Welcome to our dedicated page for International Paper Co news (Ticker: IP), a resource for investors and traders seeking the latest updates and insights on International Paper Co stock.
International Paper (IP) is a global leader in renewable fiber-based packaging, pulp, and paper solutions serving industries worldwide. This news hub provides investors and stakeholders with authoritative updates on corporate developments directly impacting the packaging sector.
Access timely announcements including quarterly earnings, sustainability initiatives, operational expansions, and leadership updates. Our curated collection features press releases on product innovations, recycling advancements, and strategic partnerships that shape IP's market position.
Key coverage areas: financial performance disclosures, manufacturing capacity changes, environmental stewardship programs, and supply chain developments. Bookmark this page for verified updates on IP's progress in sustainable packaging solutions and global market strategies.
International Paper (NYSE: IP) declared a quarterly dividend of $0.4625 per share for common stock, payable on December 15, 2022, to shareholders on record as of November 15, 2022. Additionally, a dividend of $1.00 per share for the cumulative preferred stock is also declared for the same period, with the same payment date. The company's net sales in 2021 were $19.4 billion. International Paper specializes in renewable fiber-based products and operates globally, employing approximately 38,000 colleagues.
International Paper Company (NYSE: IP) announced the pricing terms for a cash tender offer for up to $497.658 million of various outstanding notes. The offer includes notes with rates ranging from 4.350% to 8.700%, with the total consideration based on fixed spreads over the yield of U.S. Treasury securities. Holders of validly tendered notes by the early deadline on September 23, 2022, will receive total consideration plus accrued interest. The early settlement date is expected on September 27, 2022.
International Paper (NYSE: IP) plans to announce its third-quarter earnings on October 27, 2022, prior to the NYSE opening. A webcast discussing the earnings and current market conditions will start at 10:00 a.m. ET. Participants can join via the company's website or by calling in. The company, headquartered in Memphis, Tenn., reported net sales of $19.4 billion for 2021 and is a key player in renewable fiber-based products, manufacturing across North America, Latin America, North Africa, and Europe.
International Paper Company (NYSE: IP) announced early tender results for its cash tender offer, increasing the aggregate maximum amount from $400 million to $497.658 million. As of September 23, 2022, a total of $1.241 billion in principal amount of notes was validly tendered. The offer includes various series of notes due between 2023 and 2048. Due to high demand exceeding the new limit, only notes with acceptance priority levels 1 through 10 will be purchased, with settlement expected on September 27, 2022.
International Paper (NYSE: IP) has initiated a cash tender offer for up to $400 million of its outstanding debt securities, which include various notes due between 2023 and 2048. This announcement, made on September 12, 2022, reveals the company’s focus on managing its debt structure. The offer will expire on October 7, 2022, unless extended, with an early tender deadline set for September 23, 2022. The maximum purchase amount is categorized into 16 different note issues, prioritizing acceptance based on specified conditions.
International Paper (NYSE: IP) reported strong second quarter 2022 results with net earnings of $511 million ($1.38 per diluted share), up from $360 million in Q1 2022 and $432 million in Q2 2021. Adjusted operating earnings reached $459 million ($1.24 per diluted share), compared to $288 million in Q1 2022 and $325 million in Q2 2021. Year-over-year revenue grew 13% to $5,389 million. The company returned $565 million to shareholders, enhancing confidence in its financial stability amid rising input costs and supply chain challenges.
International Paper (NYSE: IP) declared a quarterly dividend of $0.4625 per share for the period of July 1, 2022, to September 30, 2022, payable on September 15, 2022. Shareholders of record must hold their shares by the close of business on August 15, 2022. Additionally, a regular quarterly dividend of $1.00 per share on the cumulative preferred stock was also announced for the same period, with identical payment terms. International Paper is a major supplier of renewable fiber-based products, with net sales reaching $19.4 billion in 2021.
International Paper (NYSE: IP) will announce its second-quarter earnings on July 28, 2022, prior to NYSE opening. A webcast is scheduled at 10 a.m. ET to discuss the earnings and market conditions. Interested parties can access the presentation via the company’s website. The company reported net sales of $19.4 billion in 2021 and employs approximately 38,000 people globally, manufacturing corrugated packaging products and pulp for personal care products.
Always and International Paper are collaborating to address period poverty in the U.S. ahead of Menstrual Hygiene Day on May 28. They hosted an event in Washington D.C. to support Congresswoman Grace Meng’s Menstrual Equity for All Act, which aims to provide free period products in schools. Since 2018, Always has donated over 160 million period products globally. Awareness efforts include partnering with activist Jameela Jamil. The bill, if passed, would ensure greater access to essential period products for students nationwide.
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