NYSE:WYSpecialized REITs
Weyerhaeuser (NYSE:WY) Declares US$1,000 Million Buyback and Quarterly Dividend
Weyerhaeuser (NYSE:WY) recently announced the completion of a $1 billion share repurchase program and declared a quarterly cash dividend of $0.21 per share, reflecting its commitment to enhancing shareholder value. Over the past month, the company's stock price rose 5%, supported by these shareholder-focused actions, which likely added positive weight to broader market movements. Despite reporting a drop in first-quarter earnings compared to the previous year, the robust buyback and dividend...