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Graphic Packaging Hldg Co - GPK STOCK NEWS

Welcome to our dedicated page for Graphic Packaging Hldg Co news (Ticker: GPK), a resource for investors and traders seeking the latest updates and insights on Graphic Packaging Hldg Co stock.

Graphic Packaging Holding Company (NYSE: GPK), a global leader in renewable paperboard packaging solutions, provides this centralized hub for investors and industry stakeholders to track its latest developments. Access timely updates on earnings reports, sustainability initiatives, product innovations, and strategic partnerships that shape the company’s position in the consumer packaging sector.

This resource offers a comprehensive view of GPK’s activities across its core segments: Paperboard Manufacturing, Americas Packaging, and Europe Packaging. Stay informed about advancements in microwave-safe food containers, coated recycled board technologies, and collaborations with global consumer brands.

Discover how GPK balances operational excellence with environmental stewardship through press releases detailing recyclable packaging designs and energy-efficient manufacturing processes. Bookmark this page for direct access to primary sources that matter for investment research and market analysis in the paper-based packaging industry.

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Graphic Packaging announced the pricing of $500 million senior notes offering due 2032 in a private offering. The notes will bear an annual interest rate of 6.375% and are expected to close on May 13, 2024. The net proceeds are estimated to be around $493 million, to be used for repayment of borrowings, fees, expenses, and general corporate purposes.

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Graphic Packaging International, , a subsidiary of Graphic Packaging Holding Company, announced a proposed private offering of $500 million senior notes due 2032. The offering aims to repay outstanding borrowings, cover fees, and expenses related to the offering, and for general corporate purposes. The Senior Notes will be guaranteed by the parent company and certain subsidiaries. The offering targets qualified institutional buyers and non-U.S. persons.

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Graphic Packaging Holding Company reported its first quarter 2024 financial results showcasing a decrease in net sales to $2,259 million, net income of $165 million, adjusted EBITDA of $443 million, and an adjusted earnings per diluted share of $0.66. The company also revealed the sale of its Augusta, Georgia manufacturing facility to Clearwater Paper and provided a 2024 annual guidance. Despite lower sales, the company remains optimistic about future growth opportunities.

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Graphic Packaging Holding Company (GPK) will announce its first quarter 2024 financial results on April 30th, with a call scheduled to discuss the results. The Company has also set a tentative date for the release of second quarter 2024 financial results.
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Graphic Packaging Holding Company (NYSE: GPK) reported solid financial results for 2023 with Net Sales of $9,428 million, a flat year-over-year comparison, and Net Income of $723 million, a 39% increase. Adjusted EBITDA rose by 17% to $1,876 million. Earnings per Diluted Share and Adjusted Earnings per Diluted Share also saw significant increases. The company's President and CEO highlighted strong execution and profitability despite a 4% negative organic sales growth in 2023. Graphic Packaging expects to return to positive organic sales growth in 2024 with a robust innovation pipeline.
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Graphic Packaging Holding Company (NYSE:GPK) sells its Augusta bleached paperboard manufacturing facility to Clearwater Paper Corporation for approximately $700 million, enhancing Clearwater's position as a premier paperboard supplier in North America.
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Graphic Packaging Holding Company (GPK) declares a quarterly dividend of $0.10 per share of common stock, payable on April 5, 2024.
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Graphic Packaging Holding Company (GPK) executives to present at upcoming conferences for investors. Michael P. Doss and Stephen R. Scherger to participate in fireside chats at Bank of America Securities Global Agriculture and Materials Conference and Raymond James Institutional Investors Conference.
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Graphic Packaging Holding Company (NYSE: GPK) will announce Q4 and full year 2023 financial results on February 20th, followed by an Investor Day on February 21st to discuss the company's transformation as a global consumer packaging leader. The webcast will be available on the company's website. The tentative date for Q1 2024 financial results release is April 30, 2024.
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Graphic Packaging Holding Company (NYSE: GPK) appoints Mark Connelly as Senior Vice President, Investor Strategy and Development to expand and diversify the company's investor network globally. Connelly, with over 20 years of experience as a securities analyst and strategy consultant, will report to CFO Stephen Scherger and work closely with Melanie Skijus, who leads the investor relations function. CEO Michael P. Doss highlights the company's reshaping to offer sustainable packaging for consumers' everyday needs. Connelly's expertise in capital deployment and strategy aims to fine-tune and extend the company's value creation story.
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Graphic Packaging Hldg Co

NYSE:GPK

GPK Rankings

GPK Stock Data

7.60B
295.76M
1.41%
110.09%
7.01%
Packaging & Containers
Paperboard Containers & Boxes
Link
United States
ATLANTA