West Fraser Timber Co Ltd WFG

Primary Symbol: T.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.

TSX:WFG - Post by User

West Fraser Timber Co Ltd > Share Repurchases

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Post by Apaulsonon Jan 03, 2024 8:38pm

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Post# 35809786

Share Repurchases

Hey, does anyone know why West Fraser and Canfor stopped buying back shares in December? According to SEDI records, WFG didn't make any repurchases in December and CFP stopped after the first week of December. They both were making repurchases and then stopped.

The previous year, in December of 2022, they kept repurchasing shares. West Fraser's share price was around $75 USD back then and Canfor's share price was even higher than it was today.

It's just odd that they stopped.

If anyone can shed any light on this, it would be greatly appreciated.

Thanks

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