WestRock announced yesterday that it has repurchased more than 3.7 million shares of its common stock since November 10, 2015, at an average price of less than $45 per share. The vast majority of these shares were purchased after December 15, 2015, via an ongoing 10b5-1 program.  Since July 1, 2015, the company has repurchased 9 million shares under its 40 million share repurchase authorization.

"WestRock has a great business platform and strong cash flows, and we are executing on our disciplined and balanced capital allocation strategy," said Steve Voorhees, CEO of WestRock.