Stora Enso decides to discontinue the divestment process of its Beihai production site in China (Inside information)
STORA ENSO OYJ ADR R SH (SEOAY)
NASDAQ:AMEX Investor Relations:
storaenso.com/investors
Company Research
Source: PR Newswire
STORA ENSO OYJ INSIDE INFORMATION 23 October 2024 at 13:00 EESTHELSINKI, Oct. 23, 2024 /PRNewswire/ -- Stora Enso has decided to discontinue the divestment process for its Beihai packaging board production site and forestry business, announced in December 2022. Stora Enso is of the view that the value in own use of the assets exceeds the achievable transaction value, and has therefore chosen to retain these operations within the Group. Stora Enso's strategic ambition is to build on its global leading position in the fiber-based packaging market. The business of the Beihai site will be developed through a continued focus on operational excellence, cost optimisation, and product development. By adjusting the product mix to increase the share of liquid packaging board and other premium grades, the Beihai site will strengthen Stora Enso's leading position as a global supplier. No significant capital expenditure is expected in the mid-term. The Group's other liquid packaging board producti
Show less
Read more
Impact Snapshot
Event Time:
SEOAY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEOAY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEOAY alerts
High impacting STORA ENSO OYJ ADR R SH news events
Weekly update
A roundup of the hottest topics
SEOAY
News
- Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)PR Newswire
- Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (24 December 2024)PR Newswire
- Wood Pellets Market Projected to Reach USD 20.5 Billion by 2032 | Rising Demand for Renewable Energy Drives Market Growth [Yahoo! Finance]Yahoo! Finance
- Stora Enso Reports Impairments Of 724 Mn Euros [Barron's]Barrons
- Stora Enso's fourth quarter 2024 impairment test results [Yahoo! Finance]Yahoo! Finance