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Sylvamo Corporation - SLVM STOCK NEWS

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

Sylvamo Corporation (SLVM) is a global leader in producing uncoated freesheet (UFS) paper products, boasting an extensive portfolio of top-tier brands and operating some of the most efficient and large-scale paper mills in the industry. Our company specializes in producing Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers, catering to a wide range of needs from everyday printing to specialized industrial applications.

Sylvamo operates in three key geographical segments: Europe, Latin America, and North America, ensuring a broad market presence and diversified revenue streams. With a commitment to sustainability, Sylvamo believes in the promise of paper to educate, communicate, and entertain, while maintaining an enduring bond to renewable natural resources.

Our purpose is to produce the paper you need in the most responsible and sustainable ways, aiming high to innovate and create value for our customers and investors. We are not just a paper company; we are a community-focused organization dedicated to the well-being of our forests, communities, and all stakeholders who rely on our products. From the forests we love to the communities where we live, we understand that the well-being of each part of the ecosystem is interconnected.

At Sylvamo, we are driven by a vision to help the world realize the promise of paper. Our latest projects and achievements reflect our relentless pursuit of excellence and sustainable growth. With a strong financial foundation, strategic partnerships, and a commitment to responsible practices, we are poised to lead the future of the paper industry.

Stay informed with the latest updates on our performance, events, and developments to understand how Sylvamo continues to innovate and uphold its values. Join us on our journey to make a lasting impact in the world of paper.

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Sylvamo (NYSE: SLVM) announces senior leadership changes, with Greg Gibson becoming senior vice president, Commercial Excellence, and Rodrigo Davoli becoming senior vice president and general manager, North America. Gibson will retire in 2024. A successor for Davoli's role in Latin America will be named soon.
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Sylvamo (NYSE: SLVM) will announce its first quarter earnings on May 9 before market opening. An audio webcast will occur at 10 a.m. EDT, accessible at investors.sylvamo.com. Participants can join via phone by calling +1-877-336-4440 for U.S. or +1-409-207-6984 internationally, using access code 6300968. Replays will be available on their website for one year and by phone for 90 days post-call. Sylvamo operates globally with a focus on producing papers essential for education, communication, and entertainment, generating $3.6 billion in net sales in 2022. Key insights and performance metrics will be anticipated during the earnings announcement.

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Sylvamo (NYSE: SLVM) announced early results for its Feb. 22 tender offer for 7% senior notes due 2029. As of March 7, 79.9% of the notes were validly tendered. The company plans to purchase all tendered notes at $1,000 per $1,000 principal amount, including a $30 early tender premium. Total cost for these notes is estimated at $360.1 million, financed by a $300 million term loan. The company is also amending the indenture to remove restrictive covenants. The final tender deadline is March 21, with payments anticipated by March 23.

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FAQ

What is the current stock price of Sylvamo Corporation (SLVM)?

The current stock price of Sylvamo Corporation (SLVM) is $85.35 as of November 4, 2024.

What is the market cap of Sylvamo Corporation (SLVM)?

The market cap of Sylvamo Corporation (SLVM) is approximately 3.5B.

What does Sylvamo Corporation specialize in?

Sylvamo Corporation specializes in producing uncoated freesheet (UFS) paper products, including Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers.

What are the key geographical segments of Sylvamo?

Sylvamo operates in three geographical segments: Europe, Latin America, and North America.

What is the significance of Sylvamo's commitment to sustainability?

Sylvamo is committed to producing paper in responsible and sustainable ways, reflecting our belief in the promise of paper to educate, communicate, and entertain while maintaining a bond with renewable natural resources.

How does Sylvamo create value for its customers and investors?

Sylvamo aims high, innovates, and focuses on sustainable practices to create value for its customers and investors, ensuring long-term growth and success.

What recent achievements has Sylvamo made?

Sylvamo's recent achievements include advancements in sustainable practices, strategic partnerships, and maintaining strong financial health, positioning itself as a leader in the paper industry.

What types of paper products does Sylvamo offer?

Sylvamo offers a wide range of paper products, including Copy and Printer papers, Commercial Printing papers, Converting papers, and Specialty papers.

Why is Sylvamo referred to as 'the world's paper company'?

Sylvamo is referred to as 'the world's paper company' due to its global presence, extensive product portfolio, and commitment to the entire ecosystem, from forests to communities.

How does Sylvamo support the communities where it operates?

Sylvamo supports the communities where it operates by focusing on sustainable practices, creating jobs, and engaging in community development initiatives.

What is Sylvamo's vision for the future of paper?

Sylvamo's vision for the future of paper is to help the world realize the promise of paper through innovation, sustainability, and community-focused efforts.

How can I stay updated with Sylvamo's latest news and developments?

You can stay updated with Sylvamo's latest news and developments by following their official announcements, visiting their website, and subscribing to updates on financial and industry news platforms.

Sylvamo Corporation

NYSE:SLVM

SLVM Rankings

SLVM Stock Data

3.47B
41.00M
0.79%
94.9%
2.49%
Paper & Paper Products
Paper Mills
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United States of America
MEMPHIS