Sonoco Products Company is a leading global provider of packaging solutions, specializing in the manufacture of a diverse array of products that serve various industries
The company produces industrial and consumer packaging products that include paperboard containers, flexible packaging, and protective packaging solutions. With a strong focus on sustainability, Sonoco emphasizes innovation in its offerings to meet the evolving needs of its customers while minimizing environmental impact. The company operates through several segments, catering to clients in markets such as food and beverage, healthcare, electronics, and personal care, thereby establishing itself as a trusted partner in the packaging domain.
HARTSVILLE, S.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSESON), a global leader in high-value sustainable packaging, today announced senior leadership changes which became effective on January 3, 2025.
SON shares surge on agreement to sell Thermoformed & Flexibles Packaging business for $1.8 billion. Proceeds will be used to repay debt. Deal aligns with portfolio simplification strategy.
HARTSVILLE, S.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSESON), a global leader in high-value sustainable packaging, today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments (the “Transaction”).
Sonoco Products is focusing on portfolio optimization, targets consumer businesses and acquisitions. Truist Securities analyst initiates with Buy rating.
HARTSVILLE, S.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSESON), one of the largest sustainable global packaging companies, today reported financial results for its third quarter ended September 29, 2024.
HARTSVLLE, S.C., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSESON), one of the largest global sustainable packaging companies, will announce third quarter 2024 results on Thursday, October 31, 2024 after the market closes. The Company will host a conference call to discuss these results on Friday, November 1, 2024 at 8:30 a.m. Eastern Time.
HARTSVILLE, S.C., Oct. 15, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSESON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on December 10, 2024, to shareholders of record as of November 8, 2024.
HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSESON), a global leader in high-value sustainable packaging, today announced that it has priced an offering (the “Offering”) of senior unsecured notes in a combined aggregate principal amount of $1.8 billion (collectively, the “Notes”). The Notes will be issued in three tranches:
HARTSVILLE, S.C., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSESON), a global leader in high-value sustainable packaging, today announced that it has initiated a review of strategic alternatives for the Company’s Thermoformed & Flexible Packaging (“TFP”) business, a part of the Company’s Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco’s portfolio simplification strategy, improve pro forma leverage and further increase shareholder value.
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Aug. 19-23, 2024.
