Will CFP look to buy IFP? 04/12/2021 (MT Newswires) -- In a note today, RBC Capital writes that "as expected, Canadian forest product companies were actively repurchasing shares during the month of March, with West Fraser and Interfor standing out as the most aggressive." On the small cap side, both Conifex and Western Forest Products have started to return capital to shareholders through share repurchases.
At current spot lumber & OSB prices, RBC expects that wood product producers will continue to utilize share repurchases as an avenue to return capital to shareholders. Absent from the list is Canfor, which RBC expects will look to grow outside of BC.