Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

Add To Watchlist

TSX:WEF - Post Discussion

Western Forest Products Inc > Another 4,018,608 shares canceled

View:

Post by Coopsvw92 on Sep 03, 2021 9:08pm

Another 4,018,608 shares canceled

https://m.canadianinsider.com/node/7?menu_tickersearch=WEF+%7C+Western+Forest+Products

219

Comment

Comment by ACarrothers on Sep 04, 2021 5:42am

4M shares cancelled or ~190K per trading day (21 trading days) in August. Average WEF volume was ~765K so NCIB was ~25% of the volume in August? August exit NCIB volume was 269K per day it looks like. I guess at that rate we cancel 269K * 21 trading says = 5.67M shares in September at that rate?

123

Comment

Comment by jonvw92 on Sep 04, 2021 10:03am

Aug 31/21 Issuer Western Forest Products Inc. Direct Ownership Buyback, redemption, or cancellation Common Shares 0.00 -4,018,608 -88.2% 538,774 Aug 31/21 Issuer Western Forest Products Inc. Direct Ownership Buyback, redemption, or cancellation Common Shares 2.15 ...more

152

Comment

Comment by JYBJYB on Sep 04, 2021 9:28pm

Nice grab on the info! I've been fairly consistently been checking the site but missed it. On the chart side of things it looks somewhat like we are completely a reverse H&S as well. Doesn't change my actions at all. I'm in full and just waiting.

147

Comment