West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s): WFG

Forest Products Lumber & Wood Production

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.

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Comment by Frost19on May 28, 2021 1:41pm

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Post# 33287115

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD Upgrade

I mean like how does it work when a company is priced at $100 and lets say has 100m shares outstanding, 10b market cap. For easy numbers lets say the company re-purchases 1m shares over a 1 month period and then at the end of the month deletes the shares.

The next business day does the share price open at $101 to keep the same 10b market cap with 99m shares?

I assume this is how it works, opposite to ex div days?

Or does the share price not move and market cap decrease to 9.9b (99m x 100)?

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