Sonoco (SON) Tops Q4 EPS by 2c; Approves $100M Common Stock Buyback

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Sonoco Reports Fourth Quarter, Full-Year 2015 Results

February 11, 2016 6:30 AM EST

HARTSVILLE, S.C., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported consolidated financial results for its fourth quarter and full-year 2015. (2014 consolidated financial results referenced in this news release have been restated to reflect adjustments associated with the previously reported misstatements of the Companys Irapuato, Mexico, packaging center. Information on the restatement is available in the Companys 2014 Annual Report on Form 10-K/A.)   

Fourth Quarter Highlights

Fourth quarter 2015 GAAP earnings per diluted share were $.55,... More