reports
Sonoco Named to USA TODAY America’s Climate Leaders 2025 List
Sonoco Named to USA TODAY America’s Climate Leaders 2025 List HARTSVILLE, S.C., April 22, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, has been named to USA TODAY’s list of America’s Climate Leaders 2025. This prestigious award is presented by USA TODAY and Statista, the world-leading statistics portal and industry ranking provider. The list was announced on April 22, 2025, and can be viewed on usatoday.com. “A continued focus for Sonoco is our commitment to promote accountability and transparency in our sustainabili...
Sonoco Increases Quarterly Common Stock Dividend
Sonoco Increases Quarterly Common Stock Dividend Celebrates 100 Consecutive Years of Dividend Distributions HARTSVILLE, S.C., April 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend to $0.53 per shares as it celebrated the 100th consecutive year of paying dividends to its shareholders at the Company’s annual meeting. The new quarterly dividend will be paid on June 10, 2025, to shareholders of record on May 9, 2025. With the increase, Sonoco’s annual dividend payout moves to $2.12 per share up from $2.08 per s...
Sonoco Completes Sale of Thermoformed and Flexibles Packaging Business...
Sonoco Completes Sale of Thermoformed and Flexibles Packaging Business to TOPPAN Holdings, Inc. Proceeds Being Used to Reduce Approximately $1.5 Billion in Debt HARTSVILLE, S.C., April 01, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a core mid-cap growth and value equity which is a global leader in high-value sustainable packaging, today announced it has completed the sale of its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for a purchase price of approximately $1.8 billion on a cash-free and debt-...
Sonoco Named One of America’s Most Trustworthy Companies
Sonoco Named One of America’s Most Trustworthy Companies HARTSVILLE, S.C., March 27, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, has been named one of America’s Most Trustworthy Companies, ranking 11th in the Transport, Logistics and Packaging sector. “Since 1899, Sonoco’s driving purpose has been, ‘People Build Businesses by Doing the Right Thing’,” said Howard Coker, president and CEO. “That is not just a slogan for us. It is something we talk about daily as we work to make lives better through innovative packaging....
Sonoco To Implement Price Increase for Core Board and Paperboard in Eu...
Sonoco To Implement Price Increase for Core Board and Paperboard in Europe HARTSVILLE, S.C., March 27, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable paper and metal packaging, today announced it is implementing a €60 per metric ton price increase for all grades of core board and paperboard in Europe effective with all deliveries from April 7, 2025. According to Adam Wood, Vice President, Industrial Paper Products Europe, the pricing decision is driven by a general shortage of Old Corrugated Containers...
Sonoco Products Co: 1 director
A director at Sonoco Products Co bought 20,000 shares at 46.100USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cl...
Sonoco Issues 2024 Annual Report
Sonoco Issues 2024 Annual Report Annual Shareholders Meeting to be held April 16 First Quarter 2025 Financial Results to be Released on April 29 HARTSVILLE, S.C., March 17, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, issued its 2024 Annual Report to Shareholders and announced the date for its 2025 Annual General Meeting. The annual report details the Company’s 2024 financial results, its strategy and the transformation of the business following the acquisition of Eviosys, Europe’s leading food cans, ends and closur...
Sonoco Implementing Price Increases for Uncoated Recycled Paperboard, ...
Sonoco Implementing Price Increases for Uncoated Recycled Paperboard, Converted Paperboard Products HARTSVILLE, S.C., March 10, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable paper and metal packaging, today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 10, 2025. According to John Florence, General Counsel, Secretary and Vice President and General Manager, Industrial ...
Andrea White Named Chief Human Resources Officer of Sonoco
Andrea White Named Chief Human Resources Officer of Sonoco HARTSVILLE, S.C., March 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, announced that Andrea White, has been named Chief Human Resources Officer and has been elected a corporate officer by the Company’s Board of Directors. She is a member of the Company’s Executive Committee and reports to Howard Coker, President and CEO. White, 50, is an 18-year Sonoco veteran beginning her career as a Reliability Engineer after working in Manufacturing and Process Improveme...
