Welcome to our dedicated page for Sylvamo news (Ticker: SLVM), a resource for investors and traders seeking the latest updates and insights on Sylvamo stock.
Sylvamo Corporation reports developments for an uncoated papers company with mills in Europe, Latin America and North America. The company produces uncoated freesheet papers for copy and printer use, commercial printing, converting and specialty applications, and also produces market pulp.
Recurring news for SLVM includes quarterly and annual earnings, regional segment conditions, mill operations, strategic investments, product supply and cost pressures tied to energy, chemicals, diesel and ocean freight. Company updates also cover dividend declarations, capital allocation, cash returns to shareowners, investor conference participation, and board or executive leadership changes.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Sylvamo (NYSE: SLVM) will announce its first quarter earnings on May 9 before market opening. An audio webcast will occur at 10 a.m. EDT, accessible at investors.sylvamo.com. Participants can join via phone by calling +1-877-336-4440 for U.S. or +1-409-207-6984 internationally, using access code 6300968. Replays will be available on their website for one year and by phone for 90 days post-call. Sylvamo operates globally with a focus on producing papers essential for education, communication, and entertainment, generating $3.6 billion in net sales in 2022. Key insights and performance metrics will be anticipated during the earnings announcement.
Sylvamo (NYSE: SLVM) announced early results for its Feb. 22 tender offer for 7% senior notes due 2029. As of March 7, 79.9% of the notes were validly tendered. The company plans to purchase all tendered notes at $1,000 per $1,000 principal amount, including a $30 early tender premium. Total cost for these notes is estimated at $360.1 million, financed by a $300 million term loan. The company is also amending the indenture to remove restrictive covenants. The final tender deadline is March 21, with payments anticipated by March 23.
Sylvamo (NYSE: SLVM) announced that its CEO, Jean-Michel Ribiéras, has been reappointed to the U.S.-Brazil CEO Forum for the term 2023-2026 by Secretary of Commerce Gina Raimondo. Ribiéras, who has been a member since 2021, will collaborate with other business leaders to enhance trade between the U.S. and Brazil. Sylvamo, headquartered in Memphis, Tennessee, operates paper mills in both countries, contributing to the essential paper supply for education and communication. In 2022, Sylvamo reported net sales of $3.6 billion and employs over 6,500 people globally.
Sylvamo (NYSE: SLVM), the world's leading paper company, will participate in the BofA Securities 2023 Global Agriculture and Materials Conference on Thursday, March 2, in Fort Lauderdale, Florida. CEO Jean-Michel Ribiéras and other leaders will discuss the paper and packaging sector during a panel discussion at 2:30 p.m. EST, which will also be streamed online. Interested attendees can register to watch the webcast here. More details about the presentation will be available at investors.sylvamo.com.