From Financial Modeling Prep: 2024-11-04 20:00:04

Glatfelter Corporation executed a 13-for-1 reverse stock split as part of its strategic plans, following a merger with Berry Global Group Inc.’s division to form Magnera, the largest nonwovens company globally. GLT’s stock price stands at $21.05, with a market capitalization of approximately $957.7 million. Shareholders have approved all necessary merger proposals.



Read more at Financial Modeling Prep:: Glatfelter Corporation’s Strategic Moves and Merge…