FAQs

Frequently Asked Questions from our investor community.

Stock Information

How can I get a history of International Paper’s stock price or look up stock prices for specific dates?

Clicking on Stock Chart will enable you to view International Paper's stock price trends and customize the view based on your specified time frame, frequency, and comparison criteria.

Stock prices for specific dates may be obtained through the Historical Price Lookup feature for dates from 1970 through the present. For dates prior to 1970, please consult your local library for newspaper archives (i.e. Wall Street Journal or The New York Times).

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Has International Paper’s common stock ever split?

Yes. International Paper common stock has split four times in its history:
Record Date Payable Date Amount
11/07/49 12/20/49 2 for 1
10/27/60 12/06/60 3 for 1
4/14/87 5/20/87 2 for 1
7/11/95 9/18/95 2 for 1

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How do I transfer my stock or change my address?

Our transfer agent is Computershare. They are able to assist registered shareowners with a variety of services such as change of address, lost certificates or dividend checks, change in registered ownership, or the dividend reinvestment program. They can be contacted at:

Shareholder correspondence should be mailed to:
Computershare
P.O. BOX 30170
College Station, TX 77842-3170

Overnight correspondence should be sent to:
Computershare
211 Quality Circle, Suite 210
College Station, TX 77845

Shareholder website
www.computershare.com/investor

Shareholder online inquiries
https://www-us.computershare.com/investor/Contact

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Who should I contact if I’ve misplaced my stock certificates or dividend checks?

Our transfer agent is Computershare. They are able to assist registered shareowners with a variety of services such as change of address, lost certificates or dividend checks, change in registered ownership, or the dividend reinvestment program. They can be contacted at:

Shareholder correspondence should be mailed to:
Computershare
P.O. BOX 30170
College Station, TX 77842-3170

Overnight correspondence should be sent to:
Computershare
211 Quality Circle, Suite 210
College Station, TX 77845

Shareholder website
www.computershare.com/investor

Shareholder online inquiries
https://www-us.computershare.com/investor/Contact

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Stock Administration

Does International Paper have a Direct Stock Purchase Plan?

Yes. You may participate in the International Paper Direct Purchase Program if you currently own International Paper common stock that is registered in your name, or by making a minimum initial investment of $500, but not more than $20,000 annually, through the Direct Purchase Program.

Additional cash purchases may be made by check or by automatic monthly bank-account deductions. Additional cash purchases are subject to a minimum requirement of $50 per purchase, with an annual maximum of $20,000.

To participate in International Paper's Direct Stock Purchase Plan or to obtain additional information contact International Paper's transfer agent: Computershare, P.O. BOX 30170, College Station, TX 77842-3170; www-us.computershare.com/Investor/Contact; Telephone: 1-800-678-8715, International Shareholders: 1-781-575-2723

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Who can I contact regarding general questions about my International Paper shares?

International Paper's transfer agent is Computershare. Registered shareowners can manage their account online at https://www-us.computershare.com/investor/Contact or by phone or mail:

Computershare
P.O. BOX 30170
College Station, TX 77842-3170
Telephone: 1-800-678-8715
International Shareholders: 1-781-575-2723
www-us.computershare.com/Investor/Contact

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Who is International Paper's Transfer Agent?

Transfer Agent - Computershare
P.O. BOX 30170
College Station, TX 77842-3170
Telephone: 1-800-678-8715
International Shareholders: 1-781-575-2723

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How do I contact International Paper's Transfer Agent?

Transfer Agent - Computershare
P.O. BOX 30170
College Station, TX 77842-3170
Telephone: 1-800-678-8715
International Shareholders: 1-781-575-2723

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Dividends

Does International Paper pay dividends on common stock?

Yes. International Paper pays dividends quarterly. The quarterly dividend rate is currently $0.4625 per share for common stock.

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How can I find out about International Paper’s Automatic Dividend Reinvestment Program and Direct Registration Program?

Under the automatic dividend reinvestment program, you may invest all or a portion of your dividends, and you may purchase up to $20,000 of additional shares each year. You must hold a minimum of 25 shares to participate in the Automatic Dividend Reinvestment Program. Through the Direct Registration Program, you may also deposit your certificates with the transfer agent for safekeeping.

Call Computershare at 1-800-678-8715 to request a prospectus and enrollment package. All shareholder programs are administered by Computershare, International Paper's transfer agent.

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Can I arrange to have my dividends deposited directly into my savings/checking account?

Yes. Quarterly dividends may be electronically transferred to your bank, savings and loan or credit union account. Please call our transfer agent Computershare at 800-678-8715 to request an authorization card for this service.

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Operations

Does International Paper issue quarterly reports?

Yes. International Paper files quarterly (10-Q) and annual (10-K) financial reports with the SEC. You may obtain these reports by going to SEC Filings. Also, use our Email Alerts feature if you wish to be notified when International Paper files with the SEC.

Current press releases may be obtained online by clicking News Releases.

