TSX:CFPForestry
Does Canfor's (TSX:CFP) New 5% Buyback Clarify Its Long‑Term Capital Allocation Priorities?
On March 19, 2026, Canfor Corporation announced that its Board of Directors had authorized a normal course issuer bid to repurchase up to 5,821,442 common shares, or 5% of its 116,428,846 shares outstanding as of March 16, 2026, for cancellation, following the expiry of its previous plan on March 20, 2026.
This renewed buyback capacity highlights Canfor’s decision to actively manage its capital structure by reducing the public float and concentrating ownership among remaining...