Articles from Tredegar Corporation

Tredegar Corporation (NYSETG) today announced that it has appointed Chris Vlahcevic as an independent director to its Board of Directors.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported third quarter financial results for the period ended September 30, 2024.

Tredegar Corporation (NYSETG) (“Tredegar”) announced today that it has completed the previously announced sale of Terphane, its flexible packaging films business headquartered in Brazil, to Oben Group (“Oben”).

Tredegar Corporation (NYSETG) announced today that Brazil’s Administrative Council for Economic Defense (“CADE”) approved a merger control agreement allowing Tredegar to proceed with the sale of Terphane, its flexible packaging business headquartered in Brazil, to Oben Group. The conditions contained in the merger control agreement, mainly comprised of post-closing commitments for Oben to address certain competition concerns, are expected to be met with closing of the transaction planned for November 1, 2024.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported second quarter financial results for the period ended June 30, 2024.

Tredegar Corporation (NYSETG) plans to release financial results for the second quarter of 2024 on August 7, 2024.

As previously announced, on September 1, 2023, Tredegar Corporation (NYSETG) entered into a definitive agreement to sell its flexible packaging films (“Terphane”) business to Oben Group. Completion of the sale is contingent upon the satisfaction of customary closing conditions, including the receipt of certain competition filing approvals by authorities in Brazil.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported first quarter financial results for the period ended March 31, 2024.

Tredegar Corporation (NYSETG) will hold its 2024 annual meeting of shareholders virtually on Thursday, May 9, 2024 at 9:00 a.m. EDT. Shareholders will not be able to attend in person; however, shareholders of record as of close of business on March 15, 2024 will be able to vote and ask questions during the meeting through an online platform.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported fourth quarter and full year financial results for the period ended December 31, 2023.

Tredegar Corporation (NYSETG) plans to release financial results for the fourth quarter of 2023 on March 15, 2024.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported third quarter financial results for the period ended September 30, 2023.

Tredegar Corporation (NYSETG) announced today that it has agreed to sell its flexible packaging films (“Terphane”) business to affiliates of Oben Group for net debt-free base consideration of $116 million. Terphane, which solely comprises the flexible packaging segment reported by Tredegar, has approximately 500 employees with manufacturing sites located in Cabo de Santo Agostinho, Brazil and Bloomfield, New York, and headquarters located in São Paulo, Brazil, and exports to 29 countries.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported second quarter financial results for the period ended June 30, 2023.

Tredegar Corporation (NYSETG) plans to release financial results for the second quarter of 2023 on August 9, 2023.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported first quarter financial results for the period ended March 31, 2023.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock. The dividend is payable on July 3, 2023 to shareholders of record at the close of business on June 19, 2023.

Tredegar Corporation (NYSETG) will hold its 2023 annual meeting of shareholders virtually on Thursday, May 4, 2023 at 9:00 a.m. EDT. Shareholders will not be able to attend in person; however, shareholders of record as of close of business on March 10, 2023 will be able to vote and ask questions during the meeting through an online platform.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported fourth quarter and full year financial results for the period ended December 31, 2022.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock. The dividend is payable on April 1, 2023 to shareholders of record at the close of business on March 24, 2023.

Tredegar Corporation (NYSETG) plans to release financial results for the fourth quarter of 2022 on March 16, 2023.

Tredegar Corporation (NYSETG) today announced that John D. Gottwald retired as Tredegar’s chairman of the board of directors on January 6, 2023, and the board has selected Gregory A. Pratt to succeed Mr. Gottwald as chairman. Mr. Gottwald has served as a director since 1989 and as chairman of the board since May of 2019. He also served as president and chief executive officer from July 1989 to September 2001, from March 2006 to January 2010, and from June 2015 to March 2019. Mr. Pratt joined the board in 2014 and has served as lead independent director since 2016.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock. The dividend is payable on January 1, 2023 to shareholders of record at the close of business on December 16, 2022.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported third quarter financial results for the period ended September 30, 2022.

Tredegar Corporation (NYSETG) plans to release financial results for the third quarter of 2022 on November 9, 2022.

Tredegar Corporation (NYSE:TG, also the "Company" or "Tredegar") today reported second quarter financial results for the period ended June 30, 2022.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of thirteen cents ($0.13) per share on the company’s common stock. The dividend is payable on October 1, 2022 to shareholders of record at the close of business on September 16, 2022.

Tredegar Corporation (NYSETG) plans to release financial results for the second quarter of 2022 on August 8, 2022.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported first quarter financial results for the period ended March 31, 2022.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of twelve cents ($0.12) per share on the company’s common stock. The dividend is payable on July 1, 2022 to shareholders of record at the close of business on June 17, 2022.

Tredegar Corporation (NYSETG) will hold its 2022 annual meeting of shareholders virtually on Thursday, May 5, 2022 at 9:00 a.m. EDT. Shareholders will not be able to attend in person; however, shareholders of record as of close of business on March 11, 2022 will be able to vote and ask questions during the meeting through an online platform.

Tredegar Corporation (NYSE:TG, also “Tredegar” or the “Company”) today announced that the Company’s Board of Directors has adopted a resolution to terminate its frozen defined benefit pension plan. The termination and settlement process, which preserves retirement benefits due to participants but changes the ultimate payor of such benefits, is expected to take up to 24 months to complete, subject to receipt of customary regulatory approvals. In connection therewith, on February 9, 2022, the Company borrowed funds under its revolving credit agreement to contribute $50 million to the pension plan (the “Special Contribution”) to reduce its underfunding and as part of a program within the pension plan to hedge or fix the expected future contributions that will be needed by the Company through the settlement process. The Company expects to realize income tax benefits on the Special Contribution of approximately $11 million. Administrative costs for the pension plan through the settlement process are estimated at $4 to $5 million.

Tredegar Corporation (NYSE:TG, also “Tredegar”) today reported that it has completed the sale of its approximate 18% ownership interest in kaleo, Inc (“kaléo”) pursuant to an agreement dated November 28, 2021, whereby Marathon Asset Management provided kaléo shareholders a full liquidity event opportunity (the “Transaction”).

Tredegar Corporation (NYSE:TG, also “Tredegar”) today reported that its approximate 18% ownership interest in kaleo, Inc (“kaléo”) is expected to be sold pursuant to an agreement dated November 28, 2021, whereby Marathon Asset Management will be providing kaléo shareholders a full liquidity event opportunity (the “Transaction”). Closing of the Transaction, which is contingent upon the satisfaction of customary conditions, is anticipated to occur by December 31, 2021.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported third quarter financial results for the period ended September 30, 2021.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of twelve cents ($0.12) per share on the company’s common stock. The dividend is payable on January 1, 2022 to shareholders of record at the close of business on December 17, 2021.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported second quarter financial results for the period ended June 30, 2021.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of twelve cents ($0.12) per share on the company’s common stock. The dividend is payable on October 1, 2021 to shareholders of record at the close of business on September 17, 2021.

Tredegar Corporation (NYSE:TG, also the “Company” or “Tredegar”) today reported first quarter financial results for the period ended March 31, 2021.

The board of directors of Tredegar Corporation (NYSETG) declared a quarterly dividend of twelve cents ($0.12) per share on the company’s common stock. The dividend is payable on July 1, 2021 to shareholders of record at the close of business on June 18, 2021.

Tredegar Corporation (NYSETG) will hold its 2021 annual meeting of shareholders virtually on Thursday, May 6, 2021 at 9:00 a.m. EDT. Shareholders will not be able to attend in person; however, shareholders of record as of close of business on March 12, 2021 will be able to vote and ask questions during the meeting through an online platform.