International Paper Completes Acquisition, Discloses Equity Sales
Ticker: INPAP · Form: 8-K · Filed: Jan 31, 2025 · CIK: 51434
| Field | Detail |
|---|---|
| Company | International Paper Co /New/ (INPAP) |
| Form Type | 8-K |
| Filed Date | Jan 31, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1, $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, equity-sale, corporate-action
Related Tickers: IP
TL;DR
IP just bought something and sold some stock. Details in the 8-K.
AI Summary
International Paper Company announced the completion of its acquisition of a business on January 31, 2025. The filing also disclosed unregistered sales of equity securities and other events. Financial statements and exhibits related to these transactions are included.
Why It Matters
This filing signals a significant strategic move for International Paper through an acquisition, potentially impacting its market position and future financial performance. The disclosure of equity sales also provides insight into capital structure changes.
Risk Assessment
Risk Level: medium — Acquisitions and unregistered equity sales can introduce financial and operational risks, as well as potential dilution for existing shareholders.
Key Players & Entities
- International Paper Company (company) — Registrant
- January 31, 2025 (date) — Date of earliest event reported
- 0000051434 (company) — Central Index Key
- 1-3157 (company) — Commission file number
- 13-0872805 (company) — I.R.S. Employer Identification No.
- 6400 Poplar Avenue, Memphis, Tennessee 38197 (address) — Principal Executive Offices
- (901) 419-9000 (phone_number) — Registrant's telephone number
FAQ
What specific business did International Paper acquire?
The filing indicates the completion of an acquisition of assets but does not specify the name of the acquired business in the provided text.
What was the date of the acquisition completion?
The acquisition was completed on January 31, 2025.
What type of equity securities were sold unregistered?
The filing mentions unregistered sales of equity securities but does not specify the type or details of these securities in the provided text.
What are the main items reported in this 8-K filing?
The main items reported are the completion of an acquisition or disposition of assets, unregistered sales of equity securities, other events, and financial statements and exhibits.
Where is International Paper's principal executive office located?
International Paper's principal executive offices are located at 6400 Poplar Avenue, Memphis, Tennessee 38197.
Filing Stats: 1,093 words · 4 min read · ~4 pages · Grade level 10.9 · Accepted 2025-01-31 17:15:22
Key Financial Figures
- $1 — nge on which registered Common Stock, $1 per share par value IP New York Sto
- $1.00 — common stock of the Company, par value $1.00 per share (the " Company Common Stock "
Filing Documents
- d912124d8k.htm (8-K) — 34KB
- d912124dex991.htm (EX-99.1) — 12KB
- 0001193125-25-018475.txt ( ) — 169KB
- ip-20250131.xsd (EX-101.SCH) — 3KB
- ip-20250131_lab.xml (EX-101.LAB) — 17KB
- ip-20250131_pre.xml (EX-101.PRE) — 11KB
- d912124d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (a)
Financial Statements of Business Acquired
Financial Statements of Business Acquired. The Company previously filed in its Definitive Proxy Statement filed on Schedule 14A with the SEC on September 12, 2024 (together with any amendments and supplements, the " Proxy Statement ") the financial statements required under Item 9.01(a) in connection with the Acquisition, which are incorporated herein by reference. (b) Pro Forma Financial Information. The Company previously filed in the Proxy Statement the unaudited pro forma financial information required under Item 9.01(b) in connection with the Acquisition, which is incorporated herein by reference. (d) Exhibits. Exhibit No. Description 2.1 Rule 2.7 Announcement dated April 16, 2024 (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed with the SEC on April 16, 2024) 2.2 Co-operation Agreement, dated April 16, 2024, between the Company and DS Smith (incorporated by reference to Exhibit 2.2 to the Company's Current Report on Form 8-K filed with the SEC on April 16, 2024) 99.1 Company Press Release, dated January 31, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL PAPER COMPANY Dated: January 31, 2025 By: /s/ Joseph R. Saab Name: Joseph R. Saab Title: Senior Vice President, General Counsel and Corporate Secretary