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West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.


TSX:WFG - Post by User

Comment by Frost19on Apr 09, 2021 12:57pm
77 Views
Post# 32967323

RE:RE:RE:RE:RE:RE:Raymond James

RE:RE:RE:RE:RE:RE:Raymond James Hey Walleyewarrior,

Dad has also mentioned it a few times and I get what your points are. I want a higher regular div and special divs were always great to receive. Sharing the wealth with shareholders is always nice to see. Having said that I do believe eliminating Norbords debt was the right move to make right now.
Everyday that lumber/osb stay at all time highs is another day of printing money and building the mountain of cash. At some point (very soon) there will be 0 long-term debt left and then aggressive buybacks, special divs, higher reg div etc will all come into focus. There might be some M&A but I don't see it being "in the way" of the wealth sharing thats bound to come. 
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