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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

Post by lifeisgood1010on Mar 30, 2021 11:21am
216 Views
Post# 32905857

2 billion in shelf prospectus

2 billion in shelf prospectusWhile many company issue shelf prospectus without using it.If a company do so, it's to give them the flexibility to act when needed.

Money is comming in fast in furious in the bank accountof WFG, still they are preparing for what?

I think that these guys at West Fraser are brillant by taking their time to buy back their own shares.

When you see your number one shareholder reducing it's position, why would you do him a favor
by being agressive in your buyback.

If you are a long term investors as i am, the recent buyback equal to 98 cents / share of dividend over the past month alone.

Dosperos would be able to answer this question more than i but i wonder what is next target of WFG.They are not issuing this 2 billion for the fun of it.

Also, if they buy a Canadian company like IFP, i wonder how much of the CDN assets they would have to sell to please the authority.

My guess is as good as anybody but i would bet that when they report Q1, they will increase the dividend.Maybe not subtantially because i beleive they probably have plan to grow the company(As per their comments on the CC)

In any event, i am please to be a WFG shareholder and have the patience to see this story play out to it's fullest.
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