Magnera Corp
NYSE:MAGN
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MAGN's latest stock split occurred on Nov 4, 2024
The company executed a 1-for-13 stock split, meaning that for every 13 shares held, investors received 1 new share.
Before the split, MAGN traded at 1.74 per share. Afterward, the share price was about 21.05.
The adjusted shares began trading on Nov 4, 2024. This was MAGN's 4th stock split, following the previous one in May 14, 1992.
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Magnera Corp
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Magnera Corp is a US-based company operating in Paper & Forest Products industry. The company is headquartered in Charlotte, North Carolina and currently employs 2,867 full-time employees. Magnera Corporation, formerly Glatfelter Corporation, is a specialty materials and nonwovens company. The company provides a platform of solutions for the specialty materials industry. The company offers a range of products, including components for absorbent hygiene products, protective apparel, wipes, specialty building and construction products, and products serving the food and beverage industry. The company has a diverse business and customer mix, with a platform of over 46 global manufacturing facilities across a portfolio of products and solutions, including adult incontinence, baby care, feminine hygiene, food and beverage, home and healthcare, infrastructure and wipes. Its nonwoven solutions include Spunmelt, Airlaid, Wetlaid, Spunlace, Spinlace, Meltblown, Adhesive bond, needlepunch, and Through Air Bonded. Its Films & Laminates include Breathable Film, Elastic Film, Cast film, and Blown Film. Its brands include Typar, Chicopee, Sontara, Terram, Fabrene, Tubex, and Geca Tapes.
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