Sonoco Announces Review of Strategic Alternatives for the Thermoformed & Flexibles Packaging Business as Part of Further Portfolio Simplification [Financial Post (Toronto, Ontario, Canada)...
Sonoco Products Company (SON)
Last sonoco products company earnings: 4/16 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
investor.sonoco.com/investor-relations-0
Company Research
Source: Financial Post
HARTSVILLE, S.C., Sept. 04, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has initiated a review of strategic alternatives for the Company's Thermoformed & Flexible Packaging (“TFP”) business, a part of the Company's Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco's portfolio simplification strategy, improve pro forma leverage and further increase shareholder value. Sonoco's TFP is a market leading thermoformed and flexible packaging business serving a wide range of customers in food, retail and medical markets. TFP provides a variety of complex packaging to value-added categories including snacks, condiments, healthcare, prepared meals, fresh products and coffee and pet. On a pro forma standalone basis, TFP had revenue of $1.3 billion in 2023. “We continue our strategy of focusing on fewer bigger busine
Show less
Read more
Impact Snapshot
Event Time:
SON
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
SON 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
SON alerts
High impacting Sonoco Products Company news events
Weekly update
A roundup of the hottest topics
SON
News
- We Think You Can Look Beyond Sonoco Products' (NYSE:SON) Lackluster Earnings [Yahoo! Finance]Yahoo! Finance
- Sonoco Products (NYSE: SON) had its price target lowered by analysts at Robert W. Baird from $58.00 to $55.00. They now have a "neutral" rating on the stock.MarketBeat
- Broker Revenue Forecasts For Sonoco Products Company (NYSE:SON) Are Surging Higher [Yahoo! Finance]Yahoo! Finance
- Sonoco Reports Third Quarter 2024 ResultsGlobeNewswire
- Sonoco To Report Third Quarter 2024 ResultsGlobeNewswire
SON
Earnings
- 10/31/24 - Beat
SON
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- SON's page on the SEC website