• SEC Filings

On October 1, 2016, R.R. Donnelley & Sons Company (the “Company” or “RR Donnelley”) completed the previously announced separation (the “Separation”) of its publishing and retail-centric print services and office products business (“LSC Communications, Inc.” or “LSC”) into a separate publicly-traded company. In connection with the Separation, the Company completed the tax free distribution of 80.75% of the outstanding common stock of LSC to the Company’s stockholders (the “Distribution”). Immediately following the Distribution, RR Donnelley retained a 19.25% ownership stake in LSC, and LSC became an independent public company trading on the New York Stock Exchange under the symbol “LKSD.”

Following the Distribution, the Company disclosed that it expected to dispose of its remaining ownership stake in LSC within 12 months after the Distribution. On March 28, 2017, the Company completed the sale of 6,242,802 shares (the “Underwritten Shares”) of LSC’s common stock, par value $0.01 per share (the “Common Stock”) in an underwritten public offering. The sale of the Underwritten Shares was completed at a public offering price of $20.25 per share, less underwriting discounts and commissions.

In connection with the offering by the Company of the Underwritten Shares, LSC sold 936,420 shares of Common Stock (the “Option Shares” and, together with the “Underwritten Shares,” the “Shares”) to the underwriters’ exercise in full of their option to purchase additional shares of Common Stock. RR Donnelley did not receive any of the proceeds from the sale by LSC of the Option Shares.

The offering of the Shares was registered to LSC’s registration statement on Form S-1 (File No. 333-216517), which the Securities and Exchange Commission declared effective on March 22, 2017.  Following the completion of the offering, the Company retained no shares of Common Stock.

About R. R. DONNELLEY & SONS COMPANY (NYSE:RRD)

R.R. Donnelley & Sons Company helps organizations communicate by working to create, manage, produce, distribute and process content on behalf of its customers. The Company’s segments include Variable Print, Strategic Services, International and Corporate. The Variable Print segment includes the Company’s United States short-run and transactional printing operations. The Variable Print segment’s primary product offerings include commercial and digital print, direct mail, labels, statement printing, forms and packaging. The Strategic Services segment includes the Company’s logistics services, print management offerings and digital and creative solutions. The International segment includes the Company’s non-United States printing operations in Asia, Latin America and Canada. The International segment’s primary product and service offerings include magazines, catalogs, retail inserts, books, directories, direct mail, logistics services and digital and creative solutions.

R. R. DONNELLEY & SONS COMPANY (NYSE:RRD) Recent Trading Information

R. R. DONNELLEY & SONS COMPANY (NYSE:RRD) closed its last trading session up +0.22 at 11.57 with 1,635,690 shares trading hands.