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West Fraser Announces Renewal of Normal Course Issuer Bid
West Fraser will repurchase up to 3.8 million shares, about 5% of outstanding shares, to return capital to shareholders and mitigate undervaluation risks.
- The Toronto Stock Exchange accepted West Fraser Timber Co. Ltd.'s notice to renew the NCIB, which will terminate on March 23, 2027 or earlier.
- The company officials framed the renewal as a way to return capital to shareholders and enable repurchases when the prior NCIB expired in March 2026.
- West Fraser plans to purchase shares through the TSX, NYSE, and ATS, with daily limits and an automatic purchase plan to buy during blackout periods.
- West Fraser will determine the timing and amount of purchases under the share repurchase programme, with all repurchased shares cancelled and no assurance plans will be realized.
- Forward-Looking language warns that the Company reserves the right to terminate the NCIB earlier and cautions that actual results may differ from forward-looking statements.
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VANCOUVER, BC, March 19, 2026 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that the Toronto Stock Exchange ("TSX") has accepted West Fraser's notice to renew its normal course issuer…
Coverage Details
Total News Sources44
Leaning Left14Leaning Right5Center11Last UpdatedBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 37%
R 16%
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