Sylvamo initiates $0.1125 quarterly dividend and $150M share repurchase program

Sylvamo Corp

Quarterly dividend of $0.1125 per share, payable July 15, 2022 to holders of record June 17, 2022.
Board authorized share repurchase program up to $150 million of common stock with no termination date.
CEO cites strong free cash flow as enabling cash return to shareholders while continuing debt paydown.

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