CORRECTION – Sonoco Reports Fourth Quarter and Full Year 2024 Results
CORRECTION – Sonoco Reports Fourth Quarter and Full Year 2024 Results HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Sonoco Products Company (NYSE: SON), please note that the cash flow from operating activities under Full-Year 2025 Guidance should be $800 million to $900 million, not $750 million to $850 million as previously stated. The corrected release follows: Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for its fo...
Sonoco Reports Fourth Quarter and Full Year 2024 Results
Sonoco Reports Fourth Quarter and Full Year 2024 Results HARTSVILLE, S.C., Feb. 18, 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 its fourth quarter and fiscal year ended December 31, 2024. References in today’s news release to consolidated “net sales,” “operating profit,” and “adjusted operating profit,” and Consumer Packaging segment “segment operating profit” and “segment adjusted EBITDA” along with the corresponding year-over-year comparable results,...
UPDATE – Sonoco Declares Regular Quarterly Common Stock Dividend
UPDATE – Sonoco Declares Regular Quarterly Common Stock Dividend HARTSVILLE, S.C., Feb. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 399th consecutive quarter and 99th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized divid...
Sonoco Declares Regular Quarterly Common Stock Dividend
Sonoco Declares Regular Quarterly Common Stock Dividend HARTSVILLE, S.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) has declared a $0.52 per share quarterly common stock dividend. This dividend will be paid on March 10, 2025, to shareholders of record as of February 26, 2025. According to Howard Coker, President and Chief Executive Officer, this is the 399th consecutive quarter and 99th year dating back to 1925, that the Company has paid dividends to shareholders, and is the 41st consecutive year the Company has increased its annualized dividend. Ba...
Clark Joins Sonoco Board of Directors
Clark Joins Sonoco Board of Directors HARTSVILLE, S.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that Scott A. Clark has been elected to its Board of Directors. Clark is an independent member of the Sonoco board and will stand for election at the Company’s next scheduled Annual General Meeting. Clark, 59, is a 28-year executive of Michelin where he most recently served as Executive Vice President and Member of Michelin’s Group Executive Committee with responsib...
Sonoco To Report Fourth Quarter and Full Year 2024 Results
Sonoco To Report Fourth Quarter and Full Year 2024 Results HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”)(NYSE: SON), a global leader in high-value sustainable packaging, will announce fourth quarter 2024 results on Tuesday, February 18, 2025 after the market closes. The Company will host a conference call to discuss these results on Wednesday, February 19, 2025, at 8:30 a.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Sonoco Investor Relations website at . A webcast r...
Sonoco’s EnviroCan® with a Metal Bottom Receives Pre-qualification for...
Sonoco’s EnviroCan® with a Metal Bottom Receives Pre-qualification for How2Recycle® Labeling HARTSVILLE, S.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco”) (NYSE: SON), a global leader in high-value sustainable packaging, has received pre-qualification to carry the How2Recycle® ‘Check Locally’ label for its EnviroCan® Metal Bottom rigid paper container. The EnviroCan paper container body is made of 100% recycled fiber, 90% of which comes from post-consumer resources, a design that balances responsible materials sourcing with product and food safety. The metal botto...
Sonoco Announces Senior Leadership Changes for 2025
Sonoco Announces Senior Leadership Changes for 2025 HARTSVILLE, S.C., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced senior leadership changes which became effective on January 3, 2025. Jerry Cheatham, a 36-year finance leader within Sonoco, has been named interim Chief Financial Officer, replacing Chief Financial Officer Rob Dillard, who has departed the Company. Mr. Cheatham has been Vice President of Global Finance for the Company’s Industrial Paper Packaging se...
Sonoco Completes Strategic Review, Announces Agreement to Sell Thermof...
Sonoco Completes Strategic Review, Announces Agreement to Sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc. HARTSVILLE, S.C., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), 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”). The Trans...
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