Veritiv Corporation began trading on the New York Stock Exchange on July 2, 2014 under the ticker symbol VRTV. A total of 16 million shares were issued.
Updated share information can be found in the Stock Information tab.
back to top
Veritiv Corporation announced on December 4, 2014 that it has selected Northpark Town Center, located in the
Central Perimeter area of Atlanta, for the company’s executive offices. The Company will continue to have
significant operations in the Greater Cincinnati, OH area. To read the press release in its entirety, view the News
Releases section under the Newsroom tab or simply click here.
Information on the executive team
board of directors
can be found under the Governance tab.
One team shaping success through exceptional service, innovative people, and consistent
Veritiv Corporation’s business strategy is underpinned by two foundational objectives –
profitable growth and operational excellence.
Profitable Revenue Mix – Segment Specific Market Leadership
Veritiv Corporation does not currently expect to declare or pay dividends on our common stock. Instead, the
Company intends to retain earnings to finance the growth and development of our business and for working
capital and general corporate purposes. Any payment of dividends will be at the discretion of the board of
directors and will depend upon a variety of factors.
Furthermore, Veritiv is restricted under the Contribution and Distribution Agreement from declaring or paying
special dividends through the second anniversary of the Closing Date (or, in certain circumstances, January 1,
Veritiv Corporation is audited by Deloitte & Touche
Veritiv Corporate will report on a calendar year basis.
The structure of the transaction was a Reverse Morris Trust, in which a newly-formed entity
holding International Paper’s xpedx business, was spun off to the International Paper
stockholders and then merged with the Unisource business creating an independent , publicly-
A total of 16 million shares were issued to effect
the transactions. These shares were split
with 51% of shares going to the International Paper
shareholders and 49% going to
Unisource’s Parent company, UWW Holdings. The date
of record for shareholders for this
transaction was June 20, 2014. The shares issued to the International Paper stockholders
began trading regular way on the New York Stock Exchange on July 2, 2014 under the ticker
symbol VRTV. The shares issued to UWW Holdings were in lock-up for 180 days after the closing on July 1, 2014.
As a stand-alone entity, Veritiv will be able to provide a new level of focus on its core business
and recognize significant synergies through the combination of xpedx and Unisource’s
No. International Paper stockholders as of June 20, 2014 received 0.0191 shares of Veritiv for each share of
International Paper they owned. There was no change to the number of shares of International Paper as a result
of the transactions. For further information about International Paper shares, please contact International Paper
Investor Relations at 1-800-332-8146.
Investors that resulted in holding fractional shares post spinoff received cash for the market price of their
In regards to locating, updating or transferring stock ownership, please contact the Company’s
stock transfer agent. Veritiv’s stock transfer agent is Computershare which can be reached
with the contact details below
Computershare Investor Services
P.O. Box 43078
Providence, RI 02940-3078
A stock transfer agent manages and maintains the records of a company’s shares. The transfer agent is
responsible for the transfer of ownership from the seller’s name to the buyer’s name. The transfer agent also
determines shareholders of record, ensures all shares are properly accounted for and that dividend payments
are made to shareholders of record. The transfer agent does not maintain records of shares bought and sold
through brokerage accounts.
An investor can sign-up for email alerts to receive notifications when new filings, events and press releases are
updated. The email alerts form can be found in the Investor Toolkit or by simply clicking here.
Veritiv © 2017 Veritiv Corporation. All rights reserved.