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Sonoco Prod - SON STOCK NEWS

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

Sonoco Products Company (NYSE: SON) is a global leader in diversified packaging solutions serving consumer goods, industrial, and retail markets. This news hub provides investors and industry professionals with comprehensive coverage of Sonoco's strategic developments, operational updates, and sustainability initiatives.

Track critical updates including quarterly earnings reports, packaging innovation announcements, sustainability achievements, and strategic partnerships. Our curated collection features official press releases, market analyses, and regulatory filings to help stakeholders monitor Sonoco's position in the competitive packaging sector.

Key focus areas include advancements in recyclable materials, manufacturing efficiency improvements, and expansion of the company's global supply chain capabilities. Regular updates cover Sonoco's progress in meeting environmental goals while maintaining its leadership in paperboard containers and protective packaging solutions.

Bookmark this page for real-time updates on SON's business performance, including developments in food-safe packaging technologies and industrial packaging applications. Stay informed about this packaging innovator's responses to evolving market demands and regulatory changes affecting the global container industry.

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Sonoco Products Company, a leading global sustainable packaging company, will announce its first quarter 2024 results on April 30, 2024. The Company will hold a conference call on May 1, 2024, to discuss the results. Investors can access the live webcast and supporting materials on the Sonoco Investor Relations website. A webcast replay will be available for 30 days after the call.
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Sonoco, a global sustainable packaging company, released its 2023 Corporate Sustainability Report detailing progress on ESG initiatives. The report highlights an 8% YOY decrease in greenhouse gas emissions, a Virtual Power Purchase Agreement, the formation of the Poly Coated Paper Alliance, redesigned packaging for recyclability, and support for diverse suppliers.
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Sonoco (SON) has announced an increase in its quarterly stock dividend to $0.52 per share, marking the 41st consecutive year of dividend growth. The new dividend will be paid on June 10, 2024, to shareholders of record as of May 10, 2024. Sonoco's annualized dividend payout now stands at $2.08 per share, reflecting the company's commitment to rewarding shareholders. Howard Coker, President and CEO, highlighted the long-standing history of dividend payments dating back to 1925, showcasing the company's stability and shareholder value. The dividend yield of approximately 3.6% surpasses the S&P 500 Index, offering investors an attractive return.
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Sonoco Products Company (SON) and ENGIE North America announce a Virtual Power Purchase Agreement for the Big Sampson Wind Project in Texas. Sonoco plans to contract for 140 megawatts of electricity per year, representing a significant portion of its U.S. electricity consumption, aiming to reduce emissions by 25% by 2030.
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Sonoco (SON) raises prices for uncoated recycled paperboard in Europe to counter higher input costs due to inflation and economic challenges.
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Sonoco Products Company hosts its 2024 Investor Day in New York City to provide updates on its growth strategy and financial targets.
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Sonoco Products Company (SON) reports strong financial results for Q4 and full year 2023, achieving record cash flow and operating profit. The company made strategic acquisitions, increased dividends, and focused on ESG commitments. Despite challenges, Sonoco remains optimistic about future growth and productivity.
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Sonoco (SON) declares a $0.51 per share quarterly common stock dividend, marking the 395th consecutive quarter of dividend payments since 1925. The dividend yield exceeds 3.5%, surpassing the S&P 500 Index.
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Sonoco Products Company (NYSE: SON) announced the permanent closure of its uncoated paperboard mill operations in Sumner, Washington, impacting 55 employees. The decision is part of Sonoco's strategy to optimize its mill network and lower operating costs. The closure is expected to impact 55 employees, and Sonoco will offer severance benefits to the impacted employees.
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Sonoco Products Company announced the sale of its Protective Solutions business to Black Diamond Capital Management, LLC for an estimated $80 million in cash. The transaction is expected to be completed in the first half of 2024, subject to customary closing conditions. The Protective Solutions business, with approximately 900 employees and net sales of approximately $170 million in 2023, is one of North America's premier manufacturers of molded expanded polypropylene and expanded polystyrene foam components and integrated material solutions serving various industrial end markets. Sonoco's President and CEO, Howard Coker, emphasized the company's strategic focus on divesting non-core assets and refocusing on core businesses to achieve greater scale, profitability, and market leadership.
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Sonoco Prod

NYSE:SON

SON Rankings

SON Stock Data

4.33B
97.65M
0.9%
82.21%
3.39%
Packaging & Containers
Paperboard Containers & Boxes
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United States
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