Correspondingly, with the recent decommissioning of our longest-running CRB machine, we have removed approximately 480,000 tons of higher-cost, less-efficient production capacity since beginning the project in 2019. Our multi-year CRB system transformation continues with the 550,000-ton K2 recycled paperboard machine fully ramped and operating at or above committed efficiency and quality levels. Michael Doss, the Company's President and CEO said, "We made further progress toward achieving Vision 2025 goals in the quarter, operating the business at sustained, higher margin levels supported by our innovation engine and focus on consumer packaging. This compares to third quarter 2022 Adjusted Net Income of $207 million, or $0.67 per diluted share. When adjusting for special charges and amortization of purchased intangibles, Adjusted Net Income for the third quarter of 2023 was $229 million, or $0.74 per diluted share. The third quarters of 20 were impacted by a net negative $42 million and a net positive $3 million of special charges, respectively. This compares to third quarter 2022 Net Income of $193 million, or $0.62 per share, based upon 309.6 million weighted average diluted shares. Net Income for third quarter 2023 was $170 million, or $0.55 per share, based upon 309.2 million weighted average diluted shares.
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