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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Comment by SleepingGiant64on Apr 09, 2022 1:39pm
109 Views
Post# 34590855

RE:Amazing purchases under the NCIB

RE:Amazing purchases under the NCIB
That is remarkable. I'm actually showing 3.16m shares, so even better. 5% of the float in a month. Those are some crazy numbers. I don't remember a company buying 5% in a month on the open market.

If lumber can stabilize here around $900, this company is going to make so much money. $7 in Q1 and $4 in Q2 at these prices. That's 40% of the market cap in six months.

Gotta love the signal from management buying this aggressively too.
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