secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Paper Corp (CLW)
CIK:        0001441236
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001504337-24-000051
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Paper Q3 net loss $11M from continuing ops; board approves $100M buyback
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- Net loss from continuing ops $11M ($0.64 per diluted share) vs net income $15M a year ago.
- Net income total ops $6M ($0.35/diluted) down from $37M; Adj EBITDA total ops $64M vs $81M.
- Paperboard sales volumes +67% to 314K tons; average price -12% to $1,192/ton.
- Board approved new $100M share repurchase authorization, replacing prior program.
- Closed sale of tissue business Nov 1, 2024; Steve Bowden named SVP Operations effective Jan 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441236/000150433724000051/0001504337-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441236/000150433724000051/clw-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001504337-24-000051

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer