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Packaging Corporation of America Buyback

OLI recorded this information on 2/25/2016

Company: Packaging Corporation of America
Buyback: PKG buyback
$Amount Authorized: $200,000,000
Buyback Details: Packaging Corporation of America (NYSE:PKG) announced today that its Board of Directors has authorized the repurchase of an additional $200 million of the company's outstanding common stock. The company completed repurchases under its previously-announced authorization earlier this month.

Packaging Corporation of America is a producer of containerboard products and a producer of uncoated freesheet paper. Co.'s segments include: Packaging, which produces a variety of corrugated packaging products, including shipping containers, multi-color boxes and displays, and honeycomb protective packaging, as well as produces packaging for meat, fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products; Paper, which manufactures and sells papers, including both commodity and specialty papers; and Corporate and Other, which includes transportation assets, such as rail cars and trucks, to transport Co.'s products to and from its manufacturing sites.

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Company Name:  Packaging Corp of America
Stock buyback:  PKG buyback
Sector:  Packaging & Containers
Number of ETFs Holding PKG:  97
Total Market Value Held by ETFs:  $2.16B
Total Market Capitalization:  $12.80B
% of Market Cap. Held by ETFs:  16.91%

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October 26, 2021    7:11 AM Eastern
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Hold (2.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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