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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 lifeisgood1010on Jun 09, 2021 7:49am
94 Views
Post# 33353725

RE:RE:RE:Increased Divi and NCIB

RE:RE:RE:Increased Divi and NCIB
Hi DivChain,

In fact, it's 10% of the float.It's stated in the press release.

"Shares of the Company representing in the aggregate 10% of the public float as at February 8, 2021."

As of May 31st,there were 4,721,728 shares shorted witch is 4.93% of float shorted.

Not a monstrous amount but still a fair amount that will help up once this correction is 
over.
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