New Risk • Jul 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risks High level of debt (75% net debt to equity). Significant insider selling over the past 3 months (€1.7m sold). Announcement • Jul 03
Packaging Corporation of America Submits Gated Spillway Stability Analysis Report to Federal Energy Regulatory Commission Packaging Corporation of America has submitted the following document to the Federal Energy Regulatory Commission: June 29, 2026 P-2180 Electronic submittal, e-file Marilyn Sabido, P.E Regional Engineer Federal Energy Regulatory Commission Office of Energy Projects – Division of Dam Safety and Inspections Phone: 312-596-4456 Re: Grandmother Falls Hydroelectric Project – FERC No. 2180 Stability Analysis Report Attached is a copy of the Gated Spillway Stability Analysis Report for Grandmother Dam, P-2180. Announcement • Jun 23
Packaging Corporation of America to Report Q2, 2026 Results on Jul 22, 2026 Packaging Corporation of America announced that they will report Q2, 2026 results After-Market on Jul 22, 2026 Recent Insider Transactions • May 29
Chairman of the Board & CEO recently sold €1.7m worth of stock On the 27th of May, Mark Kowlzan sold around 9k shares on-market at roughly €187 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Mark has been a net seller over the last 12 months, reducing personal holdings by €6.3m. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Karen Gowland was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 14
Packaging Corporation of America Intends to Increase the First Quarterly Cash Dividend, Payable on July 15, 2026 Packaging Corporation of America announced that it intends to increase the quarterly cash dividend on its common stock to an annual payout of $6.00 per share from $5.00 per share, a 20% increase. The first quarterly dividend of $1.50 per share will be paid to shareholders of record as of June 15, 2026 with a payment date of July 15, 2026. Announcement • Apr 24
Packaging Corporation of America Provides Earnings Guidance for the Second Quarter of 2026 Packaging Corporation of America provided earnings guidance for the second quarter of 2026. For the quarter, The company expects second quarter earnings of $2.33 per share, excluding special items. Announcement • Mar 30
Packaging Corporation of America, Annual General Meeting, May 12, 2026 Packaging Corporation of America, Annual General Meeting, May 12, 2026. Location: 1 n. field court, lake forest, ilinois, United States Announcement • Mar 17
Packaging Corporation of America to Report Q1, 2026 Results on Apr 22, 2026 Packaging Corporation of America announced that they will report Q1, 2026 results After-Market on Apr 22, 2026 Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: US$8.61 (vs US$8.97 in FY 2024) Full year 2025 results: EPS: US$8.61 (down from US$8.97 in FY 2024). Revenue: US$8.99b (up 7.2% from FY 2024). Net income: US$768.9m (down 3.8% from FY 2024). Profit margin: 8.6% (in line with FY 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Packaging industry in Europe. Board Change • Mar 03
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Karen Gowland was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Mar 01
Employment Law Attorneys, At Blumenthal Nordrehaug Bhowmik De Blouw Llp, File Lawsuit Against Packaging Corporation of America, Alleging Inaccurate Payment of Wages to Employees The Sacramento employment law attorneys, at Blumenthal Nordrehaug Bhowmik De Blouw LLP, filed a class action complaint alleging that Packaging Corporation of America., violated the California Labor Code. The Packaging Corporation of America class action lawsuit, Case No. 26CV003725, is currently pending in the Sacramento County Superior Court of the State of California. According to the lawsuit filed against Packaging Corporation of America, the company allegedly failed to provide Plaintiff with all legally required meal and rest periods. From time to time, Plaintiff was allegedly asked to work in excess of four (4) hours without being provided ten (10) minutes rest periods. Further these employees were denied their first rest periods of at least ten (10) minutes for some shifts of at least two (2) to four (4) hours from time to time, a first and second rest period of at least ten (10) minutes for some shifts worked of between six (6) and eight (8) hours from time to time, and a first, second and third rest period of at least ten (10) minutes for some shifts worked of ten (10) hours or more from time to time. Announcement • Feb 26
Packaging Corporation of America Declares Quarterly Dividend, Payable on April 15, 2026 Packaging Corporation of America announced that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of March 13, 2026 with a payment date of April 15, 2026. Announcement • Jan 28
Packaging Corporation of America Provides Earnings Guidance for the First Quarter of 2026 Packaging Corporation of America provided earnings guidance for the first quarter of 2026. The company expects first quarter earnings of $2.20 per share. Announcement • Dec 30
Packaging Corporation of America to Report Q4, 2025 Results on Jan 27, 2026 Packaging Corporation of America announced that they will report Q4, 2025 results After-Market on Jan 27, 2026 Board Change • Nov 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Karen Gowland was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 24
Packaging Corporation of America Provides Earnings Guidance for the Fourth Quarter of 2025 Packaging Corporation of America provided earnings guidance for the fourth quarter of 2025. The company expects fourth quarter earnings of $2.40 per share, excluding special items. Board Change • Sep 18
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Karen Gowland was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Sep 16
Packaging Corporation of America to Report Q3, 2025 Results on Oct 22, 2025 Packaging Corporation of America announced that they will report Q3, 2025 results After-Market on Oct 22, 2025 Announcement • Aug 21
Packaging Corporation of America Declares Quarterly Dividend, Payable on October 15, 2025 Packaging Corporation of America announced that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of September 15, 2025 with a payment date of October 15, 2025. Announcement • Jul 02
Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion. Packaging Corporation of America (NYSE:PKG) agreed to acquire Greif Containerboard Solutions, LLC and Box-Board Products, Inc. for $1.8 billion on June 30, 2025. A cash consideration of $1.8 billion will be paid by Packaging Corporation America. As part of acquisition of The Greif containerboard business includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States. The transaction will be financed through equity investment of $20 million and senior debt of $1.5 billion.
For the period ending April 30, 2025, Containerboard business of Greif, Inc reported total revenue of $1.2 billion and EBITDA of $212 million.
The transaction is subject to approval by regulatory board / committee and subject to antitrust regulations. The expected to close in the third quarter of 2025.
BofA Securities, Inc. acted as financial advisor for Greif, Inc. The Goldman Sachs Group, Inc. acted as financial advisor for Packaging Corporation of America. Stephen Besen,Daniel Litowitz and Lara Aryani of Allen & Overy LLP acted as legal advisor to Greif, Inc and Paul M. Crimmins and Michael Serafini of Mayer Brown LLP acted as legal advisor to Packaging Corporation of America. Announcement • Jun 18
Packaging Corporation of America to Report Q2, 2025 Results on Jul 23, 2025 Packaging Corporation of America announced that they will report Q2, 2025 results After-Market on Jul 23, 2025 Board Change • Jun 11
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Director Karen Gowland was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 08
Packaging Corporation of America Declares Quarterly Dividend, Payable on July 15, 2025 Packaging Corporation of America announced that its Board approved a regular quarterly dividend of $1.25 per share on its common stock. The quarterly dividend of $1.25 per share will be paid to shareholders of record as of June 13, 2025 with a payment date of July 15, 2025. 
