Sylvamo's (NYSE:SLVM) board of directors entered into a cooperation agreement with Atlas Holdings, its largest shareowner, adding two new independent directors to its board. Effective March 1, Sylvamo will add Karl Meyers and Mark Wilde, expanding the company's board to 11 directors. "We look forward to welcoming Karl and Mark to our board," said Jean-Michel Ribiéras, chairman and chief executive officer. "They will bring valuable expertise to Sylvamo." The cooperation agreement includes customary restrictions and voting commitments. Sylvamo will nominate Meyers and Wilde for election with its other directors during its 2023 annual shareowners meeting. The board also determined it would

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

4 - Sylvamo Corp (0001856485) (Issuer)

Sylvamo (NYSE:SLVM), the world's paper company, will release fourth quarter earnings Wednesday, Feb. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2859530. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Jan. 1, 2025, to March 31, 2025. The dividend is payable Jan. 24, 2025, to holders of record at the close of business Jan. 6, 2025. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, now has access to $60 million initially put in escrow for disputed goodwill tax deductions in Brazil which it intends to use to pay down debt. The company's lenders agreed to eliminate the escrow after a Brazilian court ruled in its favor. The ruling—covering two-thirds of the amount disputed in several proceedings—is subject to appeal. Due to the potential liability of the goodwill tax deductions, lenders limited Sylvamo to $90 million in annual cash returns when it became an independent company in 2021. In September 2023, the company made a $60 million escrow deposit to remove the limit in its credit agreement, allowing it to return more

John Sims, senior vice president and chief financial officer of Sylvamo (NYSE:SLVM), the world's paper company, will participate in a fireside chat and host individual meetings Dec. 3-4, during Citi's 2024 Basic Materials Conference in New York, New York. The fireside chat will begin at 2 p.m. EST Tuesday, Dec. 3 and will be streamed online. To register and watch the webcast, click here. The presentation will be available at investors.sylvamo.com before the conference begins. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted operating earnings1 of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted EBITDA2 of $193 million (20% margin) vs. $164 million (18% margin) Cash provided by operating activities of $163 million vs. $115 million Free cash flow3 of $119 million vs. $62 million Commercial and Operational Highlights – Third Quarter vs. Second Quarter Price and mix decreased by $4 million due to mix in Nor

MEMPHIS, Tenn., Oct. 31, 2024 /PRNewswire/ -- International Paper (NYSE: IP) today announced the decision to review strategic options for its global cellulose fibers (GCF) business. The decision to explore alternatives for the GCF business is consistent with the Company's strategy to focus on sustainable packaging solutions. IP's GCF business creates safe, high-quality absorbent pulp for a wide range of applications like feminine care, incontinence and other personal care products that promote health and wellness. In addition, its specialty pulp serves as a sustainable raw mat

Sylvamo (NYSE:SLVM), the world's paper company, and International Paper (NYSE:IP) are mutually terminating a supply agreement for uncoated freesheet, bristols and specialty papers at the Georgetown, South Carolina, mill. The agreement will terminate Dec. 31, 2024. Sylvamo is successfully transitioning many paper grades from Georgetown to its Ticonderoga, New York, and Eastover, South Carolina, mills to continue supplying customers. International Paper has announced plans to discontinue operations at the Georgetown mill. "We have been preparing for this possibility since our 2021 spinoff from International Paper. We will support our customers through this transition and will retain the mos

Sylvamo (NYSE:SLVM), the world's paper company, will release third quarter earnings Tuesday, Nov. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2975749. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2975749

Jean-Michel Ribiéras, chairman and chief executive officer of Sylvamo (NYSE:SLVM), the world's paper company, will host individual meetings Wednesday, Sept. 25, during the RBC Capital Markets 2024 Global Industrials Conference in Las Vegas, Nevada. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visi

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2024, to Dec. 31, 2024. The dividend is payable Oct. 17, 2024, to holders of record at the close of business Oct. 3, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.

Sylvamo (NYSE:SLVM), the world's paper company, will release fourth quarter earnings Wednesday, Feb. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2859530. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Jan. 1, 2025, to March 31, 2025. The dividend is payable Jan. 24, 2025, to holders of record at the close of business Jan. 6, 2025. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylva

Sylvamo (NYSE:SLVM), the world's paper company, now has access to $60 million initially put in escrow for disputed goodwill tax deductions in Brazil which it intends to use to pay down debt. The company's lenders agreed to eliminate the escrow after a Brazilian court ruled in its favor. The ruling—covering two-thirds of the amount disputed in several proceedings—is subject to appeal. Due to the potential liability of the goodwill tax deductions, lenders limited Sylvamo to $90 million in annual cash returns when it became an independent company in 2021. In September 2023, the company made a $60 million escrow deposit to remove the limit in its credit agreement, allowing it to return more

Sylvamo (NYSE:SLVM), the world's paper company, is releasing third quarter 2024 earnings. Financial Highlights – Third Quarter vs. Second Quarter Net income of $95 million ($2.27 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted operating earnings1 of $102 million ($2.44 per diluted share) vs. $83 million ($1.98 per diluted share) Adjusted EBITDA2 of $193 million (20% margin) vs. $164 million (18% margin) Cash provided by operating activities of $163 million vs. $115 million Free cash flow3 of $119 million vs. $62 million Commercial and Operational Highlights – Third Quarter vs. Second Quarter Price and mix decreased by $4 million due to mix in Nor

