International Paper recently announced its board of directors has authorized a share repurchase program to acquire up to $1.5 billion of the company's common stock. The company intends to repurchase such shares over the next 2-3 years in open market repurchase transactions.
Memphis, Tennessee-based International Paper published its 2012 Sustainability Report, revealing progress against its voluntary goals including certified fiber use, greenhouse gas (GHG) emission reductions and water quality improvement.
International Paper announced the following three senior leadership moves effective Nov. 1.
International Paper announced it has completed the acquisition of a 75 percent stake in Andhra Pradesh Paper Mills (APPM).
Memphis, Tennessee-based International Paper has elected Joan E. Spero to its board of directors effective June 10.
International Paper announced that it has proposed to acquire all of the outstanding shares of Temple-Inland for $30.60 per share in cash.