Graphic Packaging Holding Co (GPK): David W Scheible , Chairman of Graphic Packaging Holding Co sold 150,000 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $13.24 per share for a total value of $1,986,510.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Alan R Nichols (SVP, Mills) sold 79,774 shares at $13.40 per share price.On May 2, 2016, David W Scheible (Chairman) sold 100,000 shares at $13.19 per share price.Also, On Mar 18, 2016, G Andrea Botta (director) sold 20,000 shares at $12.96 per share price.On Dec 16, 2015, Harold R Jr Logan (director) sold 9,000 shares at $12.84 per share price.
Shares of Graphic Packaging Holding Company (GPK) ended Friday, May 13, 2016 session in red amid volatile trading. The shares closed down -0.18 points or -1.34% at $13.21 with 38,64,447 shares getting traded. Post opening the session at $13.33, the shares hit an intraday low of $13.15 and an intraday high of $13.39 and the price vacillated in this range throughout the day. The company has a market cap of $4,254 M and the number of outstanding shares has been calculated to be 32,20,12,780 shares. The 52-week high of Graphic Packaging Holding Company is $15.28 and the 52-week low is $10.71.
Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food beverage and other consumer products companies. The Company operates in four geographic areas which includes the United States/Canada Central/South America Europe and Asia Pacific. The Company’s paperboard packaging includes the design manufacture and installation of packaging machinery related to the assembly of cartons as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated coated and printed packaging structures that are produced from its coated unbleached kraft (CUK) coated-recycled board (CRB) as well as other grades of paperboard that are purchased from third-party suppliers.