ATLANTA (News release) -- Graphic Packaging Holding Company, a global leader in sustainable consumer packaging, announced that its Board of Directors has approved a new $1.5 billion share repurchase authorization. This authorization is in addition to the July 27, 2023 share repurchase authorization under which $365 million remains available, bringing the aggregate available authorization as of April 30, 2025 to $1.865 billion.

The new authorization allows for the repurchase of shares from time to time through open market repurchases, privately negotiated transactions and Rule 10b5-1 plans in accordance with applicable securities laws. The timing of repurchases, if any, will depend on a range of factors including market conditions, the Company's financial condition, debt maturities, and cash flow.

Graphic Packaging President and CEO Michael Doss said "With the last major investment of Vision 2025 moving toward completion, the Company's capital spending needs will decline significantly. While we will always prioritize reinvestment to maintain and build on our leadership position in sustainable consumer packaging, we expect to generate cash well in excess of our needs over the next several years."

The Company's Board of Directors previously approved a ten percent increase in the quarterly dividend to $0.11 per share, paid on April 5, 2025 to common stockholders of record at the close of business on March 15, 2025.

"We measure every potential investment against the alternative of repurchasing our stock, and expect to return a substantial amount of available cash to stockholders in the months and years ahead through a growing dividend and opportunistic share repurchase activity" Mr. Doss added.