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Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

Forest Products Lumber & Wood Production
Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber segment and pulp and paper segment. The Company’s solid wood products include dimension lumber, specialty lumber and engineered wood products. The dimension lumber products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL) and Canfor Red. The specialty lumber products include Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears and Access Mat Lumber. Its Pulp products include Bleached Softwood Kraft Pulp and Unbleached Softwood Kraft Pulp. Its paper products include Bleached Kraft, Coloured Kraft and Unbleached Kraft. It also has bioenergy products. It also produces green energy in its lumber and pulp facilities across North America. The Western Canadian operations produce superior SPF lumber from sustainably managed forestlands. It is used for construction projects in North America and around the globe.


TSX:CFP - Post by User

Canfor Corp
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Post by Betteryear2on Mar 19, 2024 9:50pm
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Post# 35942035

Canfor Announces Renewal of Normal Course Issuer Bid

Canfor Announces Renewal of Normal Course Issuer BidVANCOUVER, BC, March 19, 2024 /CNW/ - Canfor Corporation (TSX: CFP) ("Canfor" or the "Company") announced today that it has received regulatory approval to renew a normal course issuer bid that will expire in March, 2024. Under the new bid, the Company may purchase for cancellation up to 5,942,508 common shares of the Company (the "Shares") or approximately 5% of the 118,850,179 Shares outstanding as of March ‎15, 2024, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange (the "TSX"). The Company repurchased a total of ‎1,905,100 Shares for cancellation from March 21, 2023 to and ‎including March ‎15, 2024 under its prior bid, at a volume weighted average price of $‎18.9449 per ‎Share, through the facilities of the TSX. Under its prior ‎bid, the Company sought and was approved to purchase 6,052,978 Shares‎.  

Canfor Announces Renewal of Normal Course Issuer Bid (newswire.ca)
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