Asheville Daily Planet
RSS Facebook
Firm releases a statement defending its stock selloffs
Wednesday, 15 March 2023 21:07

LAKE FOREST, Ill. — Pactiv Evergreen, which recently announced the closing of its mill in Canton, N.C., sent out a statement late afternoon March 9 about the stock selloffs.

The statement reads:

“The sales that were reported in our SEC filings on Monday were sales automatically done/scheduled in advance by the company... to cover legally required tax withholding and were not discretionary sales made by the executives.”

 



 


contact | home

Copyright ©2005-2015 Star Fleet Communications

224 Broadway St., Asheville, NC 28801 | P.O. Box 8490, Asheville, NC 28814
phone (828) 252-6565 | fax (828) 252-6567

a Cube Creative Design site