Edition:
United States

KapStone Paper and Packaging Corp (KS.N)

KS.N on New York Stock Exchange

34.72USD
22 Jun 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$34.72
Open
$34.75
Day's High
$34.80
Day's Low
$34.70
Volume
448,645
Avg. Vol
282,288
52-wk High
$35.01
52-wk Low
$20.27

Latest Key Developments (Source: Significant Developments)

KapStone Reports Q4 Earnings Per Share $1.90
Wednesday, 7 Feb 2018 04:15pm EST 

Feb 7 (Reuters) - KapStone Paper And Packaging Corp ::KAPSTONE REPORTS 2017 FOURTH QUARTER AND FULL YEAR RESULTS.Q4 SALES $859 MILLION.Q4 ADJUSTED EARNINGS PER SHARE $0.51.Q4 EARNINGS PER SHARE $1.90.KAPSTONE PAPER AND PACKAGING - Q4 INCLUDES A PROVISIONAL TAX BENEFIT OF $144 MILLION ASSOCIATED WITH PASSAGE OF TAX CUTS AND JOBS ACT ON DECEMBER 22, 2017​.Q4 EARNINGS PER SHARE VIEW $0.39, REVENUE VIEW $827.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

WestRock Signs Definitive Agreement To Acquire KapStone For $35 Per Share
Monday, 29 Jan 2018 06:32am EST 

Jan 29 (Reuters) - Westrock Co ::WESTROCK SIGNS DEFINITIVE AGREEMENT TO ACQUIRE KAPSTONE FOR $35 PER SHARE.WESTROCK CO - DEAL FOR TOTAL ENTERPRISE VALUE OF APPROXIMATELY $4.9 BILLION..WESTROCK CO - WESTROCK WILL ACQUIRE ALL OF OUTSTANDING SHARES OF KAPSTONE FOR $35.00 PER SHARE AND WILL ASSUME APPROXIMATELY $1.36 BILLION IN NET DEBT.WESTROCK CO - TRANSACTION IS NOT CONDITIONAL ON FINANCING.WESTROCK CO - WESTROCK WILL FINANCE CASH CONSIDERATION THROUGH ISSUANCE OF NEW DEBT UNDER A FULLY COMMITTED FINANCING PACKAGE.WESTROCK CO - ‍UPON CLOSING, DEAL IS TO BE IMMEDIATELY ACCRETIVE TO CO'S ADJUSTED EARNINGS & CASH FLOW, INCLUSIVE OF PURCHASE ACCOUNTING ADJUSTMENTS​.WESTROCK - KAPSTONE STOCKHOLDERS TO HAVE OPTION TO GET $35/SHARE IN CASH, OR TO ELECT TO GET 0.4981 WESTROCK SHARES PER KAPSTONE SHARE.WESTROCK CO - UPON COMPLETION OF DEAL, KAPSTONE WILL BE INTEGRATED INTO WESTROCK'S CORRUGATED PACKAGING SEGMENT.WESTROCK - ELECTION OF STOCK CONSIDERATION BY KAPSTONE SHAREHOLDERS CAPPED AT 25% OF OUTSTANDING KAPSTONE SHARES.WESTROCK - NO LIMIT ON NUMBER OF KAPSTONE SHARES THAT CAN RECEIVE CASH CONSIDERATION AS PART OF DEAL.WESTROCK - KAPSTONE'S ROGER STONE, MATT KAPLAN, ENTERED INTO VOTING AGREEMENTS, PURSUANT TO WHICH THEY HAVE AGREED TO VOTE SHARES IN SUPPORT OF DEAL.WESTROCK - DEAL CREATES OPPORTUNITY FOR ABOUT $200 MILLION IN COST SYNERGIES, PERFORMANCE IMPROVEMENTS.  Full Article

Kapstone reports Q3 ‍earnings per share of $0.30​
Wednesday, 25 Oct 2017 04:15pm EDT 

Oct 25 (Reuters) - Kapstone Paper And Packaging Corp : :Kapstone reports third quarter results.Q3 sales $868 million versus I/B/E/S view $839.9 million.Kapstone Paper And Packaging Corp - qtrly ‍diluted eps of $0.30 down​.Kapstone Paper And Packaging Corp - qtrly ‍adjusted diluted eps of $0.39​.Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S.  Full Article

KapStone Q2 earnings per share $0.20
Wednesday, 26 Jul 2017 04:15pm EDT 

July 26 (Reuters) - Kapstone Paper And Packaging Corp ::Kapstone reports second quarter results.Q2 earnings per share $0.20.Q2 sales $823 million versus I/B/E/S view $829.1 million.Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $0.27.Kapstone Paper And Packaging Corp - "expect to see additional improvement in Q3 and beyond by lowering operating costs and increasing productivity".  Full Article

Kapstone says entered into amendment no. 3 to receivables purchase agreement
Monday, 5 Jun 2017 05:08pm EDT 

June 5 (Reuters) - Kapstone Paper And Packaging Corp ::Kapstone Paper And Packaging Corp - entered into amendment no. 3 to receivables purchase agreement dated as of june 2, 2017 - sec filing.Kapstone Paper And Packaging- pursuant to amendment, facility termination date' under receivables purchase agreement extended from june 6, 2017 to june 1, 2018.Kapstone Paper And Packaging-pursuant to amendment, aggregate commitment' of purchasers under receivables purchase agreement increased from $275 million to $325 million.  Full Article

Kapstone reports Q1 adjusted earnings per share $0.15
Wednesday, 26 Apr 2017 04:15pm EDT 

April 26 (Reuters) - Kapstone Paper And Packaging Corp :Kapstone reports first quarter results.Q1 adjusted earnings per share $0.15.Q1 earnings per share $0.06.Q1 sales rose 4 percent to $766 million.Q1 earnings per share view $0.22, revenue view $779.0 million -- Thomson Reuters I/B/E/S.  Full Article

Kapstone Q4 sales $777 million
Wednesday, 8 Feb 2017 04:36pm EST 

Kapstone Paper And Packaging Corp : Qtrly diluted EPS of $0.19 . Kapstone reports fourth quarter and full year results . Q4 sales $777 million versus I/B/E/S view $762.4 million .Q4 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.  Full Article

KapStone Q2 earnings per share $0.21
Wednesday, 27 Jul 2016 04:15pm EDT 

Kapstone Paper And Packaging Corp : KapStone reports second quarter results . Q2 adjusted earnings per share $0.27 . Q2 earnings per share $0.21 . Q2 sales $785 million versus I/B/E/S view $818 million .Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.  Full Article