Welcome to our dedicated page for Greif news (Ticker: GEF), a resource for investors and traders seeking the latest updates and insights on Greif stock.
Greif, Inc. (GEF) is a global leader in industrial packaging products and services, with a history dating back to 1877. The company specializes in the production of a wide range of packaging solutions including steel, plastic, and fiber drums, intermediate bulk containers, and flexible products. Greif also manufactures containerboard, corrugated sheets, and a diverse array of specialty products.
Headquartered in Delaware, Ohio, Greif's operations are strategically positioned in over 35 countries, enabling the company to effectively serve both global and regional customers. Greif's three main business segments are Global Industrial Packaging, Paper Packaging and Services, and Land Management. These segments allow the company to address various market needs, from packaging and logistics to timber property management in North America.
In recent developments, Greif has partnered with IonKraft to explore innovative plasma-based coating technology aimed at improving the recyclability of industrial plastic packaging. Additionally, the company's new facility in Dallas, Texas, is set to expand its bulk corrugated business, bolstering its capacity to meet customer demands across the South and Southwest regions of the United States and Mexico.
Greif is also deeply committed to community initiatives and corporate social responsibility. The company has a longstanding tradition of supporting charitable organizations focused on education, health, and social services. Through collaborations such as the Greif Blocked Shots Platform, Greif is actively contributing to the well-being of communities in Central Ohio.
Financially, Greif continues to demonstrate robust performance. The company is scheduled to report its second-quarter financial results for 2024 on June 5, 2024, with a conference call to discuss the results the following day. The company remains focused on its vision to be the best-performing customer service company in the world, providing durable and sustainable packaging solutions across various industries.
Greif (NYSE: GEF, GEF.B) has appointed Jillian Evanko to its Board of Directors. Evanko, currently the President and CEO of Chart Industries (NYSE: GTLS), brings over 25 years of experience in the manufacturing and industrial sectors. She has held executive roles at Dover , Arthur Andersen, Honeywell, and Sony. Evanko holds an MBA from The University of Notre Dame and a BS in Business Administration from La Salle University. She has received multiple awards for her leadership, including the 2023 EY Entrepreneur of the Year Southeastern Finalist and the 2020 S&P Global Platts Energy Award for Chief Trailblazer. Greif's Chairman, Bruce Edwards, emphasized her proven track record in driving growth and profitability as key assets for the company's strategic goals.
Greif, a leader in industrial packaging, has declared a quarterly cash dividend of $0.52 per share for its Class A Common Stock and $0.78 per share for its Class B Common Stock. The dividends will be payable on July 1, 2024, to shareholders of record as of June 18, 2024. Greif, headquartered in Delaware, Ohio, operates over 250 facilities in 37 countries and employs more than 14,000 people.
The company offers a diverse range of packaging products and services, including steel, plastic, and fiber drums, intermediate bulk containers, containerboard, corrugated sheets, and more. Greif also manages timber properties in the southeastern United States.
Greif, a leader in industrial packaging products and services, has been named to Newsweek’s 2024 list of Top 100 Global Most Loved Workplaces. This recognition is based on surveys of over 2 million employees from companies of varying sizes. Greif has received this honor for the second consecutive year. CEO Ole Rosgaard attributed this success to the company's commitment to respect, care, and integrity for its employees. Executive VP Bala V. Sathyanarayanan emphasized that this accolade helps Greif attract top talent and enhance its diverse global culture. For more details, visit Newsweek's official ranking page.
Greif, Inc., a global leader in industrial packaging, will announce its 2024 second quarter financial results on June 5, 2024, followed by a conference call on June 6, 2024. The company produces a variety of packaging products and services and aims to be the best performing customer service company globally.
FAQ
What is the current stock price of Greif (GEF)?
What is the market cap of Greif (GEF)?
What does Greif, Inc. specialize in?
In how many countries does Greif operate?
What are the main business segments of Greif?
What recent partnership has Greif entered into?
What is the purpose of the new facility in Dallas, Texas?
What community initiatives is Greif involved in?
When will Greif report its second-quarter financial results for 2024?
What types of products does Greif manufacture?
How does Greif contribute to sustainability?
Where is Greif headquartered?
