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Stock Market & Financial Investment News

News Breaks
July 28, 2014
08:19 EDTRKTRockTenn announces two-for-one stock split
RockTenn announced that its board has authorized a two-for-one stock split of its Class A common stock, par value 1c per share, to be effected through a 100% stock dividend. Shareholders of record as of August 12, will receive one additional share of Common Stock for each share they hold on that date. The distribution date for the stock split, or the date new shares will be distributed from the company's transfer agent, Computershare Trust Company, N.A., will be August 27. This stock split will not change the proportionate interest that a shareholder maintains in the company. Following the stock split, RockTenn's outstanding common shares will increase to approximately 143M shares.
News For RKT From The Last 14 Days
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March 20, 2015
08:35 EDTRKTMeadWestvaco, RockTenn announce executive management team for combined company
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08:34 EDTRKTMeadWestvaco, RockTenn announce executive team for combined company
MeadWestvaco (MWV) and Rock-Tenn (RKT) announced the executive leadership team for the combined company following the completion of the transaction. As previously announced, Steve Voorhees will serve as the new company’s CEO and John Luke will be non-executive chairman of the board. The executive leadership team announced today includes: Nina Butler, chief sustainability officer; Ward Dickson, chief financial officer; Pete Durette, chief strategy officer; Jennifer Graham-Johnson, chief human resources officer; Linda Schreiner, chief integration officer. The transaction remains on track to close in Q2 and is subject to shareholder approvals of both MWV and RockTenn, certain regulatory approvals and other customary closing conditions.

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