Welcome to our dedicated page for Sonoco Prod news (Ticker: SON), a resource for investors and traders seeking the latest updates and insights on Sonoco Prod stock.
Sonoco Products Company reports recurring developments tied to its global packaging operations, including Consumer Packaging and Industrial Paper Packaging. News commonly covers quarterly and annual results, guidance, segment performance, portfolio simplification, capital allocation and common-stock dividends.
Company updates also address pricing for uncoated recycled paperboard, tubes, cores and converted paperboard products in North America and EMEA, along with capacity investments such as paper can production and nailed wood reel manufacturing. Sonoco news frequently connects these actions to demand in food, beverage, household, personal care, pharmaceutical, industrial and infrastructure-related packaging markets.
Sonoco (NYSE: SON) appointed Craig L. Nix, CPA to its Board of Directors effective Feb. 12, 2026. Mr. Nix is CFO of First Citizens BancShares (Nasdaq: FCNCA) and brings decades of corporate finance, accounting and capital-allocation experience.
He will serve as an independent director, join the Audit Committee and Financial Policy Committee, and will stand for election at Sonoco’s next Annual General Meeting.
Sonoco (NYSE: SON) declared a quarterly common stock dividend of $0.53 per share, payable March 10, 2026, to shareholders of record as of February 25, 2026. The company said this marks its 403rd consecutive quarter and 100th year of dividend payments and the 42nd consecutive year of annual dividend increases. Based on Sonoco's closing price on February 10, 2026, the dividend yields approximately 4.1%, more than double the S&P 500 dividend yield.
Sonoco (NYSE:SON) and ENGIE North America began delivery under a 15-year Virtual Power Purchase Agreement for production from ENGIE’s Big Sampson Wind Project in Crockett County, Texas.
The VPPA covers an estimated 140 megawatts per year, about 83% of Sonoco’s U.S. electricity needs in 2025 and roughly 52% of Big Sampson’s expected output, and is expected to cut Sonoco’s baseline carbon emissions by ~19%.
Sonoco (NYSE: SON) announced that Chief Operating Officer Rodger Fuller will retire effective February 28, 2026 after a 40-year career. Fuller served as COO since 2020 and recently acted as Interim CEO of Sonoco’s Metal Packaging EMEA business through end of 2025. Sonoco will not appoint a replacement COO; instead each business unit president will report directly to Howard Coker, President and CEO. Fuller joined Sonoco in 1985 and held multiple senior operations and commercial roles during his tenure.
Sonoco (NYSE: SON) will release its 2025 fourth-quarter and full-year results at approximately 4:00 p.m. ET on Monday, February 16, 2026. The company will host an Investor Day on Tuesday, February 17, 2026 at the Lotte New York Palace in New York, beginning at 8:00 a.m. ET, with management remarks, slides and a Q&A reviewing the 2025 results and strategy.
The earnings release will be posted on Sonoco’s Investor Relations website on February 16, 2026, and the Investor Day presentation will be posted at approximately 7:45 a.m. ET on February 17, 2026. A live webcast will open at 7:45 a.m. ET on February 17, 2026, with a digital replay available about two hours after the live event. Webcast URL: https://events.q4inc.com/attendee/160534306.
Sonoco (NYSE: SON) is consolidating its Metal Packaging and Rigid Paper Containers into a single Consumer Packaging segment organized by two geographies: Consumer Packaging EMEA/APAC and Consumer Packaging Americas. New leaders Seán Cairns (President, EMEA/APAC) and Ernest Haynes (President, Americas) will report to CEO Howard Coker. The reorganization aims to simplify operations, enable substrate-agnostic selling across steel, aluminum and paper cans, and drive innovation and collaboration.
Rodger Fuller remains COO and will support the EMEA integration following his interim CEO role. The transition is expected to conclude in Q1 2026. The Industrial Paper Packaging segment continues under James Harrell.
Sonoco (NYSE: SON) announced on Nov 3, 2025 that it completed the sale of its ThermoSafe business to Arsenal Capital Partners for up to $725 million.
The consideration is $650 million payable at closing on a cash-free, debt-free basis plus up to $75 million of additional consideration if specified 2025 performance measures are met. Sonoco said net proceeds will be used to repay existing debt and that, pro forma for the transaction and excluding any additional consideration, expected net proceeds are projected to reduce Sonoco’s net leverage ratio to approximately 3.4x (using 2025 adjusted EBITDA midpoint less ThermoSafe proforma adjusted EBITDA).
Arsenal Capital Partners completed the acquisition of ThermoSafe from Sonoco (NYSE: SON) on November 3, 2025. ThermoSafe, based in Arlington Heights, Illinois, is a global provider of temperature assurance technologies for pharmaceuticals, biologics, vaccines, and other healthcare products, offering bio-based insulation, reusable solutions, and customized testing via ISC Labs®.
Arsenal said the deal aligns with its focus on specialty packaging and healthcare technologies and plans to partner with ThermoSafe leadership to expand the business. Raymond James and Morgan Stanley served as financial advisors; Kirkland & Ellis and Freshfields served as legal counsel.
Sonoco (NYSE: SON) reported third quarter results for the period ended September 28, 2025, with net sales of $2.13 billion (up 57.3% YoY) and GAAP net income of $122.9 million (diluted EPS $1.23). Adjusted results included adjusted net income of $191.2 million and adjusted diluted EPS of $1.92. Third-quarter adjusted EBITDA was $386 million. The company entered an agreement to sell its ThermoSafe business for up to $725 million, with net proceeds expected to repay debt. Sonoco lowered full-year adjusted EPS guidance to $5.65–$5.75, and trimmed expected operating cash flow to $700–$750 million.
Balance sheet highlights: cash $245 million, total debt $5.2 billion, net debt $4.9 billion, and available liquidity $1,405 million. Management cited seasonal working capital build, Q4 volume weakness expectations, and targeted restructuring actions to improve cash flow.
Sonoco (NYSE: SON) declared a quarterly common stock dividend of $0.53 per share. The dividend will be paid on December 10, 2025 to shareholders of record as of November 10, 2025. This marks the 402nd consecutive quarter and the 100th year of dividend payments dating back to 1925, and is the 42nd consecutive year the company has increased its annualized dividend. Based on Sonoco's closing stock price on October 13, 2025, the dividend equates to an approximate 5.35% yield, stated as more than double the dividend yield of the S&P 500 Index.