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NASHVILLE, TN—Lizanne C. Gottung, a director at Louisiana-Pacific Corp (NYSE:LPX), a $6.1 billion building materials manufacturer trading at a P/E ratio of 15.4, recently executed a significant stock sale, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the company maintains a GREAT financial health score, with management actively pursuing share buybacks. On June 11, Gottung sold 1,179 shares of common stock at a price of $89.52 per share, totaling approximately $105,544. Following this transaction, she holds 18,838 shares directly.
Additionally, on June 12, 388 shares were transferred to Gottung’s ex-spouse as part of a divorce decree, a transaction that did not involve any monetary exchange. As a result, her direct ownership now stands at 18,450 shares. The shares transferred to her ex-spouse are no longer considered part of her beneficial ownership.
In other recent news, Louisiana-Pacific Corporation announced its Q1 2025 earnings, which exceeded market expectations. The company reported earnings per share (EPS) of $1.27, surpassing the projected $1.22, and achieved revenue of $724 million, slightly above the anticipated $711.71 million. The siding business saw an 11% year-over-year growth, contributing to the company’s robust performance despite a challenging market environment. Additionally, Louisiana-Pacific held its annual stockholder meeting, where key decisions such as the election of directors and the ratification of the independent auditor were made. Directors Kelly H. Barrett, Lizanne C. Gottung, and Dustan E. McCoy were elected to serve until the 2028 annual meeting. Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the year 2025. Analyst firms have not provided any recent upgrades or downgrades for the company. These developments offer investors insights into Louisiana-Pacific’s financial health and strategic direction.
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