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MEMPHIS, Tenn. , Jan. 30, 2025 /PRNewswire/ -- International Paper (NYSE: IP) today reported full-year 2024 net earnings of $557 million, or $1.57 per diluted share, and adjusted operating earnings (non-GAAP) of $400 million, or $1.13 per diluted share.
MEMPHIS, Tenn. , Jan. 28, 2025 /PRNewswire/ -- International Paper (NYSE: IP) today declared a quarterly dividend of $0.4625 per share for the period from January 1, 2025 to March 31, 2025, inclusive, on the common stock, par value $1.00, of the Company, payable on March 17, 2025 to holders of record at the close of business on February 24, 2025.
IP's Q4 results are likely to reflect the impact of two fewer shipping days on volumes, which will be somewhat offset by higher prices.
U.S.-based International Paper secured EU clearance for its 5.8-billion-pound ($7.2 billion) acquisition of UK rival DS Smith with a pledge to sell assets to address competition concerns.
MEMPHIS, Tenn. , Jan. 24, 2025 /PRNewswire/ -- On 16 April 2024, the boards of International Paper Company ("International Paper") and DS Smith Plc ("DS Smith") announced that they had reached agreement on the terms of a recommended all-share combination of DS Smith with International Paper (the "Combination"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme").
MEMPHIS, Tenn. , Jan. 22, 2025 /PRNewswire/ -- Today, International Paper (NYSE:IP) announced its Board of Directors elected Joy Roman to the newly created role of Senior Vice President, Chief People and Strategy Officer, reporting to Chairman and CEO Andy Silvernail.
International Paper (IP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
U.S.-based International Paper is set to receive EU approval for its 5.8 billion pound ($7.12 billion) acquisition of UK rival DS Smith after agreeing to sell assets to address competition concerns, people with direct knowledge of the matter said on Tuesday.
International Paper, Suzano Klabin and Sylvamo have been highlighted in this Industry Outlook article.
Growing e-commerce and demand for sustainable packaging boost prospects of the Zacks Paper and Related Products industry, thereby benefiting IP, SUZ, KLBAY and SLVM.