STOCK TITAN

Mativ Holdings, Inc. - MATV STOCK NEWS

Welcome to our dedicated page for Mativ Holdings news (Ticker: MATV), a resource for investors and traders seeking the latest updates and insights on Mativ Holdings stock.

Mativ Holdings, Inc. (symbol: MATV) is a diversified global producer specializing in premium specialty papers and advanced resin-based products. The company operates in two main segments: Advanced Materials and Structures and Engineered Papers.

The Advanced Materials and Structures segment focuses on the production of resin-based rolled goods used in diverse applications such as filtration, infrastructure, construction, transportation, industrial, and medical markets. This segment has grown significantly through strategic acquisitions, including DelStar Technologies in 2013 and Argotec in late 2015, among others. These acquisitions have expanded Mativ's product portfolio and market reach.

The Engineered Papers segment produces high-quality cigarette papers and reconstituted tobacco products essential for the tobacco industry, which continues to be a key focus area for the company. In addition to tobacco products, this segment also manufactures various non-tobacco specialty paper products.

Mativ Holdings conducts business in over 90 countries and employs around 3,000 people globally. Its operational footprint spans the United States, United Kingdom, France, Russia, Spain, Luxembourg, Brazil, Canada, Poland, and China, including joint ventures in select regions.

The company is in the midst of a strategic transformation aimed at diversifying its product offerings and reducing dependency on the tobacco industry. Recent achievements, including successful acquisitions and expansion into new market segments, underscore Mativ's commitment to innovation and growth.

Financially, Mativ Holdings remains robust, leveraging its diversified portfolio to withstand market fluctuations. Its long-standing partnerships and continuous investment in advanced materials and technologies position the company as a leader in both traditional and emerging markets.

Rhea-AI Summary
Conwed, a netting manufacturer, unveils refreshed branding and new website showcasing its innovative netting offerings. Conwed is now part of Mativ, a global leader in specialty materials. The new branding honors Conwed's legacy while advancing the brand as modern and innovative. The website provides richer insight into Conwed's market segments and products. The new branding will be showcased at the Global Produce and Floral Show.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
none
-
Rhea-AI Summary
Ingersoll Rand appoints Julie Schertell and JoAnna Sohovich to its Board of Directors. Schertell brings experience in global strategies and transformation, while Sohovich excels in innovation and digital growth initiatives. Their perspectives will support the company's economic and digital growth strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
Tags
management
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
Rhea-AI Summary
Mativ Holdings, Inc. (NYSE: MATV) announces Mark W. Johnson as the new Chief Legal Officer and Rajeev Kapur as the Chief Information Officer. Johnson, a well-known legal expert, will succeed Ricardo Nuñez as chief legal officer, while Kapur, a pioneer in leading analytical technologies, has been named the new CIO. Both will report directly to CEO Julie Schertell.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
-
Rhea-AI Summary
Mativ Holdings, Inc. has received a binding offer of $620 million from Evergreen Hill Enterprise to acquire its Engineered Papers business. The net proceeds of approximately $575 million will be used to reduce debt. The proposed sale price reflects a 6.5x multiple on Engineered Papers' trailing 12-month Adjusted EBITDA. Mativ also plans to revise its capital allocation strategy with a resized annual dividend and a new share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.79%
Tags
none
Rhea-AI Summary
Mativ Holdings, Inc. (NYSE: MATV) will announce its second quarter 2023 results on August 9, 2023, followed by a conference call on August 10, 2023. The presentation will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.79%
Tags
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.84%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.88%
Tags
none

FAQ

What is the current stock price of Mativ Holdings (MATV)?

The current stock price of Mativ Holdings (MATV) is $13.19 as of November 22, 2024.

What is the market cap of Mativ Holdings (MATV)?

The market cap of Mativ Holdings (MATV) is approximately 976.3M.

What does Mativ Holdings, Inc. specialize in?

Mativ Holdings, Inc. specializes in premium specialty papers and advanced resin-based products for various industries.

What are the main segments of Mativ Holdings?

The main segments are Advanced Materials and Structures, and Engineered Papers.

Which markets does the Advanced Materials and Structures segment serve?

This segment serves filtration, infrastructure, construction, transportation, industrial, and medical markets.

What products does the Engineered Papers segment produce?

It produces cigarette papers, reconstituted tobacco products, and various non-tobacco specialty paper products.

What recent achievements has Mativ Holdings made?

Recent achievements include strategic acquisitions like DelStar Technologies and Argotec, which have expanded their product portfolio.

How many countries does Mativ Holdings operate in?

Mativ Holdings operates in over 90 countries worldwide.

How many employees does Mativ Holdings have?

The company employs approximately 3,000 people globally.

What is the focus of Mativ Holdings' strategic transformation?

The focus is on diversifying the product portfolio and reducing dependency on the tobacco industry.

What are Mativ Holdings' key markets?

Key markets include the United States, United Kingdom, France, Russia, Spain, Luxembourg, Brazil, Canada, Poland, and China.

How does Mativ Holdings remain financially robust?

By leveraging its diversified portfolio and strong partnerships, Mativ Holdings can withstand market fluctuations and maintain financial stability.

Mativ Holdings, Inc.

NYSE:MATV

MATV Rankings

MATV Stock Data

976.26M
53.03M
2.4%
94.79%
1.87%
Specialty Chemicals
Paper Mills
Link
United States of America
ALPHARETTA