ATLANTA, May 1, 2025 — Graphic Packaging Holding Company (NYSE: GPK), a prominent global provider of sustainable consumer packaging solutions, has announced that its Board of Directors has authorized a new share repurchase program totaling $1.5 billion. This new authorization supplements the existing July 27, 2023 authorization, under which $365 million remains. As of April 30, 2025, the total available authorization for share repurchases stands at $1.865 billion.
The company may repurchase shares periodically through various methods, including open market transactions, private negotiations, and Rule 10b5-1 plans, all in compliance with securities laws. The timing of any repurchases will depend on factors such as market conditions, the company’s financial standing, debt maturities, and cash flow.
According to Graphic Packaging President and CEO Michael Doss, capital spending needs are expected to decrease significantly as the final major investment of Vision 2025 nears completion. He stated that while the company will prioritize reinvestments to maintain and strengthen its leading position in sustainable consumer packaging, it anticipates generating cash in excess of its needs over the coming years.
The Company’s Board previously approved a ten percent increase in the quarterly dividend to $0.11 per share, which was paid on April 5, 2025, to shareholders of record as of March 15, 2025.
Mr. Doss added, “We evaluate every potential investment against the option of repurchasing our stock and anticipate returning a substantial amount of available cash to stockholders in the future through increased dividends and strategic share repurchase activities.”
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Forward Looking Statements
This press release contains statements regarding the Company’s expectations, including the completion timeline for the major investment in Waco, TX, future spending requirements, future cash generation, dividend growth, and returning cash to stockholders. These statements are considered “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Such statements are based on current information regarding operating, financial, and competitive factors and are subject to risks and uncertainties that could cause actual results to differ materially from historical results and current expectations. These risks and uncertainties include, but are not limited to, inflation and volatility in raw material and energy costs, shifts in consumer buying habits and preferences, competition from other paperboard manufacturers and product substitution, the Company’s ability to execute its business strategies (including acquisitions, productivity initiatives, cost reduction plans, and integration activities), the Company’s debt level, currency fluctuations, risks associated with international operations, regulatory and litigation matters, the continued availability of U.S. federal income tax attributes to offset U.S. federal income taxes, and the timing of future U.S. federal income tax payments. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to revise or update these statements, except as required by law. Additional information about these and other risks can be found in the Company’s filings with the Securities and Exchange Commission.
About Graphic Packaging Holding Company
Graphic Packaging Holding Company (NYSE: GPK), with headquarters in Atlanta, Georgia, specializes in the design and production of consumer packaging primarily from renewable or recycled materials. As a leader in packaging innovation, the Company is dedicated to minimizing the environmental impact of consumer packaging. Graphic Packaging manages a global network of design and manufacturing facilities, serving prominent brands in the food, beverage, foodservice, household, and other consumer product sectors. More information is available at .
SOURCE Graphic Packaging Holding Company
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