging, based in Atlanta, specializes in consumer packaging from renewable or recycled materials, serving leading global brands in various sectors.
Graphic Packaging Holding Company (NYSE: GPK), a top consumer packaging firm, announced that its Executive VP and CFO, Stephen R. Scherger, will present at the Wells Fargo Industrials Conference on June 11 at 2:30pm ET. The session will be a fireside chat, available live and on replay via webcast, accessible through the company's Investor section online.
Graphic Packaging, based in Atlanta, Georgia, specializes in designing and producing packaging primarily from renewable or recycled materials. The company is renowned for its innovation and commitment to reducing the environmental impact of packaging, serving major global brands in various sectors like food, beverage, and household products.
Graphic Packaging Holding Company (NYSE: GPK) announced a quarterly dividend of $0.10 per share of common stock. The dividend will be payable on July 5, 2024, to shareholders of record as of June 15, 2024. Based in Atlanta, Georgia, Graphic Packaging is a leading consumer packaging company focusing on renewable and recycled materials. The company operates a global network of design and manufacturing facilities, serving major brands in food, beverage, foodservice, household, and other consumer products sectors.
Graphic Packaging announced the pricing of $500 million senior notes offering due 2032 in a private offering. The notes will bear an annual interest rate of 6.375% and are expected to close on May 13, 2024. The net proceeds are estimated to be around $493 million, to be used for repayment of borrowings, fees, expenses, and general corporate purposes.
Graphic Packaging International, , a subsidiary of Graphic Packaging Holding Company, announced a proposed private offering of $500 million senior notes due 2032. The offering aims to repay outstanding borrowings, cover fees, and expenses related to the offering, and for general corporate purposes. The Senior Notes will be guaranteed by the parent company and certain subsidiaries. The offering targets qualified institutional buyers and non-U.S. persons.
Graphic Packaging Holding Company reported its first quarter 2024 financial results showcasing a decrease in net sales to $2,259 million, net income of $165 million, adjusted EBITDA of $443 million, and an adjusted earnings per diluted share of $0.66. The company also revealed the sale of its Augusta, Georgia manufacturing facility to Clearwater Paper and provided a 2024 annual guidance. Despite lower sales, the company remains optimistic about future growth opportunities.
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