Packaging Corp. of America (PKG)

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Packaging Corporation of America News Release

A Collection of Packaging Corporation of America News Release

Packaging Corporation of America Declares Quarterly Dividend
Thursday May 10th 2012 05:11:24 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--May. 10, 2012-- Packaging Corporation of America (NYSE: PKG) announced today that its Board has approved a regular quarterly dividend of $0.25 per share on its common stock. The quarterly dividend of $0.25 per share will be paid to shareholders of record as of June 15, 2012 with a payment date of July 13, 2012. Future declaration of quarterly dividends, and the establishment of future record and payment dates, are subject to the final determination by PCA’s Board of Directors. PCA is the fourth largest producer of containerboard and corrugated packaging products in the United States...

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Packaging Corporation of America Reports First Quarter 2012 Results
Tuesday April 17th 2012 05:02:18 PM

LAKE FOREST, Ill., Apr 17, 2012 (BUSINESS WIRE) --Packaging Corporation of America (NYSE: PKG) today reported first quarter net income of $18 million, or $0.18 per share, which included a non-cash, after-tax charge of $23 million, or $0.24 per share, from an amendment to its 2009 federal income tax return related to biofuel tax credits. Excluding this charge, adjusted net income was a first quarter record $41 million, or $0.42 per share, compared to first quarter 2011 adjusted net income of $39 million, or $0.39 per share, which excludes a $2 million, or $0.02 per share, asset disposal charge. The increase in adjusted net income was ...

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Packaging Corporation of America Schedules Conference Call to Discuss First Quarter 2012 Operating Results
Monday April 9th 2012 12:34:03 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Apr. 9, 2012-- Packaging Corporation of America (NYSE: PKG), will hold a conference call on Wednesday, April 18, 2012 at 10:00 a.m. (Eastern Time) to discuss first quarter 2012 results. First quarter 2012 earnings will be released after the market closes on April 17, 2012. For access to the conference call on April 18th, please dial (866) 244-4637 (U.S. and Canada) or (703) 639-1179 (International) by 9:45 a.m. (Eastern Time). The conference call leader will be Mark Kowlzan. A replay of the call will also be available from 1:00 p.m. (Eastern Time) on April 18, 2012 until 11:...

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Packaging Corporation of America CEO to Speak at Vertical Research Partners’ Global Paper & Packaging Conference
Friday February 24th 2012 12:02:11 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Feb. 24, 2012-- Packaging Corporation of America’s (NYSE: PKG) Chief Executive Officer Mark W. Kowlzan will speak at Vertical Research Partners’ Global Paper & Packaging Conference in New York City on Wednesday, March 7th at 10:45 am Eastern time. Also in attendance from PCA will be Paul T. Stecko, Executive Chairman and Richard B. West, Chief Financial Officer. Interested parties may access the live presentation and Q & A by registering on Vertical Research Partners website prior to the presentation time. You may also access the presentation and Q & A by visitin...

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Packaging Corporation of America Announces Dividend Increase
Tuesday February 21st 2012 05:00:35 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Feb. 21, 2012-- Packaging Corporation of America (NYSE: PKG) announced today that it intends to increase the quarterly cash dividend on its company stock from an annual payout of $0.80 per share to $1.00 per share. The first quarterly dividend of $0.25 per share will be paid on April 13, 2012 to shareholders of record as of March 15, 2012. Future declaration of quarterly dividends, and the establishment of future record and payment dates are subject to the final determination of PCA’s Board of Directors. Commenting on today’s announcement, Mark W. Kowlzan, Chief Executive Officer of...

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Packaging Corporation of America Reports Fourth Quarter and Full Year 2011 Results
Monday January 23rd 2012 05:00:18 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Jan. 23, 2012-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2011 net income of $39 million, or $0.40 per share. Reported results for the fourth quarter of 2010 were $53 million, or $0.52 per share, excluding income from biofuel tax credits and asset disposal charges. Lower earnings per share, compared to last year’s fourth quarter, were driven by cost inflation ($0.10), lower containerboard export prices ($0.03), increased depreciation ($0.02) and other items ($0.02). These items were partially offset by lower energy and chemical usage ($0.03) a...

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Packaging Corporation of America Schedules Conference Call to Discuss Fourth Quarter and Full Year 2011 Operating Results
Thursday January 5th 2012 05:35:13 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Jan. 5, 2012-- Packaging Corporation of America (NYSE: PKG), will hold a conference call on Tuesday, January 24, 2012 at 10:00 a.m. (Eastern Time) to discuss fourth quarter and full year 2011 results. Fourth quarter and full year 2011 earnings will be released after the market closes on January 23, 2012. For access to the conference call on January 24th, please dial (866) 244-4637 (U.S. and Canada) or (703) 639-1179 (International) by 9:45 a.m. (Eastern Time). The conference call leader will be Mark Kowlzan. A replay of the call will also be available from 1:00 p.m. (Eastern...

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Packaging Corporation of America Announces Additional $150 Million Share Repurchase Authorization
Wednesday December 14th 2011 05:00:00 PM

LAKE FOREST, Ill.--(BUSINESS WIRE)--Dec. 14, 2011-- Packaging Corporation of America (NYSE: PKG) announced today that its Board of Directors has authorized the repurchase of an additional $150 million of the company’s outstanding common stock to be made from time to time in accordance with applicable securities regulations. Commenting on the additional authorization, Mark W. Kowlzan, Chief Executive Officer of PCA, said, “This action reflects both our continued commitment to return value to our shareholders and the operating and financial strength of the company.” PCA is the fifth largest producer of container...

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Packaging Corporation of America Declares Quarterly Dividend
Friday December 9th 2011 05:09:41 PM

LAKE FOREST, Ill., Dec 09, 2011 (BUSINESS WIRE) --Packaging Corporation of America (NYSE: PKG) announced today that its Board on December 7, 2011 approved a regular quarterly dividend of $0.20 per share on its common stock. The quarterly dividend of $0.20 per share will be paid to shareholders of record as of December 19, 2011 with a payment date of January 13, 2012. Future declaration of quarterly dividends, and the establishment of future record and payment dates, are subject to the final determination by PCA's Board of Directors. PCA is the fifth largest producer of containerboard and corrugated packaging products in the United ...

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Packaging Corporation of America Reports Third Quarter 2011 Results
Monday October 17th 2011 05:00:57 PM

LAKE FOREST, Ill., Oct 17, 2011 (BUSINESS WIRE) --Packaging Corporation of America (NYSE: PKG) today reported third quarter 2011 net income of $42 million, or $0.42 per share, which included after-tax charges of $1 million, or $0.01 per share, from asset disposals related to major energy projects. Net income, excluding these charges, was $43 million, or $0.43 per share, compared to third quarter 2010 net income of $62 million, or $0.60 per share, which excludes income from cellulosic biofuel credits and asset disposal charges. Higher volume improved earnings by $0.04 per share compared to last year's third quarter, but higher costs...

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