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Where is International Paper’s world headquarters?

Our Corporate Headquarters and our Operational Headquarters are located in Memphis, TN:

International Paper
6400 Poplar Avenue
Memphis, TN 38197
901-419-9000

Global Offices are headquartered at the following locations:

International Paper Europe
Chausee de la Hulpe, 166
1170 Brussels, Belgium
32-2-774-1211

International Paper Asia
30th Floor, K. Wah Center
1010 Huaihai Zhong Road
Shanghai, 200031
8621-6113-3200

International Paper Do Brasil
Rodovia Sp 340 Km 171
Mogi Guacu SP 13840-970, Brazil
55-19-3861-8121

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What is the stock symbol and Cusip number for International Paper common stock?

The stock symbol for International Paper common stock is IP and the Cusip number is 460146-10-3

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On what stock exchanges is International Paper listed?

International Paper common stock (symbol:IP) is listed on the New York Stock Exchange.

International Paper options are traded on the Chicago Board of Options Exchange and the New York Stock Exchange.

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How many shares of International Paper common stock are outstanding?

As of 03/15/2016, there were 411,159,882 shares outstanding.

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Who is International Paper’s Independent Public Accountant?

Deloitte & Touche
Two World Financial Center
New York, NY 10281

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Who can I call for answers to general questions about International Paper?

Investors desiring further information about International Paper should contact the Investor Relations hotline at (800) 332-8146 (toll free within the U.S.) or (901) 419-4352 (outside the U.S.).

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Who handles International Paper's Retirement Plan?

If you are a retiree of International Paper and have questions about your retirement plan, please call JP Morgan at 1-800-345-2345.

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When and where is the next annual meeting?

Monday, May 8, 2017, at 12 pm Eastern/11 am Central at International Paper Company Headquarters, 6400 Poplar Avenue, Memphis, TN, 38197.

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The following are FAQ’s for former champion shareholders

How many shares of IP stock and how much cash was I entitled to receive in the exchange?

You were entitled to receive .7073 shares of IP common stock plus $50.00 of cash in respect of each share of Champion common stock.

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What average price per share was used to determine the number of shares I received?

The average price per share of IP common stock used to determine the number of shares received in exchange for each share of Champion common stock was computed pursuant to the terms of the merger agreement on the basis of the average volume weighted price for IP stock on 15 randomly selected trading days during the 30 trading day period from May 3, 2000 through June 14, 2000. The average volume weighted price used in that exchange ratio calculation was $35.3441. Therefore, .7073 shares of IP common stock represented the $25 of value agreed upon by Champion and IP when the transaction was negotiated.

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How can I find out the specific 15 days that were selected to determine the $35.3441 average volume weighted price?

Pursuant to the conditions set forth in the Merger Agreement, the following 15 trading days were randomly selected:

  • May 5 ($37.6863)
  • May 9 ($37.6589)
  • May 11 ($36.4331)
  • May 16 ($40.1154)
  • May 24 ($35.9391)
  • May 25 ($35.2468)
  • May 26 ($33.5176)
  • May 30 ($34.3426)
  • May 31 ($35.2109)
  • June 5 ($35.1060)
  • June 6 ($34.5637)
  • June 8 ($33.4442)
  • June 12 ($33.5303)
  • June 13 ($33.2784)
  • June 14 ($34.0886)

The volume weighted average price of IP common stock is rounded to the nearest .0001 for each date.

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How do I determine my cost basis in the IP shares I received? What is my cost basis if I surrendered my shares after the close of the exchange period?

Your cost basis in the IP shares received will be equal to their fair market value on the date on which you sold your Champion stock. If you tendered your Champion stock during the exchange period, you must determine the fair market value of the IP shares on the expiration date of the exchange offer, June 16, 2000. On that date, the mean between the highest and lowest quoted selling prices was $32.6250 per share.

If you did not tender your shares during the exchange offer period, you must determine the fair market value of your IP shares on the effective date of the merger, June 20, 2000. The mean between the highest and lowest quoted selling prices on that date was $31.5313 per share.

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Do I allocate my basis in the Champion shares between the cash and new shares of IP that I received?

No. You should not allocate your basis in the Champion shares between the cash and the new shares of IP that you received. Your basis for the IP shares will be equal to their fair market value on the date you sold your Champion shares in the exchange offer or the merger, as the case may be. If you tendered your Champion stock during the exchange period, you must determine the fair market value of the IP shares on the expiration date of the exchange offer, June 16, 2000. If you did not tender your shares in the exchange offer you must determine the fair market value of the IP shares on the effective date of the merger, June 20, 2000. The mean between the highest and lowest quoted selling prices on June 16 was $32.6250 and on June 20 was $31.5313.

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Is the IP/Champion transaction fully taxable?

Yes. The exchange of Champion shares for IP shares plus cash is taxable. Therefore, you should determine whether the transactions on either June 16, 2000 or June 20, 2000 resulted in a gain or loss, which should be reported on your estimated tax returns and your annual tax returns.

