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United States

WestRock Co (WRK.N)

WRK.N on New York Stock Exchange

56.33USD
21 Sep 2018
Change (% chg)

$-0.51 (-0.90%)
Prev Close
$56.84
Open
$56.97
Day's High
$56.97
Day's Low
$55.98
Volume
1,212,226
Avg. Vol
458,635
52-wk High
$71.51
52-wk Low
$52.80

Latest Key Developments (Source: Significant Developments)

Westrock Provides Update Following Hurricane Florence
Tuesday, 18 Sep 2018 08:55am EDT 

Sept 18 (Reuters) - WestRock Co ::WESTROCK PROVIDES UPDATE FOLLOWING HURRICANE FLORENCE.WESTROCK CO - EXPECT NORMAL OPERATIONS TO RESUME AFTER TRANSPORTATION NETWORK IN REGION RETURNS TO NORMAL.WESTROCK CO - HAD NO REPORTED EMPLOYEE INJURIES, DO NOT BELIEVE CO SUFFERED MATERIAL PHYSICAL DAMAGE TO FACILITIES DURING RECENT STORM.WESTROCK CO - WORKING TO RESTORE NORMAL OPERATIONS AT FACILITIES IN IMPACTED REGION.WESTROCK CO - MAY HAVE ADDITIONAL INCREASED INPUT AND OPERATIONAL COSTS AND ISSUES IN CO'S SUPPLY CHAIN.WESTROCK CO - MAY EXPERIENCE NEGATIVE IMPACT FROM DISRUPTIONS AT ITS CUSTOMERS' LOCATIONS.  Full Article

Kapstone Paper And Packaging - On August 6, Co And Kapstone Entered Into A Timing Agreement With U.S. DOJ
Tuesday, 7 Aug 2018 05:34pm EDT 

Aug 7 (Reuters) - KapStone Paper and Packaging Corp ::KAPSTONE PAPER AND PACKAGING CORP - ON AUGUST 6, CO AND KAPSTONE ENTERED INTO A TIMING AGREEMENT WITH U.S. DOJ - SEC FILING.KAPSTONE PAPER AND PACKAGING CORP - KAPSTONE AND WESTROCK CURRENTLY EXPECT TO CERTIFY SUBSTANTIAL COMPLIANCE WITH DOJ'S SECOND REQUEST IN AUGUST 2018.KAPSTONE PAPER AND PACKAGING CORP - KAPSTONE AND WESTROCK EXPECT TO COMPLETE PENDING ACQUISITION BY END OF CALENDAR YEAR 2018.  Full Article

WestRock Reports Q2 Earnings Per Share $0.86
Friday, 27 Apr 2018 06:30am EDT 

April 27 (Reuters) - WestRock Co ::WESTROCK REPORTS STRONG FISCAL 2018 SECOND QUARTER RESULTS.Q2 EARNINGS PER SHARE $0.86.Q2 EARNINGS PER SHARE VIEW $0.84 -- THOMSON REUTERS I/B/E/S.QTRLY NET SALES $4,017.0 MILLION VERSUS $3,656.3 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.83.Q2 EARNINGS PER SHARE VIEW $0.84, REVENUE VIEW $4.13 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Westrock Prices $1.2 Billion Of Senior Notes
Thursday, 1 Mar 2018 05:10pm EST 

March 1 (Reuters) - Westrock Co ::WESTROCK PRICES $1.2 BILLION OF SENIOR NOTES.WESTROCK - PRICED $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 3.750% SENIOR NOTES DUE 2025, $600 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4% SENIOR NOTES DUE 2028.  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

Westrock Says CEO Steven Voorhees' FY 2017 Total Compensation Was $11.4 Mln Versus $10.7 Mln In 2016
Tuesday, 19 Dec 2017 05:37pm EST 

Dec 19 (Reuters) - Westrock Co ::WESTROCK CO SAYS CEO STEVEN VOORHEES' FY 2017 TOTAL COMPENSATION WAS $11.4 MILLION VERSUS $10.7 MILLION IN 2016 - SEC FILING.  Full Article

Westrock Announces Agreements To Acquire Plymouth Packaging
Tuesday, 12 Dec 2017 06:59am EST 

Dec 12 (Reuters) - Westrock Co ::WESTROCK ANNOUNCES AGREEMENTS TO ACQUIRE PLYMOUTH PACKAGING.WESTROCK ANNOUNCES AGREEMENTS TO ACQUIRE PLYMOUTH PACKAGING.WESTROCK CO - ‍AGREEMENTS TO ACQUIRE SUBSTANTIALLY ALL OF ASSETS OF PLYMOUTH PACKAGING INC​.  Full Article

WestRock Sees Fiscal 2018 Revenue Of At Least $16.3 Billion
Friday, 8 Dec 2017 12:14pm EST 

Dec 8 (Reuters) - WestRock Co ::REITERATED FISCAL 2018 GUIDANCE FOR REVENUE OF AT LEAST $16.3 BILLION, ADJUSTED SEGMENT EBITDA OF MORE THAN $2.8 BILLION.FY2018 REVENUE VIEW $16.38 BILLION -- THOMSON REUTERS I/B/E/S."HAS OPPORTUNITY TO EXPAND ITS MARGINS AND DEPLOY ITS CAPITAL" TO GROW ADJUSTED EBITDA TO MORE THAN $4 BILLION IN FISCAL YEAR 2022​.REITERATED ITS FISCAL 2018 GUIDANCE FOR ADJUSTED OPERATING CASH FLOW OF AT LEAST $2.3 BILLION​.  Full Article

WESTROCK TO UPGRADE FLORENCE, SC MILL
Thursday, 16 Nov 2017 10:06am EST 

Nov 16 (Reuters) - Westrock Co ::WESTROCK TO UPGRADE FLORENCE, SC MILL.‍$410 MILLION INVESTMENT OVER TWO YEARS WILL REPLACE THREE OLDER PAPER MACHINES​.  Full Article

WestRock reports Q4 earnings per share $0.87
Thursday, 2 Nov 2017 06:30am EDT 

Nov 2 (Reuters) - WestRock Co :Q4 earnings per share $0.87.Q4 revenue $235 million.Q4 revenue view $4.05 billion -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-WestRock Says Entered Into A Credit Agreement

* WESTROCK CO SAYS ENTERED INTO A CREDIT AGREEMENT - SEC FILING