International Paper (IP.N, IP US)
- 29100.0
- 526.1
- 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) | 9.1 |
| Capital Research & Mgt (World) | 8.5 |
| The Vanguard Group, Inc. | 8.4 |
| BlackRock Fund Advisors | 7.4 |
| Capital Research & Mgt.(Global) | 5.7 |