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I am required to pay quarterly taxes; how do I determine my capital gains/losses related to the shares of Champion that I held for tax purposes?

In order to calculate net gain or loss, you must first determine your basis in the Champion shares. Such basis is then subtracted from the total of the fair market value of the IP shares plus the cash you received in order to determine your net gain or loss.

Your basis is generally equal to the price you paid for your Champion stock. For example, if you purchased a share of Champion common stock for $20, then your basis would be $20. If you received your Champion common stock as a gift or by inheritance your basis will be calculated differently, and you should consult your tax advisor.

The fair market value of the IP shares used in calculating gain or loss will be different if you submitted your Champion shares during the exchange offer or at some subsequent date. If you submitted your Champion shares during the exchange offer, you must value your IP shares on the expiration date of the offer, June 16, 2000. If you did not tender your shares during the exchange offer, you must determine the fair market value of the IP shares on the effective date of the merger, June 20, 2000. The mean between the highest and lowest quoted selling prices on June 16 was $32.6250 and on June 20 was $31.5313.

If you held your Champion common stock as a capital asset, you would then determine your capital gain or loss by subtracting your cost basis from the total amount of consideration that you received. For this purpose, the total consideration is comprised of the fair market value of the IP shares as described above plus all cash which you received, including any cash paid in lieu of fractional shares.

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I held 100 shares of Champion common stock with an average cost basis of $20/share and I tendered my shares prior to the expiration of the exchange offer. How many IP shares should I receive? How much cash should I receive? What is my basis in the new shares? What are my tax consequences?

The average volume weighted price used in the exchange ratio calculation was $35.3441. This means that .7073 shares of IP common stock represented the $25 of value agreed upon by Champion and IP when the transaction was negotiated. The 100 shares of Champion stock would therefore convert into 70 shares of IP stock. Fractional shares (the remaining .73 shares) are paid in cash. Therefore, if you held 100 shares of Champion common stock, you would receive 70 shares of IP common stock.

Because the agreed upon cash value of transaction was $50 per common share of Champion stock, cash received would equal $5,000 (100 Champion common shares x $50/share) plus the cash value of any fractional IP shares due. Pursuant to the Merger Agreement, the value of fractional shares is determined by taking the average of the last reported sales price of IP common stock for the 20 trading days ending on June 14, 2000. Therefore, the fair market value of the fractional shares is $35.1969. In this case, because there are .73 fractional shares remaining, the shareholder would receive $25.69 (.73 shares x $35.1969) in cash for these shares. Total cash received for the 100 Champion common shares would therefore equal $5,025.69.

The calculation that follows outlines the shareholder’s basis in the new shares, as well as the applicable tax consequences of this transaction. In this case, the shareholder would recognize a gain on the transaction:

A. Original Cost Basis
100 shares x $20/share = $2000.00

B. Consideration Received in Exchange
1. 70 IP shares x $32.625 (Value on June 16) = $2283.75
2. 100 Champion shares x $50/share = $5000.00
3. Cash for .73 fractional shares (.73 x $35.1969) = $25.69
TOTAL = $7309.44

C. Gain or Loss
Total Consideration $7309.44
Cost Basis ($2000.00)
Gain recognized $5309.44

D. Basis in the New IP Shares $2283.75

Note: This calculation is provided for informational purposes only. Specific questions about your unique situation should be discussed with your tax advisor.

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I forgot to tender my shares, what should I do now? What will I receive for my Champion shares? How long do I have to surrender my shares?

If you have not tendered your shares, you should deliver them promptly to the Disbursing Agent, Chase Mellon Shareholder Services, L.L.C. You are still entitled to receive .7073 shares of IP common stock and $50 cash for each share of previously held Champion common stock plus the cash amount payable in lieu of fractional shares.

You should have received a Letter of Transmittal following the merger, which provi des instructions for effecting the surrender of Champion common stock certificates in exchange for such consideration.

Questions and requests for assistance concerning this process should be directed to the Information Agent at its telephone number set forth below:

Innisfree M&A Incorporated (212) 750-5833 (call collect) or Call Toll Free: (877) 750-5837

Specific questions about your unique situation should be discussed with your tax advisor.

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How do I obtain an annual report or other financial documents?

Current and past years’ annual reports to shareholders may be accessed by going to Annual Reports. For past years’ annual reports that are not listed or for annual reports on Form 10-K, quarterly reports on Form 10-Q, proxy statements and more, visit FreeEdgar, an online resource for SEC filings, or www.sec.gov, the website of the U.S. Securities and Exchange Commission.

Note: FreeEdgar is neither affiliated with nor maintained by International Paper.

If you prefer to receive printed copies of these reports, you may order financial information online using the Financial Requests order form, or you may call the Investor Relations Reports hotline at (800) 332-8146 (toll free within the U.S.) or (901) 419-4352 (outside the U.S.)

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