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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is an integrated softwood forest products company. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing and wholesaling purchased lumber. Its product categories include Outdoor Living, Exterior Appearance, Interior Living, LIFESTYLE CEDAR, WFP Engineered Products and others. The Outdoor Living products include decking, timbers, outdoor structures and fencing products. The Exterior Appearance products include siding, trim and fascia, soffits, and door and window products. The LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. The Interior Living products include interior paneling, interior moldings, architectural millwork, and stair components. The WFP Engineered Products include Curved and Arched Glulam, Straight Glulam, Fabricated Trusses, Calvert GL3000 and Other Glulam Products.


TSX:WEF - Post by User

Comment by jonvw92on Jun 13, 2021 5:44pm
197 Views
Post# 33379750

RE:RE:Resolute Forest & Interfor announce Spec Div

RE:RE:Resolute Forest & Interfor announce Spec DivWEF has been returning capital via the NCIB.  In April they repurchased 2,537,448 shares and in May an additional 2,833,320 totalling 5,370,068 (~$11,000,000).  They have been purchasing the daily max of 268,000 at current price levels.  They will be able to complete the max repurchase by early July if they continue purchasing the daily max and start on the NCIB right after.  I doubt we will see any dividend increase this quarter, but wouldn't mind being wrong!  I would honestly like to see a substantial issuer bid and attempt to buy back 25-35 million shares at once.  Get rid of some weak holders.  Still alot of uncertainty with protests, tariffs and government.
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