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International Paper Co ( (IP) ) has provided an update.
International Paper Company announced recent transactions involving its salaried savings plan (SSP) and deferred compensation savings plan (DCSP). These actions include liquidating common stock assets within the SSP and reinvesting cash following the divestiture of its Global Cellulose Fibers business, alongside acquiring additional shares through automatic contributions to the DCSP. These transactions align with administrative adjustments related to its strategic divestment process, reflecting implications for stakeholders and company restructuring efforts.
More about International Paper Co
International Paper Company is a global leader in sustainable packaging solutions, specializing in the production of renewable fiber-based packaging and pulp products. The company primarily serves diverse industries that require environmentally conscious materials and continues to strengthen its market focus through strategic actions.
See more data about IP stock on TipRanks’ Stock Analysis page.