---
title: "Packaging Corp. surges to record high on report of containerboard price hike"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293792420.md"
description: "Packaging Corp. of America (PKG) shares surged 8.1% to a record high following a Truist Securities report indicating plans to raise containerboard prices by $140/ton starting September 1, with potential additional increases. Analyst Michael Roxland attributed the hike to rising costs and strong demand amid tight supply. The news also boosted International Paper (IP) and Smurfit Westrock (SW), which rose 10.1% and 10.8% respectively."
datetime: "2026-07-24T19:59:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293792420.md)
  - [en](https://longbridge.com/en/news/293792420.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293792420.md)
generator: "portal-rs"
---

# Packaging Corp. surges to record high on report of containerboard price hike


### Related Stocks

- [IP.US](https://longbridge.com/en/quote/IP.US.md)
- [PKG.US](https://longbridge.com/en/quote/PKG.US.md)
- [SW.US](https://longbridge.com/en/quote/SW.US.md)

## Related News & Research

- [Packaging Corp Of America (PKG) Stock Still Looks Expensive After An 81% Run](https://longbridge.com/en/news/298104282.md)
- [Packaging Corp declares quarterly dividend of $1.5 a share](https://longbridge.com/en/news/297827255.md)
- [Packaging Corp of America announces Q3 dividend of R$ 2.60 per unit](https://longbridge.com/en/news/297931946.md)
- [Sanctuary Advisors LLC Purchases Shares of 17,879 Packaging Corporation of America $PKG](https://longbridge.com/en/news/296888613.md)
- [What Are Wall Street Analysts' Target Price for Packaging Corporation of America Stock?](https://longbridge.com/en/news/297044621.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**