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WestRock Company - WRK STOCK NEWS

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

WestRock Company (NYSE: WRK) specializes in consumer and corrugated packaging solutions, offering a competitive edge to its global clientele. With a diverse portfolio that includes beverage packs, pizza boxes, trigger sprayers, fragrance pumps, and paperboard, WestRock collaborates closely with customers to meet their unique packaging needs. Our commitment to continuous improvement ensures we remain an integral part of our customers' teams, striving for mutual success.

Formed through the merger of RockTenn and MeadWestvaco in 2015, WestRock has grown to become the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, essential for shipping containers. Our 42,000 employees across approximately 275 facilities in North America, South America, Europe, and Asia are dedicated to delivering innovative and reliable packaging solutions.

WestRock's recent achievements include strategic partnerships and cutting-edge projects designed to enhance our product offerings and meet evolving market demands. Financially, the company has demonstrated resilience and growth, driven by practical innovations and rigorous execution. Our commitment to sustainability and quality ensures we remain a leader in the packaging industry, achieving success with our customers, employees, and investors.

News

WestRock to Release First Quarter 2024 Results on February 1, 2024

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WestRock Company (NYSE: WRK) is set to release its fiscal 2024 first quarter results on February 1, 2024, but will not host a conference call due to the proposed business combination with Smurfit Kappa Group plc. Investors can access the press release, slide presentation, and financial/statistical information on WestRock's website.
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WestRock and ENGIE Sign Agreement to Add Renewable Energy to U.S. Grid

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WestRock (NYSE:WRK) has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America to support the reduction of greenhouse gas emissions. The VPPAs will add renewable energy to the U.S. energy grid and contribute to WestRock's commitment to reduce greenhouse gas emissions by 27.5% by 2030. The agreements support two solar projects in Texas, Bernard Creek, and Chillingham Solar, for an aggregate of 282 MW. Schneider Electric provided advisory services for the agreements.
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WestRock Reports Strong Fourth Quarter Fiscal 2023 Results

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WestRock Company (NYSE:WRK) announced its fiscal fourth quarter and year-end results, reporting net sales of $5.0 billion and a net loss of $1.6 billion respectively. The company also announced a 10% dividend increase and a proposed business combination with Smurfit Kappa Group plc. Despite the decline in net sales and income, WestRock is committed to unlocking cost savings and driving profitable growth in fiscal 2024.
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WestRock Increases Dividend 10% to New Annualized Rate of $1.21 Per Share

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WestRock Company (NYSE: WRK) has announced an increase in its quarterly dividend by $0.0275 per share, representing a 10% annualized increase. The new dividend of $0.3025 per share will be paid to stockholders on November 21, 2023.
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Solo Brands Announces CFO Transition and Third Quarter 2023 Earnings Results Conference Call

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Solo Brands, Inc. announces CFO transition and reaffirms guidance for fiscal year 2023
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WestRock to Release Fourth Quarter and Full Year 2023 Earnings on November 9, 2023

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WestRock to release Q4 and full year fiscal 2023 results
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WestRock Announces Results of Consent Solicitation

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WestRock announces successful consent solicitation for amendment of senior notes indentures.
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WestRock Announces Consent Solicitation

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WestRock Company announced a consent solicitation to amend certain terms of its senior notes. The purpose is to obtain consents from holders to amend the definition of 'Change of Control' to add an exception for the proposed business combination with Smurfit Kappa group. Holders who deliver their consents may be eligible to receive a payment of $1.50 per $1,000 principal amount of the relevant series of notes.
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Smurfit Kappa and WestRock in discussions regarding key terms of Potential Combination

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Smurfit Kappa and WestRock are discussing a potential combination to create Smurfit WestRock, a global leader in sustainable packaging. The combination would involve the creation of a new holding company incorporated in Ireland. The financial rationale includes expected annual pre-tax cost synergies of over $400 million and strong cash flows for future growth. The potential combination is subject to shareholder approval and regulatory clearances.
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WestRock Announces Participation in Upcoming Investor Conference

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WestRock Company (NYSE: WRK) to participate in Jefferies Industrials Conference on September 7, 2023.
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FAQ

What is the current stock price of WestRock Company (WRK)?

The current stock price of WestRock Company (WRK) is $51.51 as of July 11, 2024.

What is the market cap of WestRock Company (WRK)?

The market cap of WestRock Company (WRK) is approximately 13.3B.

What does WestRock Company specialize in?

WestRock specializes in consumer and corrugated packaging solutions, providing a competitive edge to its global customers.

When was WestRock Company formed?

WestRock was formed in 2015 through the merger of RockTenn and MeadWestvaco.

Where does WestRock operate?

WestRock operates in approximately 275 facilities across North America, South America, Europe, and Asia.

What are some products offered by WestRock?

WestRock offers a wide range of products including beverage packs, pizza boxes, trigger sprayers, fragrance pumps, and paperboard.

How many employees does WestRock have?

WestRock employs around 42,000 people globally.

What is WestRock's approach to innovation?

WestRock combines practical innovations and rigorous execution to deliver high-quality packaging solutions.

What are WestRock's key markets?

WestRock serves various markets with a focus on consumer and corrugated packaging needs.

What is WestRock's position in the industry?

WestRock is the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard.

How does WestRock ensure sustainability?

WestRock is committed to sustainability through innovative product designs and responsible operational practices.

Who are WestRock's stakeholders?

WestRock's stakeholders include customers, employees, and investors, all of whom contribute to the company's success.
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WestRock Company

NYSE:WRK

WRK Rankings

#733 Ranked by Market Cap
#1276 Ranked by Dividends

WRK Stock Data

13.30B
256.72M
0.51%
82.28%
5.6%
Packaging & Containers
Paperboard Containers & Boxes
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United States of America
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