International Paper Files Proxy Materials

TL;DR

IP filed more proxy docs, standard shareholder vote stuff.

AI Summary

International Paper Company (IP) has filed a Definitive Additional Materials proxy statement on September 12, 2024. This filing relates to the company's upcoming annual meeting and is part of the proxy materials distributed to shareholders for voting on corporate matters. The filing does not contain specific proposals or financial details but serves as an addendum to previously filed proxy statements.

Why It Matters

This filing is a standard regulatory step for public companies, ensuring shareholders receive necessary information for voting at the annual meeting.

Risk Assessment

Risk Level: low — This is a routine regulatory filing for a public company and does not present new financial risks or strategic changes.

Key Players & Entities

• International Paper Company (company) — Registrant
• Securities Exchange Act of 1934 (legal_document) — Governing regulation

FAQ

Key Financial Figures

• $1.00 — shares of common stock of IP, par value $1.00 per share, in connection with the Combi
• $18.9 billion — ca, and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by

Filing Documents

• d850544ddefa14a.htm (DEFA14A) — 22KB
• 0001193125-24-218096.txt ( ) — 23KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to 240.14a-12 International Paper Company (Name of Registrant as Specified in its Charter) Not applicable. (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. International Paper Announces Filing of Definitive Proxy Statement in Connection with its Pending Acquisition of DS Smith IPs Board of Directors Recommends IP Shareholders Vote FOR the Proposal MEMPHIS September 12, 2024 International Paper (NYSE: IP, IP) today announced that it has filed with the U.S. Securities and Exchange Commission (the SEC) a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the Definitive Proxy Statement) in connection with its pending acquisition of DS Smith Plc (LSE: DSS, DS Smith) (the Combination). All shareholders of record of IP common stock as of the close of business on Thursday, September 12, 2024, will be entitled to vote their shares by proxy at the special meeting of the IP shareholders (the Special Meeting) to approve the issuance (the Share Issuance) of new shares of common stock of IP, par value $1.00 per share, in connection with the Combination. In addition, on September 11, 2024, DS Smith published and sent to DS Smith shareholders its scheme document in the United Kingdom prepared in accordance with Part 26 of the U.K. Companies Act 2006, containing the full terms and conditions of the Combination, and setting October 7, 2024 as the date of DS Smiths shareholder meeting to approve the Combination. On September 11, 2024, IP also published a Prospectus with the U.K. Financial Conduct Authority, in connection with the admission to trading of IPs shares of common stock, par value $1.00 per share, on the London Stock Exchange upon completion of the Combination. The Special Meeting is scheduled to take place on Friday, October 11, 2024. All eligible IP shareholders will receive a copy of the Definitive Proxy The Combination will be structured as an acquisition of DS Smith by IP and implemented in accordance with the rules of the U.K. Takeover Code and English law. The Combination is expected to create a global leader in sustainable packaging solutions focused on the attractive and growing North American and European regions; leverage the companies complementary business models to increase vertical integration to improve profitability; strengthen customer value proposition through enhanced offerings, innovation, and geographic reach; and accelerate sustainability, including through innovation, for the benefit of all stakeholders. About International Paper International Paper (NYSE: IP) is a global provider of renewable fiber-based packaging and pulp products, and one of the worlds largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating whats next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa, and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com . Contacts International Paper Investors: Mark Nellessen Mark.Nellessen@ipaper.com +1 901 419 1731 Media: Amy Simpson Amy.Simpson@ipaper.com +1 901 419 4964 1 Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release that are not historical in nature may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements can be identified by the use of forward-looking or conditional words such as expects, anticipates, believes, estimates, could, should, can, forecast, intend, look, may, will, remain, confident, commit and plan or similar expressions. These statements are not guarantees of future performance and reflect managements current views and speak only as to the dates the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. All statements, other than statements of historical fact, are forward-looking statements, including, but not limited to, statements regarding the anticipated financial results, economic condi

View Full Filing

View this DEFA14A filing on SEC EDGAR