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Acadian Timber Corp T.ADN

Alternate Symbol(s):  ACAZF

Forest Products Lumber & Wood Production
Acadian Timber Corp. is a Canada-based timberland provider in the Eastern Canada and the Northeastern United States. The Company owns and manages approximately 777,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands or NB Timberlands), approximately 300,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides timber services, which include approximately 1.3 million acres of Crown licensed timberlands in New Brunswick. The Company operates through three segments: NB Timberlands, Maine Timberlands and Corporate. Its products include softwood and hardwood sawlogs, pulpwood, and biomass by-products. It sells its products to approximately 90 regional customers. The Company also develops carbon credits for sale in voluntary carbon credit markets. The Company has approximately 2.4 million acres of land under management.


TSX:ADN - Post by User

Acadian Timber Corp
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Post by BoredDeveloperon Mar 02, 2017 6:06pm
279 Views
Post# 25923083

Share buyback!

Share buyback!
In the news just now, they're buying back 10% of their shares.

"March 2 (Reuters) - Acadian Timber Corp:

* Acadian Timber announces normal course issuer bid

* Acadian Timber - permitted to acquire up to 915,965 common shares, being 10% of company's public float, in 12-month period commencing March 7, 2017

* Acadian Timber Corp - will fund purchases through available cash Source text for Eikon: Further company coverage:"

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