International Paper 2015 Annual Report Download - page 30

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13
PERFORMANCE GRAPH
The performance graph shall not be deemed to be
“soliciting material” or to be “filed” with the Commission
or subject to Regulation 14A or 14C, or to the liabilities
of Section 18 of the Exchange Act of 1934, as amended.
The following graph compares a $100 investment in
Company stock on December 31, 2010 with a $100
investment in our Return on Invested Capital (ROIC)
Peer Group and the S&P 500 also made at market close
on December 31, 2010. The graph portrays total return,
2010–2015, assuming reinvestment of dividends.
Note 1: The companies included in the ROIC Peer Group are Domtar Inc., Fibria Celulose S.A., Klabin S.A., Metsa Board Corporation, Mondi
Group, Packaging Corporation of America, Smurfit Kappa Group, Stora Enso Group, and UPM-Kymmene Corp. MeadWestvaco Corp.
and Rock-Tenn Company are included in the ROIC Peer Group results through 2014.
Note 2: Returns are calculated in $USD.