Packaging Corp. (PKG) Declares $0.55 Quarterly Dividend; Approves $200M Common Stock Buyback

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Packaging Corporation of America Announces Additional $200 Million Share Repurchase Authorization

February 25, 2016 5:00 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) announced today that its Board of Directors has authorized the repurchase of an additional $200 million of the companys outstanding common stock. The company completed repurchases under its previously-announced authorization earlier this month.

Repurchases may be made from time to time in open market or privately negotiated transactions in accordance with applicable securities regulations. The timing and amount of repurchases will be determined by the company in its discretion based on factors such as PCAs stock price and market and business conditions.... More

Packaging Corporation of America Declares Quarterly Dividend

February 25, 2016 5:00 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) announced today that its Board has approved a regular quarterly dividend of $0.55 per share on its common stock. The quarterly dividend of $0.55 per share will be paid to shareholders of... More