WRK

WestRock to Build New Corrugated Box Plant in Wisconsin

Retrieved on: 
Tuesday, January 23, 2024

WestRock Company (NYSE:WRK) today announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to meet growing demand from customers in the Great Lakes region.

Key Points: 
  • WestRock Company (NYSE:WRK) today announced plans to build a new corrugated box plant in Pleasant Prairie, Wisconsin, to meet growing demand from customers in the Great Lakes region.
  • The Company intends to close its existing plant in North Chicago when construction of the new facility is completed.
  • This investment will position WestRock to increase its production capabilities and improve its cost profile in the Great Lakes region.
  • “Investing in a new state-of-the-art corrugated converting facility elevates our production capabilities and better supports our end market strategy and margin improvement targets,” said David B. Sewell, chief executive officer, WestRock.

WestRock Announces Quarterly Dividend of $0.3025 Per Share

Retrieved on: 
Friday, January 26, 2024

WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock.

Key Points: 
  • WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock.
  • The quarterly dividend of $0.3025 per share will be paid to stockholders of record as of the close of business on February 9, 2024, and will be paid on February 21, 2024.

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

Retrieved on: 
Thursday, January 18, 2024

WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 first quarter results before the market opens on Thursday, February 1, 2024.

Key Points: 

WestRock Company (NYSE: WRK) today announced that it will release fiscal 2024 first quarter results before the market opens on Thursday, February 1, 2024.
Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a conference call.

WestRock and ENGIE Sign Agreement to Add Renewable Energy to U.S. Grid

Retrieved on: 
Tuesday, November 14, 2023

The VPPAs are designed to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.

Key Points: 
  • The VPPAs are designed to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.
  • View the full release here: https://www.businesswire.com/news/home/20231114609659/en/
    Two virtual power purchase agreements (VPPAs) between WestRock and Engie North America will contribute to the reduction of greenhouse gas emissions on the U.S. energy grid beginning in 2024.
  • Schneider Electric provided advisory services and strategy management for the WestRock and ENGIE agreements.
  • “We are pleased to play a role in the development of clean energy from large scale solar projects and to join forces with ENGIE and Schneider Electric to add more renewable energy to the grid,” said David B. Sewell, chief executive officer at WestRock.

WestRock Increases Dividend 10% to New Annualized Rate of $1.21 Per Share

Retrieved on: 
Friday, October 27, 2023

WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock, an increase of $0.0275 per share from its previous quarterly dividend which represents an annualized increase of $0.11 per share, or 10%.

Key Points: 
  • WestRock Company (NYSE: WRK) today reported that its board of directors declared a quarterly dividend of $0.3025 per share on its common stock, an increase of $0.0275 per share from its previous quarterly dividend which represents an annualized increase of $0.11 per share, or 10%.
  • The quarterly dividend of $0.3025 per share will be paid to stockholders of record as of the close of business on November 13, 2023, and will be paid on November 21, 2023.

Solo Brands Announces CFO Transition and Third Quarter 2023 Earnings Results Conference Call

Retrieved on: 
Wednesday, October 25, 2023

The Company has also announced Andrea Tarbox will assume the role of Interim CFO beginning on December 10, 2023.

Key Points: 
  • The Company has also announced Andrea Tarbox will assume the role of Interim CFO beginning on December 10, 2023.
  • Ms. Tarbox serves on the board of directors of Solo Brands and chairs the audit committee.
  • Solo Brands’ Third Quarter 2023 Financial Results To Be Released Tuesday, November 7, 2023
    The Company plans to report its third quarter 2023 financial results on November 7, 2023, before the market opens.
  • A live webcast of the conference call will be available in the investor relations section of Solo Brands’ website, https://investors.solobrands.com .

WestRock to Release Fourth Quarter and Full Year 2023 Earnings on November 9, 2023

Retrieved on: 
Friday, October 20, 2023

WestRock Company (NYSE: WRK) today announced that it will release fourth quarter and full year fiscal 2023 results before the market opens on Thursday, November 9, 2023.

Key Points: 

WestRock Company (NYSE: WRK) today announced that it will release fourth quarter and full year fiscal 2023 results before the market opens on Thursday, November 9, 2023.
Due to the proposed business combination with Smurfit Kappa Group plc, WestRock will not host a conference call.

SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Merger of WestRock and Smurfit Kappa Group

Retrieved on: 
Tuesday, October 10, 2023

SAN DIEGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of WestRock Co. (NYSE: WRK) breached their fiduciary duties in connection with the proposed merger of the Company with Smurfit Kappa Group Plc (OTC: SMFKY).

Key Points: 
  • SAN DIEGO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of WestRock Co. (NYSE: WRK) breached their fiduciary duties in connection with the proposed merger of the Company with Smurfit Kappa Group Plc (OTC: SMFKY).
  • You can click or copy and paste the following link to join this investigation:
    On September 12, 2023, WestRock announced that it had entered a deal to merge with Smurfit Kappa.
  • Under the terms of the deal, WestRock shareholders will receive one new share of Smurfit WestRock and $5 cash.
  • If you are a shareholder of WestRock and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – SOVO, WRK, NXGN, AVTA

Retrieved on: 
Monday, September 18, 2023

Under the terms of the agreement, SOVO shareholders will receive $23.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, SOVO shareholders will receive $23.00 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, NXGN shareholders are expected to receive $23.95 in cash per share they own.
  • Under the terms of the agreement, AVTA shareholders are expected to receive $26.00 in cash per share they own.

Lifshitz Law PLLC Announces Investigations of TWNK, AVTA, WRK, and PFSW

Retrieved on: 
Saturday, September 16, 2023

Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of TWNK to The J.M.

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of TWNK to The J.M.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of AVTA to Cetera Holdings for $26.00 in cash for each share of AVTA common stock owned.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of PFSW to GXO Logistics, Inc. for $7.50 in cash for each share of PFSW common stock owned.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.