Mercer International INC

Market Movers (8-K)

NASDAQ
Mercer Torgau GmbH & Co. KG is undertaking strategic actions to align capacity with market conditions, including a workforce reduction of approximately 350 positions.
NASDAQ
Mercer International Inc. received a notification from Nasdaq indicating non-compliance with the minimum bid price rule, triggering a 180-day period to regain compliance.
NASDAQ
Mercer International Inc. announced an extended maintenance shutdown for its German pulp mill, Mercer Rosenthal, through September 2026.
Delay expected
NASDAQ
Mercer International Inc. shareholders successfully elected all nine board nominees and ratified executive compensation and auditors at the 2026 Annual Meeting.
NASDAQ
Mercer International reported a significant decrease in Q1 2026 Operating EBITDA to $7.8 million, impacted by a $22 million inventory impairment and rising fiber costs, though mass timber momentum continues.
Worse than expected
Capital raise
NASDAQ
Mercer International Inc. reported a significant net loss of $308.7 million in Q4 2025 and $497.9 million for the full year, driven by non-cash impairments and challenging market conditions.
Worse than expected

Quarterly Earnings (10-Q)

NASDAQ
Mercer International Inc. reported a net loss of $52.0 million for the first quarter of 2026, a significant increase from the prior year's loss, driven by lower pulp sales realizations and higher costs.
Worse than expected
NASDAQ
Mercer International Inc. reported a significant net loss and negative operating EBITDA for the third quarter and first nine months of 2025, leading to a dividend suspension and credit rating downgrades.
Worse than expected
NASDAQ
Mercer International Inc. reported significantly increased net losses and a negative operating EBITDA for the second quarter and first half of 2025, leading to the suspension of its quarterly dividend due to market uncertainties.
Worse than expected
NASDAQ
Mercer International Inc. experienced a decrease in revenue for the first quarter of 2025, primarily due to lower pulp sales volumes, despite higher pulp and lumber sales realizations.
Worse than expected
NASDAQ
Mercer International's Q3 2024 results show a net loss, but improved operating EBITDA compared to the previous year, with varied performance across its pulp and solid wood segments.
Worse than expected
NASDAQ
Mercer International's second quarter saw a net loss of $67.6 million, impacted by a goodwill impairment, despite improved pulp sales realizations.
Worse than expected

Annual Reports (10-K)

NASDAQ
Mercer International Inc. reported a significant net loss of $497.9 million for fiscal year 2025, driven by non-cash impairments and challenging market conditions in its pulp and manufactured products segments.
Worse than expected
NASDAQ
Mercer International Inc. announces improved financial results for 2024, driven by higher pulp and lumber prices and strategic debt refinancing.
Better than expected
NASDAQ
Mercer International Inc. faced a challenging year in 2023, marked by lower pulp and lumber prices, increased fiber costs, and a net loss, despite growth in its mass timber business.
Worse than expected
Capital raise

Insider Trading (Form 4)

NASDAQ
Peter R. Kellogg reports a significant indirect acquisition of 510,000 shares of Mercer International Inc. common stock.
NASDAQ
Peter R. Kellogg reports significant acquisitions of Mercer International Inc. common stock throughout early June 2026.
NASDAQ
Wolfram Ridder, Senior VP of Innovation & Gov. at Mercer International, was granted 18,665 restricted stock units.
NASDAQ
Wolfgang Beck, Senior VP of Global Wood Sourcing at Mercer International, was granted 12,967 restricted stock units.
NASDAQ
CFO and Secretary Richard George Short was granted 31,504 restricted stock units by Mercer International Inc.
NASDAQ
Guy Arguin, Chief Human Resources Officer at Mercer International, was granted 13,612 restricted stock units vesting in 2029.

Proxy Statements (Def-14A)

NASDAQ
Mercer International Inc. will hold its annual shareholder meeting on May 31, 2023, to vote on director elections, executive compensation, auditor ratification, and the frequency of future executive compensation votes.
NASDAQ
Mercer International Inc. is asking shareholders to approve an amendment to its 2022 Stock Incentive Plan to increase the number of shares available for issuance.
Better than expected
NASDAQ
Mercer International Inc. will hold its annual shareholder meeting on May 31, 2023, to vote on director elections, executive compensation, auditor ratification, and the frequency of future executive compensation votes.
NASDAQ
Mercer International Inc. will hold its 2024 Annual Meeting of Shareholders on May 31, 2024, to elect directors, approve executive compensation, and ratify the selection of PricewaterhouseCoopers LLP as its independent accounting firm.
Worse than expected

Schedule 13D - Activist Investments

NASDAQ
An amendment to a Schedule 13D filing reveals changes in beneficial ownership and reporting persons for Mercer International Inc., with the Kellogg group consolidating control.
NASDAQ
Peter R. Kellogg's investment entities acquired an additional 1 million shares of Mercer International Inc. between May 12-19, 2026, increasing his beneficial ownership to 37.9% of the outstanding common stock.
NASDAQ
Peter R. Kellogg increased his beneficial ownership in Mercer International Inc. to 36.5% through recent stock purchases.
Better than expected
NASDAQ
Peter R. Kellogg and affiliated entities have increased their beneficial ownership in Mercer International Inc. to 35.1% through recent share purchases.

Schedule 13G - Passive Investments

NASDAQ
Barclays PLC has filed a Schedule 13G reporting a 5.75% beneficial ownership stake in Mercer International Inc.
NASDAQ
Redwood Capital Management LLC and its affiliates have filed an amended Schedule 13G, reporting a 6.9% beneficial ownership stake in Mercer International Inc.
NASDAQ
Boundary Creek Advisors LP and Peter Greatrex report 0% beneficial ownership in Mercer International Inc. common stock.
Worse than expected
NASDAQ
Redwood Capital Management and its affiliates have disclosed a passive 5.0% ownership stake in Mercer International Inc., holding 3,368,840 shares.
NASDAQ
Boundary Creek Advisors LP and Peter Greatrex have jointly reported a 6.0% beneficial ownership stake in Mercer International Inc.'s common stock, held for passive investment purposes.
NASDAQ
Dimensional Fund Advisors LP has filed an Amendment No. 9 to its Schedule 13G, reporting a 4.8% beneficial ownership stake in Mercer International Inc. as of March 31, 2025.