Duyuru • Apr 04
West Fraser Timber Co. Ltd. to Report Q1, 2025 Results on Apr 22, 2025 West Fraser Timber Co. Ltd. announced that they will report Q1, 2025 results on Apr 22, 2025 Duyuru • Feb 13
West Fraser Timber Co. Ltd. Declares Quarterly Dividend on Common Shares, Payable on April 3, 2025 The Board of Directors of West Fraser Timber Co. Ltd. has declared a dividend of $0.32 per share on the Common shares and the Class B Common shares in the capital of the Company, payable on April 3, 2025 to shareholders of record on March 14, 2025. Duyuru • Feb 05
West Fraser Timber Co. Ltd., Annual General Meeting, Apr 23, 2025 West Fraser Timber Co. Ltd., Annual General Meeting, Apr 23, 2025. Location: british columbia, quesnel Canada Duyuru • Jan 24
West Fraser Timber Co. Ltd. to Report Q4, 2024 Results on Feb 12, 2025 West Fraser Timber Co. Ltd. announced that they will report Q4, 2024 results on Feb 12, 2025 Duyuru • Dec 12
West Fraser Timber Co. Ltd. Declares Quarterly Dividend on Common Shares, Payable on January 14, 2025 West Fraser Timber Co. Ltd. has declared a quarterly dividend of USD 0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 14, 2025 to shareholders of record on December 27, 2024. Duyuru • Oct 04
West Fraser Timber Co. Ltd. to Report Q3, 2024 Results on Oct 23, 2024 West Fraser Timber Co. Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Duyuru • Sep 11
West Fraser Timber Co. Ltd. Declares Quarterly Dividend, Payable on October 11, 2024 West Fraser Timber Co. Ltd. has declared a quarterly dividend of USD 0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on October 11, 2024 to shareholders of record on September 26, 2024. Duyuru • Jun 28
West Fraser Timber Co. Ltd. to Report Q2, 2024 Results on Jul 24, 2024 West Fraser Timber Co. Ltd. announced that they will report Q2, 2024 results on Jul 24, 2024 Duyuru • Jun 14
West Fraser Timber Co. Ltd. Declares Quarterly Dividend, Payable on July 12, 2024 West Fraser Timber Co. Ltd. has declared a quarterly dividend of USD 0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 12, 2024 to shareholders of record on June 26, 2024. The quarterly dividend has been increased from the prior USD 0.30 per share in light of the share count reduction resulting from execution of recent normal course issuer bids. Duyuru • Apr 23
Millar Western Forest Products Ltd. completed the acquisition of Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd. (TSX:WFG). Millar Western Forest Products Ltd. entered into an agreement to acquire Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd. (TSX:WFG) for $120 million on September 22, 2023. The mills include Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. The agreement announced today includes related woodlands operations and timber holdings in Alberta and a long-term fibre supply agreement for the Quesnel River Pulp facility. Upon closing of the transaction, the Quesnel River and Slave Lake pulp mills will be operated by Millar Western Forest Products. The transaction is anticipated to close following successful completion of customary regulatory reviews and satisfaction of customary closing conditions. TD Securities Inc. is acting as exclusive financial advisor and McMillan LLP is acting as legal advisor to West Fraser. Davies Ward Phillips & Vineberg LLP is acting as legal advisor to Atlas.Millar Western Forest Products Ltd. completed the acquisition of Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd. (TSX:WFG) on April 22, 2024. Duyuru • Apr 04
West Fraser Timber Co. Ltd. to Report Q1, 2024 Results on Apr 23, 2024 West Fraser Timber Co. Ltd. announced that they will report Q1, 2024 results on Apr 23, 2024 Duyuru • Apr 03
West Fraser Timber Co. Ltd. (TSX:WFG) entered into an agreement to acquire 50% stake in Cariboo Pulp and Paper Company Limited from Mercer Peace River Pulp Ltd. West Fraser Timber Co. Ltd. (TSX:WFG) entered into an agreement to acquire 50% stake in Cariboo Pulp and Paper Company Limited from Mercer Peace River Pulp Ltd. on April 2, 2024. Prior to the transaction, West Fraser Timber Co. Ltd. (TSX:WFG) held 50%. West Fraser will continue as the sole owner/operator of the mill. Duyuru • Feb 16
West Fraser Timber Co. Ltd. Declares Dividend, Payable on April 4, 2024 The Board of Directors of West Fraser Timber Co. Ltd. has declared a dividend of $0.30 per share on the Common shares and the Class B Common shares in the capital of the Company, payable on April 4, 2024 to shareholders of record on March 15, 2024. Duyuru • Feb 06
Mondi plc (LSE:MNDI) completed the acquisition of Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) for $5 million. Mondi plc (LSE:MNDI) agreed to acquire Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) for $5 million on July 10, 2023. As part of the transaction, Mondi will enter into a long-term partnership with West Fraser to access local, high-quality fibre from a well-established wood basket. The acquisition is subject to customary regulatory clearance and is expected to close towards the end of 2023. TD Securities Inc. is acting as exclusive financial advisor and McMillan LLP is acting as legal advisor to West Fraser. Davies Ward Phillips & Vineberg LLP acted as legal advisor to Hinton Pulp.
