International Paper Co /new/ (IP): William P Hoel , Senior Vice President of International Paper Co /new/ sold 20,000 shares on Sep 13, 2016. The Insider selling transaction was reported by the company on Sep 13, 2016 to the Securities and Exchange Commission. The shares were sold at $48.12 per share for a total value of $962,474.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 8, 2016, Carol L Roberts (SVP & CFO) sold 12,256 shares at $46.20 per share price.On Jun 10, 2016, Glenn R Landau (SVP & Pres., IP Latin America) sold 10,000 shares at $43.28 per share price.Also, On Jun 6, 2016, Timothy S Nicholls (Senior Vice President) sold 13,000 shares at $42.71 per share price.On May 16, 2016, Thomas G Kadien (Senior Vice President) sold 15,000 shares at $41.94 per share price.
International Paper Co: On Monday, Sep 12, 2016 heightened volatility was witnessed in International Paper Co which led to swings in the share price. The shares opened for trading at $47.3 and hit $48.44 on the upside , eventually ending the session at $48.21, with a gain of 1.05% or 0.5 points. The heightened volatility saw the trading volume jump to 2,940,629 shares. The 52-week high of the share price is $49.7 and the company has a market cap of $19,824 M . The 52-week low of the share price is at $32.5.
International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America Europe Latin America Russia Asia Africa and the Middle East. The Company operates in three segments: Industrial Packaging Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard medium whitetop recycled linerboard recycled medium and saturating kraft. Printing Papers segment products include uncoated papers which engage in the business of producing papers for use in copiers desktop and laser printers and pulp which manufactures printing writing and specialty papers tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups lids food containers and plates. Its brands include Hammermill Springhill Accent Ballet Rey Pol Everest Fortress and Carolina.