Sylvamo (NYSE:SLVM), the world's paper company, will release third quarter earnings Tuesday, Nov. 12, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EST / 9 a.m. CST. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call 800-715-9871 (U.S.) or +1-646-307-1963 (international) and use access code 2975749. Participants should call in no later than 9:45 a.m. EST / 8:45 a.m. CST. Replays are available at investors.sylvamo.com for one year and by phone for one week. To listen by phone, call 800-770-2030 (U.S.) or +1-609-800-9909 (international) and use access code 2975749

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of Oct. 1, 2024, to Dec. 31, 2024. The dividend is payable Oct. 17, 2024, to holders of record at the close of business Oct. 3, 2024. About Sylvamo Sylvamo (NYSE:SLVM) is the world's paper company with mills in Europe, Latin America and North America. Our vision is to be the employer, supplier and investment of choice. We transform renewable resources into papers that people depend on for education, communication and entertainment. Headquartered in Memphis, Tennessee, we employ more than 6,500 colleagues. Net sales for 2023 were $3.7 billion. For more information, please visit Sylvamo.

Sylvamo (NYSE:SLVM), the world's paper company, is releasing second quarter 2024 earnings. Financial Highlights – Second Quarter vs. First Quarter Net income of $83 million ($1.98 per diluted share) vs. $43 million ($1.02 per diluted share) Adjusted operating earnings1 of $83 million ($1.98 per diluted share) vs. $45 million ($1.07 per diluted share) Adjusted EBITDA2 of $164 million (18% margin) vs. $118 million (13% margin) Cash provided by operating activities of $115 million vs. $27 million Free cash flow3 of $62 million vs. $(33) million Commercial and Operational Highlights – Second Quarter vs. First Quarter Price and mix improved by $26 million due to pulp and p

Sylvamo (NYSE:SLVM), the world's paper company, will release second quarter earnings Friday, Aug. 9, before the start of trading on the New York Stock Exchange. The company will host an audio webcast at 10 a.m. EDT / 9 a.m. CDT. All interested parties are invited to listen at investors.sylvamo.com. Parties who wish to participate should call +1-844-867-6169 (U.S.) or +1-409-207-6975 (international) and use access code 4990882. Participants should call in no later than 9:45 a.m. EDT / 8:45 a.m. CDT. Replays are available at investors.sylvamo.com for one year and by phone for 90 days, beginning at approximately 2 p.m. EDT / 1 p.m. CDT the day of the call. To listen to the replay by phon

Sylvamo's (NYSE:SLVM) board of directors declared a quarterly dividend of $0.45 per share for the period of July 1, 2024, to Sept. 30, 2024. The dividend is payable July 29, 2024, to holders of record at the close of business July 8, 2024. "I'm pleased our board approved increasing our quarterly dividend to 45 cents per share. This is the third increase in the last two years, highlighting our commitment to return substantial cash to shareowners," said Jean-Michel Ribiéras, chairman and chief executive officer. "We remain confident in our future and motivated by the opportunities that lie ahead." The quarterly dividend is increasing 50% from $0.30 per share to $0.45 per share. About Sy

Sylvamo (NYSE:SLVM), the world's paper company, is releasing first quarter 2024 earnings. Financial Highlights - First Quarter vs. Fourth Quarter Net income of $43 million ($1.02 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted operating earnings1 of $45 million ($1.07 per diluted share) vs. $49 million ($1.16 per diluted share) Adjusted EBITDA2 of $118 million (13% margin) vs. $117 million (12% margin) Cash provided by operating activities of $27 million vs. $167 million Free cash flow3 of $(33) million vs. $104 million Commercial and Operational Highlights – First Quarter vs. Fourth Quarter Price and mix were stable Volume decreased by $12 mi

BofA Securities downgraded Sylvamo from Neutral to Underperform and set a new price target of $96.00

Sidoti initiated coverage of Sylvamo with a rating of Buy and set a new price target of $100.00

BofA Securities downgraded Sylvamo from Buy to Neutral and set a new price target of $82.00 from $71.00 previously

RBC Capital Mkts downgraded Sylvamo from Outperform to Sector Perform and set a new price target of $44.00 from $55.00 previously

BofA Securities upgraded Sylvamo from Neutral to Buy and set a new price target of $61.00 from $52.00 previously

BofA Securities downgraded Sylvamo from Buy to Neutral and set a new price target of $58.00 from $56.00 previously

BofA Securities resumed coverage of Sylvamo with a rating of Buy and set a new price target of $56.00

RBC Capital Mkts upgraded Sylvamo from Sector Perform to Outperform and set a new price target of $43.00 from $40.00 previously

BofA Securities resumed coverage of Sylvamo with a rating of Neutral and set a new price target of $39.00 from $38.00 previously

RBC Capital reiterated coverage of Sylvamo with a rating of Sector Perform and set a new price target of $40.00 from $34.00 previously