Welcome to our dedicated page for Westrock news (Ticker: WRK), a resource for investors and traders seeking the latest updates and insights on Westrock stock.
WestRock Co. provides sustainable fiber-based paper and packaging solutions through integrated packaging capabilities serving customers across the Americas, Europe, Asia-Pacific and Australia. Company news commonly covers corrugated packaging capacity, including regional operations for the Great Lakes market, and product innovation aimed at replacing plastic with fiber-based materials.
Recurring WestRock updates also include sustainability reporting, renewable energy agreements tied to greenhouse gas reduction targets, operating and financial results, dividend declarations, capital-structure disclosures and stockholder governance matters. Coverage of the company centers on packaging demand, manufacturing footprint, sustainability initiatives and public-company actions affecting its common stock.
WestRock Company (NYSE: WRK) has announced a quarterly dividend of $0.24 per share, payable to shareholders on August 24, 2021. Stockholders of record as of the close of business on August 13, 2021, will qualify for this dividend. This decision reflects WestRock's ongoing commitment to providing value to its shareholders while supporting its sustainable paper and packaging solutions across global markets.
WestRock Company (NYSE: WRK) has announced a commitment to establish a new greenhouse gas emissions reduction target aligned with climate science, with a goal to develop, validate, and publish this target within 24 months. The initiative is part of WestRock's effort to enhance its sustainability practices, emphasizing partnerships with customers and communities. This announcement builds on the company's leadership in sustainable packaging solutions, particularly in promoting fiber-based alternatives to plastics. For further details on sustainability efforts, visit WestRock's sustainability report.
WestRock Company (NYSE: WRK) will host a conference call on August 5, 2021, at 8:30 am ET to discuss its third quarter fiscal 2021 results. A press release with detailed financial results will be issued before the market opens. Investors can access the webcast, presentation, press release, and other relevant information on the Investors section of WestRock's website. For participation via teleconference, investors should call 833-714-0928 within the U.S. or +1 778-560-2887 outside the U.S., entering passcode 5748195.
WestRock Company (NYSE: WRK) has launched the EverGrow™ Collection, expanding its produce packaging offerings. This collection utilizes sustainably sourced wood fiber and is curbside recyclable, aligning with WestRock's goal of a fully reusable, recyclable, and compostable product portfolio. The EverGrow Collection includes various packaging types designed for operational efficiencies and superior retail branding. The initiative supports sustainability efforts in the produce industry, with partners like Niagara Orchards and Vineyard Corp actively using these innovative solutions to reduce reliance on plastic.
WestRock Company (NYSE: WRK) announced the retirement of Jeff Chalovich, the president of Corrugated Packaging, effective August 2021, after a 23-year career. The company is restructuring its leadership to enhance commercial strategies, operational excellence, and sustainability. Patrick Lindner is appointed president of Commercial, Innovation, and Sustainability; Patrick Kivits becomes president of Consumer Packaging; Pete Durette leads Corrugated Packaging; John O’Neal heads Global Paper; and Tom Stigers oversees Mill Operations. These changes aim to drive efficiencies and deliver growth.
WestRock Company (NYSE: WRK) will participate in the Deutsche Bank Global Basic Materials Conference on June 9, 2021. CEO David B. Sewell and CFO Ward Dickson will discuss the company's financial and operational performance at 10:30 am ET. The presentation will be available via webcast on WestRock’s official website.
Summary not available.
WestRock Company (NYSE:WRK) reported its fiscal second quarter results for the period ending March 31, 2021, with net sales of $4.4 billion, remaining flat year-over-year despite a $189 million impact from ransomware and winter weather events. The company declared a quarterly dividend of $0.24 per share, a 20% increase. Diluted earnings per share were $0.42, reflecting an $80 million pre-tax impact from disruptions. Notably, North American box shipments increased 5.5% year-over-year, demonstrating resilience in operations.
WestRock Company (NYSE: WRK) announced a quarterly dividend of $0.24 per share, a $0.04 increase from the previous rate, marking a 20% annualized rise. This dividend will benefit stockholders recorded by the close of business on May 19, 2021, with payments made on May 28, 2021. CEO David B. Sewell emphasized the company's confidence in its business and cash flow generation capabilities, as well as its commitment to a sustainable dividend and returning value to shareholders.
WestRock Company (NYSE: WRK) has scheduled a conference call for May 5, 2021, at 8:30 am ET to discuss its second quarter fiscal 2021 results. The financial results will be released prior to market open on the same day. The call will be accessible via a webcast and will include a presentation and relevant financial information on the Investors section of the WestRock website. Investors can participate by calling in 15 minutes early with the specified passcode.