Articles from Pactiv Evergreen Inc.

LAKE FOREST, Ill., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“Pactiv Evergreen” or the “Company”) (NASDAQPTVE) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the Company’s previously announced definitive agreement to be acquired by Novolex® for $18.00 per share in cash.

Featured at IPPE Expo in Atlanta, Georgia from January 28-30, 2025

Solid execution and cost disciplinePoised for next phase of Transformational Journey

LAKE FOREST, Ill., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 13, 2024 to shareholders of record at the close of business on December 2, 2024.

Featured at PACK EXPO International in Chicago, Illinois from November 3-6, 2024

LAKE FOREST, Ill., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its third quarter 2024 earnings release and teleconference call.

LAKE FOREST, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) (“Pactiv Evergreen” or the “Company”) today announced it has completed its previously announced sale of the Pine Bluff, Arkansas, paper mill (“Pine Bluff”) and Waynesville, North Carolina, extrusion facility (“Waynesville”) to Suzano S.A. (“Suzano”).

LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) (“Pactiv Evergreen” or the “Company”) today announced that Jon Baksht, Chief Financial Officer, will present to investors at the Jefferies Industrials Conference on September 4, 2024 at 4:15pm ET.

LAKE FOREST, Ill., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc., a leading manufacturer of fresh food and beverage packaging in North America, is excited to launch innovative Recycleware® Reduced-Density Polypropylene (RDPP) meat trays. Pactiv Evergreen’s Recycleware RDPP meat trays are the perfect solution for packer processors seeking alternatives to foam polystyrene.

Announced sale represents exit from paper mills furthering strategic transformationSecond quarter impacted by end-market weakness and temporary operational disruptions at Pine Bluff millRevising 2024 guidance

LAKE FOREST, Ill., July 31, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on September 13, 2024 to shareholders of record at the close of business on August 30, 2024.

LAKE FOREST, Ill., July 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its second quarter 2024 earnings release and teleconference call.

Concludes Strategic Alternatives Review

LAKE FOREST, Ill., May 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) (“Pactiv Evergreen” or the “Company”) today announced that the Company successfully completed the repricing and upsizing of its $990 million senior secured Term Loan B due September 24, 2028 (the “B-4 Term Loans”) and the subsequent prepayment of its $690 million senior secured Term Loan B due February 4, 2026 (the “B-2 Term Loans”).

Solid operating performance despite macro challenges; Reiterating 2024 guidance

LAKE FOREST, Ill., May 02, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on June 14, 2024 to shareholders of record at the close of business on May 31, 2024.

LAKE FOREST, Ill., April 18, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its first quarter 2024 earnings release and teleconference call.

Delivered solid financial performance and exceeded guidance

LAKE FOREST, Ill., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on March 29, 2024 to shareholders of record at the close of business on March 15, 2024.

LAKE FOREST, Ill., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its fourth quarter 2023 earnings release and teleconference call.

Showcases continued progress against ESG goals while embedding sustainability throughout our business

Solid operating performance and cost discipline; Raising 2023 guidance

LAKE FOREST, Ill., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 15, 2023 to shareholders of record at the close of business on November 30, 2023.

LAKE FOREST, Ill., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its third quarter 2023 earnings release and teleconference call.

LAKE FOREST, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) a leading manufacturer of fresh food and beverage packaging in North America, and ExxonMobil, a leader in advanced recycling technology, are teaming up to provide certified-circular packaging solutions to major food brands and foodservice providers.

LAKE FOREST, Ill., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on September 15, 2023 to shareholders of record at the close of business on August 31, 2023.

Delivered on our commitments and achieved important milestone in Beverage Merchandising Restructuring

LAKE FOREST, Ill., July 17, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its second quarter 2023 earnings release and teleconference call.

LAKE FOREST, Ill., June 21, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen announces that four of the Company’s manufacturing facilities were recently awarded International Sustainability and Carbon Certification (ISCC) PLUS designation, three of which were recognized for the third year in a row. ISCC PLUS in an internationally recognized certification process for bio-based and circular (recycled) resins, which audits the supply chain from end-to-end.

LAKE FOREST, Ill., May 08, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on June 15, 2023 to shareholders of record at the close of business on May 31, 2023.

First quarter 2023 performance exceeds guidance; Raising 2023 guidance

LAKE FOREST, Ill., April 17, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its first quarter 2023 earnings release and teleconference call.

LAKE FOREST, Ill., March 06, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on March 24, 2023 to shareholders of record at the close of business on March 17, 2023.

Strong full year & fourth quarter 2022 results exceed guidance; will leverage scale with streamlined operations and realigned organizational structure

LAKE FOREST, Ill., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced the following details for its fourth quarter 2022 earnings release and teleconference call.

LAKE FOREST, Ill., Feb. 15, 2023 (GLOBE NEWSWIRE) -- To help major food brands achieve important sustainability goals, Pactiv Evergreen, a leading manufacturer of fresh food and beverage packaging in North America, is teaming up with AmSty, the leading manufacturer of polystyrene in North America and a pioneer in circular recycling of polystyrene. Pactiv Evergreen will soon offer customers innovative foam polystyrene packaging products with AmSty’s post-consumer recycled content derived from advanced recycling technologies.

LAKE FOREST, Ill., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“PTVE”) announced today the results of its indirect, wholly-owned subsidiary, Pactiv LLC’s (“Pactiv”) previously announced tender offer (the “Tender Offer”) to purchase for cash any and all of Pactiv’s outstanding 8.375% Debentures due 2027 (the “Notes”).

For Any and All of Its Outstanding 8.375% Debentures due 2027

LAKE FOREST, Ill., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (“PTVE”) announced today the results of its indirect, wholly-owned subsidiary, Pactiv LLC’s (“Pactiv”) previously announced tender offer (the “Tender Offer”) to purchase for cash any and all of Pactiv’s outstanding 7.950% Debentures due 2025 (the “Notes”).

For Any and All of Its Outstanding 7.950% Debentures due 2025

LAKE FOREST, Ill., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen Inc. (NASDAQPTVE) today announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on December 15, 2022 to shareholders of record at the close of business on November 30, 2022.

Delivers solid sequential and year-over-year financial results across all segments and raises 2022 Adjusted EBITDA guidanceStrengthens financial position with receipt of Asia business sale proceeds and pension settlementImproves operational performance

LAKE FOREST, Ill., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Pactiv Evergreen (NASDAQPTVE) today announced the following details for its third quarter 2022 earnings release and teleconference call.