PKG · 10-Q · 2026Q3 · Full report

Capital Return Program

PACKAGING CORP OF AMERICA · 2026-11-05 · Importance 33 · Surprise 50 · From source text

PCA paid $357 million in dividends during the first nine months of 2026, up from $337 million in the comparable 2025 period. The company repurchased and retired 0.3 million common shares for $59 million during the first nine months of 2026, compared with no share repurchases in the same 2025 period. PCA identified dividends and common-stock repurchases among its primary uses of cash.

Key facts

PCA paid $357 million in dividends in the first nine months of 2026, compared with $337 million in the comparable 2025 period. source
PCA withheld $30 million for employee restricted-stock taxes in the first nine months of 2026, compared with $23 million in the same period of 2025. source
PCA repurchased and retired 0.3 million shares of its common stock for $59 million in the first nine months of 2026; it made no repurchases or retirements in the same period of 2025. source

Impact estimates

metric	direction	stage	expected	basis
cash	negative	realized	-0.2%	PCA paid $357 million in dividends in the first nine months of 2026, compared with $337 million in the comparable 2025 period.