KapStone Paper and Packaging Corporation (NYSE:KS) Files An 8-K Regulation FD Disclosure

ME Staff 8-k

8 years ago

KapStone Paper and Packaging Corporation (NYSE:KS) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.

KapStone Paper and Packaging Corporation has announced to its customers that, effective with March 13, 2017 shipments, the price of all North America containerboard products will increase by $50 per ton, the price for all corrugated boxes will increase by 10 percent, and the price for all corrugated sheets will increase by 12 percent.

The information in this Current Report on Form 8-K, Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

This Current Report on Form 8-K includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in Part I Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and in our other Securities and Exchange Commission filings.

About KapStone Paper and Packaging Corporation (NYSE:KS)
KapStone Paper and Packaging Corporation is engaged in the production of containerboard, corrugated products and specialty paper. The Company operates through two segments: Paper and Packaging, and Distribution. The Company operates approximately four paper mills. It produces approximately 2.7 million tons of containerboard and specialty paper at its mills in North Charleston, South Carolina; Roanoke Rapids, North Carolina; Cowpens, South Carolina, and Longview, Washington. The Company’s Paper and Packaging segment manufactures and sells a range of container boards, corrugated products and specialty paper for industrial and consumer markets. The Distribution segment, which operates under the Victory and Golden State Container trade names, provides its customers with packaging solutions and services, and distributes corrugated packaging materials, as well as other specialty packaging materials, such as plastics, wood, void fill, tapes and stretch wraps. KapStone Paper and Packaging Corporation (NYSE:KS) Recent Trading Information
KapStone Paper and Packaging Corporation (NYSE:KS) closed its last trading session up +0.36 at 23.45 with 2,244,430 shares trading hands.