International Paper to Host Capital Markets Day Ahead of DS Smith Spin-Off

International Paper Company (NYSE: IP) announced that executives from its European, Middle Eastern, and African packaging business will host a Capital Markets Day in London on November 3, 2026. Future Chief Executive Officer Tim Nicholls and future Chief Financial Officer Vincent Bonnot will outline the strategic direction and financial outlook for DS Smith plc, the independent public entity created by the planned corporate separation.

The event marks a key step in International Paper's initiative to split its regional operations. The company plans to spin off the EMEA packaging unit through a primary listing on the London Stock Exchange alongside an American Depositary Receipt program on the New York Stock Exchange. Management intends to position the standalone business as a focused European packaging leader, sharing details on its post-separation business model and strategy during the presentation.

Completion of the spin-off remains subject to final board approval and regulatory filings, including approval of a prospectus by the U.K. Financial Conduct Authority and an effective registration statement with the U.S. Securities and Exchange Commission. Shares of International Paper Company traded at $31.81, up 0.22% following the announcement.