Sonoco to Sell Temperature-Assured Packaging Business to Arsenal Capital Partners ThermoSafe Sale Completes Company’s Transformation into a Global Metal and Fiber Packaging Leader Net Proceeds to be Used to Reduce Debt HARTSVILLE, S.C., Sept. 08, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced it has signed a definitive agreement to sell its ThermoSafe business unit (“ThermoSafe”), which is one of the leading providers of temperature-assured packaging, to Arsenal Capital Par...
Gentex Announces Third Quarter 2025 Cash Dividend ZEELAND, Mich., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 22, 2025, to shareholders of record of the common stock at the close of business on October 8, 2025. About the CompanyFounded in 1974, Gentex Corporatio...
Gentex Reports Second Quarter 2025 Financial Results ZEELAND, Mich., July 25, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today reported financial results for the three and six months ended June 30, 2025. Second Quarter 2025 Highlights Gentex completed its acquisition of VOXX International Corporation (“VOXX”)Gentex and VOXX Consolidated net sales totaled $657.9 million, a 15% increase compared to the second quarter of 2024, which ...
Sonoco Reports Second Quarter 2025 Results HARTSVILLE, S.C., July 23, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for the second quarter ended June 29, 2025. Summary: Grew second quarter net sales to $1.9 billion, up 49.4% from the prior-year quarter primarily from acquisitionsReported second quarter GAAP net income attributable to Sonoco of $493 million, up from $91 million in the same period in 2024, and diluted earnings per share attributable to Sonoco o...
Sonoco Declares Regular Quarterly Common Stock Dividend HARTSVILLE, S.C., July 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.53 per share quarterly common stock dividend. This dividend will be paid on September 10, 2025, to shareholders of record as of August 8, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 401st consecutive quarter and 100th year dating back to 1925, that Sonoco has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its annualized dividend. Based o...
Gentex Corporation Announces New Share Repurchase Authorization ZEELAND, Mich., July 16, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors has recently authorized an additional share repurchase of up to 40 million shares of the Company’s common stock. This new authorization is in addition to the existing share repurchase program and represents more than 18% of the Company’s outstanding shares as...
Sonoco Announces $30 Million Capital Investment to Expand Adhesives and Sealants Market Capacity HARTSVILLE, S.C., July 15, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in value-added sustainable packaging, is pleased to announce a $30 million capital investment to expand its production capacity in the growing adhesives and sealants (A&S) market. This strategic initiative will add 100 million additional units of annual capacity, ensuring Sonoco continues to meet increasing market demands while enhancing supply security. This investment includes both the...
Update: Sonoco To Report Second Quarter 2025 Results Conference call time changed to 8am EST HARTSVILLE, S.C., July 14, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), a global leader in high-value sustainable packaging, will announce second quarter 2025 results on Wednesday, July 23, 2025, after the market closes. The Company will host a conference call to discuss these results on Thursday, July 24, 2025, at 8:00 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Rela...
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