International Paper (IP.N, IP US)
- 20555.1
- 347.3
- 98.5
Company Profile
International Paper (IP) is the largest US producer of fibre-based (corrugated box) packaging, with approximately 30% of US market share. IP is US listed and a constituent of the S&P 500 index. In April 2024, IP made a recommended offer to acquire European packaging group DS Smith, set to complete in Q1 2025. On a pro-forma basis, the combined enlarged 'International Paper and DS Smith' packaging group will have over $30bn annualised revenues, making it one of the largest global packaging groups.
| Major Shareholders | % |
| T. Rowe Price Associates (IM) | 14.4 |
| The Vanguard Group, Inc. | 11.8 |
| BlackRock Fund Advisors | 9.9 |
| Capital Research & Mgt (World) | 8.0 |
| Fidelity Management & Res. Co. | 7.8 |
