Sylvamo Corporation has announced a new share repurchase program authorized by its board of directors, amounting to $150 million to acquire the company's common stock. This initiative reflects the company's confidence in its long-term strategy and financial strength. It follows the recent completion of a previous $150 million share repurchase program announced on Sept. 19, 2023, with a total of $82 million in share repurchases conducted so far this year. The program is subject to market conditions and has no termination date, providing flexibility in execution.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sylvamo Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250915212018) on September 15, 2025, and is solely responsible for the information contained therein.