West Fraser Timber Co Ltd Announces Normal Course Issuer Bid Renewal
West Fraser Timber Co Ltd has announced the renewal of its normal course issuer bid, allowing the company to purchase up to 5% of its outstanding shares.
Share Repurchase Program Details
- The share buyback program aims to return capital to shareholders by repurchasing shares when they are undervalued.
- The company will purchase shares through various trading systems.
Capital Expenditure Target
The company has set a capital expenditure target of $400M-$450M for 2025.
Program Commencement
The share buyback program is expected to commence on March 3, 2025.
Uncertainties Surrounding Tariffs
The company’s capital expenditure target for 2025 is set amidst uncertainties surrounding tariffs.