Mondi plc (LSE:MNDI) completed the acquisition of Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) on February 5, 2024. Duyuru • Feb 03
West Fraser Timber Co. Ltd., Annual General Meeting, Apr 24, 2024 West Fraser Timber Co. Ltd., Annual General Meeting, Apr 24, 2024. Duyuru • Jan 26
West Fraser Timber Co. Ltd. to Report Q4, 2023 Results on Feb 14, 2024 West Fraser Timber Co. Ltd. announced that they will report Q4, 2023 results on Feb 14, 2024 Duyuru • Jan 23
West Fraser Timber Co. Ltd. Announces to Permanently Close Its Sawmill in Fraser Lake, British Columbia West Fraser Timber Co. Ltd. announced that it will permanently close its sawmill in Fraser Lake, British Columbia, following an orderly wind-down. Today’s decision is the result of West Fraser’s inability to access economically viable fibre in the region. The closure of Fraser Lake Sawmill will impact approximately 175 employees. West Fraser expects to mitigate the impact on affected employees by providing work opportunities at other West Fraser operations. The mill closure will reduce West Fraser’s Canadian lumber capacity by approximately 160 million board feet. West Fraser anticipates recording restructuring and impairment charges of approximately $81 million in the fourth quarter of 2023 related to facility closures and curtailments due to availability of economic fibre sources in British Columbia. Duyuru • Jan 10
West Fraser Timber Co. Ltd. Announces Closure of Maxville Sawmill and Indefinite Curtailment of Huttig Sawmill West Fraser Timber Co. Ltd. announced that it will close its sawmill in Maxville, Florida and indefinitely curtail operations at its sawmill in Huttig, Arkansas by the end of this month. This decision is the result of high fiber costs and soft lumber markets. The closure of Maxville Sawmill will impact approximately 80 employees, while the indefinite curtailment of Huttig will impact 140 employees. In aggregate this will reduce West Fraser's U.S. lumber capacity by approximately 270 million board feet. West Fraser expects to mitigate the impact on affected employees by providing work opportunities at other company operations. High fiber costs at Maxville and the current low-price commodity environment have impaired the ability of both mills to profitably operate. The closure of Maxville and the indefinite curtailment of the Huttig sawmill better aligns its U.S. lumber capacity with demand. West Fraser anticipates taking restructuring and impairment charges of approximately $50 million in the fourth quarter of 2023 associated with this announcement. Duyuru • Nov 19
West Fraser Timber Co. Ltd. (TSX:WFG) completed the acquisition of Spray Lake Sawmills (1980) Ltd from family. West Fraser Timber Co. Ltd. (TSX:WFG) entered into an agreement to acquire Spray Lake Sawmills (1980) Ltd from family for CAD 140 million on September 6, 2023. The transaction is anticipated to close later this year following completion of certain post-closing adjustments, Canadian regulatory reviews and satisfaction of customary conditions.West Fraser Timber Co. Ltd. (TSX:WFG) completed the acquisition of Spray Lake Sawmills (1980) Ltd from family on November 17, 2023. As of November 17, 2023, Canadian regulatory reviews were completed. Duyuru • Oct 06
West Fraser Timber Co. Ltd. to Report Q3, 2023 Results on Oct 25, 2023 West Fraser Timber Co. Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Duyuru • Sep 23
Millar Western Forest Products Ltd. entered into an agreement to acquire Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd. (TSX:WFG) for $120 million. Millar Western Forest Products Ltd. entered into an agreement to acquire Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd. (TSX:WFG) for $120 million on September 22, 2023. The mills include Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. The agreement announced today includes related woodlands operations and timber holdings in Alberta and a long-term fibre supply agreement for the Quesnel River Pulp facility. Upon closing of the transaction, the Quesnel River and Slave Lake pulp mills will be operated by Millar Western Forest Products. The transaction is anticipated to close following successful completion of customary regulatory reviews and satisfaction of customary closing conditions. TD Securities Inc. is acting as exclusive financial advisor and McMillan LLP is acting as legal advisor to West Fraser. Davies Ward Phillips & Vineberg LLP is acting as legal advisor to Atlas. Duyuru • Sep 13
West Fraser Timber Co. Ltd. Declares Quarterly Dividend on the Common Shares and Class B Common Shares, Payable on October 13, 2023 West Fraser Timber Co. Ltd. has declared a quarterly dividend of $0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on October 13, 2023 to shareholders of record on September 27, 2023. Duyuru • Sep 08
