MEMPHIS, TN – International Paper Company (NYSE:IP), a leading global producer of renewable fiber-based packaging, pulp, and paper products, with a market capitalization of $29.33 billion and an impressive 73.44% stock return over the past year according to InvestingPro, announced today the publication of a supplementary prospectus in relation to its recent acquisition of DS Smith Plc.
This document, referred to as the Third Supplementary Prospectus, was prepared in accordance with the Prospectus Regulation Rules of the U.K. Financial Conduct Authority (FCA).
The Third Supplementary Prospectus is intended to complement the original prospectus published on September 11, 2024, and the subsequent supplementary prospectuses dated November 4, 2024, and December 5, 2024. These documents collectively form the U.K. Prospectus, which details the admission of International Paper's common stock to the Official List of the FCA and to trading on the London Stock Exchange (LON:LSEG)'s main market.
This series of prospectuses has been issued in connection with the company's acquisition of DS Smith Plc, a transaction that was completed on January 31, 2025. The acquisition was an all-stock deal that aimed to expand International Paper's footprint in the packaging industry and was previously disclosed in the company's Form 8-K filed with the SEC on the closing date.
With a solid financial health score from InvestingPro and a remarkable track record of maintaining dividend payments for 55 consecutive years, the company demonstrates strong fundamentals.
The release of the Third Supplementary Prospectus follows the successful closure of the acquisition and provides additional information to investors regarding the company's common stock trading in the U.K. market. International Paper's common stock is listed under the ticker symbol IP.
Currently trading at $55.63, the stock shows relatively low price volatility and maintains a healthy 3.33% dividend yield. For deeper insights into International Paper's valuation and growth prospects, investors can access comprehensive analysis through InvestingPro, which offers detailed financial metrics and expert research reports.
This announcement is based on a press release statement and serves to keep shareholders and the market informed of the latest corporate developments at International Paper Company.
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