WestRock Reports Recent Share Repurchases

WestRock announced yesterday that it has repurchased more than 3.7 million shares of its common stock since November 10, 2015, at an average price of less than $45 per share. The vast majority of these shares were purchased after December 15, 2015, via an ongoing 10b5-1 program.  Since July 1, 2015, the company has repurchased 9 million shares under its 40 million share repurchase authorization.

"WestRock has a great business platform and strong cash flows, and we are executing on our disciplined and balanced capital allocation strategy," said Steve Voorhees, CEO of WestRock.