West Fraser Timber Co. Ltd. (TSX:WFG) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 3,868,177 common shares, representing 5% of its issued share capital.
The shares purchased by the company will be cancelled. The purpose of the bid is to enable the Company to return capital to shareholders by way of repurchases of Shares, including when the Company believes its Shares are undervalued or represent an attractive investment opportunity. The bid will terminate on March 2, 2026.
As of February 18, 2025, the company has 77,363,551 Shares issued and outstanding.
