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RYAM News and Press, Rayonier Advanced Materials Inc. From 05/04/22

Stock Information

Company Name: Rayonier Advanced Materials Inc.
Stock Symbol: RYAM
Market: NYSE
Website: rayonieram.com

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RYAM - Rayonier Advanced Materials Inc. (RYAM) CEO Vito Consiglio on Q1 2022 Results - Earnings Call Transcript

Rayonier Advanced Materials Inc. (RYAM) Q1 2022 Earnings Conference Call May 4, 2022, 9:00 AM ET Company Participants Vito Consiglio – President and Chief Executive Officer Marcus Moeltner – Senior Vice President, Finance and Chief Financial Officer Mickey Walsh – Treasur...

RYAM - Rayonier Advanced Non-GAAP EPS of -$0.38 beats by $0.03, revenue of $352M misses by $13.35M

Rayonier Advanced press release (NYSE:RYAM): Q1 Non-GAAP EPS of -$0.38 beats by $0.03. Revenue of $352M (+10.3% Y/Y) misses by $13.35M. Reaffirms 2022 guidance. For further details see: Rayonier Advanced Non-GAAP EPS of -$0.38 beats by $0.03, revenue of $352M misses by $13.35M

RYAM - Rayonier Advanced Materials Announces First Quarter 2022 Results

Reaffirms 2022 Guidance Reaffirms 2022 guidance of driving EBITDA growth, with expected previously announced slow start in first quarter, and a focus on capturing higher prices from strong demand, managing inflationary costs and improving reliability Cost surcharge...

RYAM - Rayonier Advanced Materials sells shares in GreenFirst Forest Products for $43.3M

Rayonier Advanced Materials (NYSE:RYAM) said Monday it sold ~28.7M shares of GreenFirst Forest Products (OTCPK:ICLTF) to Interfor's subsidiary for ~$43.3M. The deal contains a purchase price protection clause, whereby RYAM is entitled to participate in further stock price appreciation un...

RYAM - Rayonier Advanced Materials Announces Sale of GreenFirst Forest Products Inc. Shares

Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”) announced that it has sold 28,684,433 common shares of GreenFirst Forest Products Inc. to a wholly-owned subsidiary of Interfor Corporation for approximately $43.3 million. The agreement contains a Purchase Pric...

RYAM - Rayonier Advanced Materials Comments on Letter from Chatham Asset Management

Continues to Recommend Stockholders Vote “FOR” Three Nominees for Election to the Board at the 2022 Annual Meeting Rayonier Advanced Materials Inc. (NYSE:RYAM) (the “Company”) today issued the following statement in response to Chatham Asset Manag...

RYAM - Chatham Asset Management Issues Open Letter to Rayonier Advanced Materials Shareholders

Intends on Withholding Vote Against Directors Thomas I. Morgan and Lisa M. Palumbo at Annual Meeting Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayon...

RYAM - Rayonier Advanced Materials' Receives Nordic Swan Qualification for Sustainable Fluff Pulp Manufacturing Practices

The Nordic Swan Ecolabel Indicates a Product Meets Responsible Environmental Requirements Rayonier Advanced Materials Inc. (NYSE: RYAM, the “Company”), a pioneer in the production of fluff pulp, today announced that it qualifies as an “Inspected Raw Mate...

RYAM - Chatham Asset Management Sends Letter to Rayonier Advanced Materials Board of Directors Regarding Proposed Refinancing Transaction and Adoption of Stockholder Rights Plan

Again Urges Company to Engage with Chatham and Address Upcoming Debt Maturities Calls on Board to Rescind or Submit Poison Pill for Stockholder Approval Chatham Asset Management, LLC ("Chatham"), a private investment firm which manages funds that beneficially...

RYAM - Rayonier adopts shareholder rights plan to block Chatham proposal

Rayonier Advanced Materials (RYAM) +1% pre-market after saying its board has adopted a short-term shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share, in an effort to block a proposal from activist shareholder Chatham As...

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