West Fraser Timber Co. Ltd. (TSX:WFG) entered into an agreement to acquire Spray Lake Sawmills (1980) Ltd from family for CAD 140 million. West Fraser Timber Co. Ltd. (TSX:WFG) entered into an agreement to acquire Spray Lake Sawmills (1980) Ltd from family for CAD 140 million on September 6, 2023. The transaction is anticipated to close later this yearfollowing completion of certain post-closing adjustments, Canadian regulatory reviews and satisfaction of customary conditions. Duyuru • Jul 12
West Fraser Timber Co. Ltd. to Report Q2, 2023 Results on Jul 26, 2023 West Fraser Timber Co. Ltd. announced that they will report Q2, 2023 results on Jul 26, 2023 Duyuru • Jul 11
Mondi plc (LSE:MNDI) agreed to acquire Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) for $5 million. Mondi plc (LSE:MNDI) agreed to acquire Hinton Pulp a Division of West Fraser Timber Co. Ltd. (TSX:WFG) for $5 million on July 10, 2023. As part of the transaction, Mondi will enter into a long-term partnership with West Fraser to access local, high-quality fibre from a well-established wood basket. The acquisition is subject to customary regulatory clearance and is expected to close towards the end of 2023. TD Securities Inc. is acting as exclusive financial advisor and McMillan LLP is acting as legal advisor to West Fraser. Duyuru • Jun 08
West Fraser Timber Co. Ltd. Declares Quarterly Dividend on Common Shares and Class B Common Shares, Payable on July 7, 2023 West Fraser Timber Co. Ltd. has declared a quarterly dividend of USD 0.30 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 7, 2023 to shareholders of record on June 21, 2023. Duyuru • May 24
West Fraser Timber Co. Ltd. Appoints Eric L. Butler to Its Board of Directors West Fraser Timber Co. Ltd. announced the appointment of Eric L. Butler to its board of directors. Eric Butler is an accomplished executive and leader. Following his retirement from a 32-year career with Union Pacific, one of the largest freight rail providers in North America, he is a corporate director and President and CEO of Aswani-Butler Investment Associates, a private equity firm. Currently, he is a member of the Board of Directors of NiSource Inc., and the Eastman Chemicals Company and has served in the past in a number of appointments, including as the former Chair of the Board of the Federal Reserve Bank of Kansas City – Omaha Branch. Eric Butler retired from Union Pacific in 2017 as Executive Vice President and Chief Administrative Officer, after a career which saw him lead a wide variety of company functions and initiatives, including marketing and sales, purchasing and supply chain, financial planning and analysis, strategic planning, human resources, industrial engineering and transportation. Having studied at the Carnegie Mellon University, Eric Butler holds both a Bachelor of Science degree in Mechanical Engineering and a Master of Science degree in Industrial Administration from the university. Duyuru • Feb 15
West Fraser Timber Co. Ltd. Declares Dividend on Common Shares and the Class B Common Shares, Payable on April 4, 2023 The Board of Directors of West Fraser Timber Co. Ltd. has declared a dividend of $0.30 per share on the Common shares and the Class B Common shares in the capital of the Company, payable on April 4, 2023 to shareholders of record on March 17, 2023. Duyuru • Jan 25
West Fraser Timber Co. Ltd. to Report Q4, 2022 Results on Feb 14, 2023 West Fraser Timber Co. Ltd. announced that they will report Q4, 2022 results on Feb 14, 2023 Duyuru • Jan 12
West Fraser Timber Co. Ltd. Announces Indefinite Curtailment of Perry Sawmill West Fraser Timber Co. Ltd. announced that it will indefinitely curtail its Perry Sawmill in Florida later this month. Today’s decision is the result of high fiber costs and softening lumber markets. The indefinite curtailment of Perry Sawmill will impact approximately 126 employees and will reduce West Fraser’s US lumber production by 100 million board feet. West Fraser expects to mitigate the impact on effected employees by providing work opportunities at other West Fraser operations. High fiber costs at Perry and a low-price commodity environment have impaired its ability to profitably operate. The indefinite curtailment of Perry Sawmill better aligns production capacity with demand. West Fraser anticipates taking an impairment charge in the fourth quarter of 2022 associated with the indefinite curtailment. Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$7.66 (vs US$12.33 in 2Q 2021) Second quarter 2022 results: EPS: US$7.66 (down from US$12.33 in 2Q 2021). Revenue: US$2.89b (down 24% from 2Q 2021). Net income: US$762.0m (down 49% from 2Q 2021). Profit margin: 26% (down from 39% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 13% compared to a 15% growth forecast for the industry in Mexico. Recent Insider Transactions • Jun 19
Senior Vice-President of Wood Products recently bought Mex$4.2m worth of stock On the 17th of June, Kevin Burke bought around 3k shares on-market at roughly Mex$1,617 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold Mex$34m more in shares than they bought in the last 12 months.