Subsequent Events |
6 Months Ended |
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Jun. 30, 2025 | |
Subsequent Events [Abstract] | |
Subsequent Events | 19. Subsequent Events Legal Proceedings On July 29, 2025, Smurfit Westrock plc, Smurfit Kappa North America LLC, WestRock CP, LLC and seven other industry participants were named as defendants in a class action lawsuit filed in the U.S. District Court for the Northern District of Illinois alleging violations of U.S. antitrust laws. The lawsuit alleges violations of Sections 1 and 3 of the Sherman Act, asserting that the defendants conspired to fix, raise and maintain supracompetitive prices for containerboard sheets, linerboard sheets, and finished packaging products made from containerboard and/or linerboard in the United States. The complaint seeks damages, including treble damages under the Clayton Act, pre- and post-judgment interest, injunctive relief and litigation expenses and attorneys’ fees. The Company believes that it has substantial defenses and intends to vigorously defend against the lawsuit. While the Company is currently unable to determine the ultimate outcome of this matter or estimate the range of potential loss due to the early stage of this proceeding, it is possible that an adverse outcome could have a material impact on its financial condition, results of operations, or cash flows. Dividend Approval On July 30, 2025, the Company announced that its Board approved a quarterly dividend of $0.4308 per share on its ordinary shares. The quarterly dividend of $0.4308 per ordinary share is payable September 18, 2025 to shareholders of record at the close of business on August 15, 2025.
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