Canfor Corporation announces an Equity Buyback for 6,052,978 shares, representing 5% of its issued share capital.

Canfor Corporation (TSX:CFP) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 6,052,978 common shares, representing 5% of the outstanding share capital. The repurchased shares will be held by the company for cancellation.

The bid is valid till March ?20, 2024, unless completed or terminated earlier. As of March 14, 2023, the company had 121,059,579 common shares outstanding.