Packaging Corp. (PKG) Board Approves $1B Stock Buyback

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Packaging Corporation of America Reports Fourth Quarter and Full Year 2021 Results

January 26, 2022 5:41 PM EST

LAKE FOREST, Ill.--(BUSINESS WIRE)-- Packaging Corporation of America (NYSE: PKG) today reported fourth quarter 2021 net income of $217 million, or $2.28 per share, and net income of $262 million, or $2.76 per share, excluding special items. Fourth quarter net sales were $2.0 billion in 2021 and $1.7 billion in 2020. Full year 2021 net income was $841 million, or $8.83 per share, and net income of $894 million, or $9.39 per share, excluding special items. Full year net sales were $7.7 billion in 2021 and $6.7 billion in 2020.

Diluted earnings per share attributable to Packaging Corporation of America shareholders

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