RE:No Comments?Are you really serious asking where the cash is going?Capital exp. of over $600 million including 2 mills, 1 lumber, 1 OSB. $1.5 BILLION in share buybacks, yes 1.5 BILLION with a B. Oh did l mention the shareholder got a whopping $75 million of loose pocket change in dividends.(yield of less than 1%). Just an fyi... Incredible numbers from the panel (Norbord) division, just amazing! ...."VIVA La Norbord" and the old board that paid out dividends to the shareholders! Looks like lumber & OSB prices have stopped falling & rebounded big time here in 2022 and tons more of cash is on its way! I hope some shareholders raise some hell at the annual meeting but l doubt that will happen....GLTA & GFTB. . .
samsda wrote: Lots of cash - where is it going? Also noticed the increase in inventories .....shipping problems from the bc floods?