PR Newswire
VANCOUVER, BC, April 23, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 23, 2025 in Quesnel, B.C.
Voting Results for the Election of Directors
A total of 60,282,131 Common shares and Class B Common shares were voted at the meeting, representing 75.75% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:
VANCOUVER, BC, April 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced the voting results from its Annual General Meeting held on Wednesday, April 23, 2025 in Quesnel, B.C.
Voting Results for the Election of Directors
A total of 60,282,131 Common shares and Class B Common shares were voted at the meeting, representing 75.75% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:
VANCOUVER, BC, April 22, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the first quarter results of 2025 ("Q1-25"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
First Quarter Highlights
Sales of $1.459 billion and earnings of $42 million, or $0.46 per diluted shareAdjusted EBITDA1 of $195 million, representing 13% of salesLumber segment Adjusted EBITDA1 of $66 millionNorth America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $125 millionPulp & Paper segment Adjusted EBITDA1 of $7 millionEurope Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $(2) millionRepurchased 529,660 shares for aggregate consideration of $44 millionVANCOUVER, BC, April 22, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the first quarter results of 2025 ("Q1-25"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
First Quarter Highlights
Sales of $1.459 billion and earnings of $42 million, or $0.46 per diluted shareAdjusted EBITDA1 of $195 million, representing 13% of salesLumber segment Adjusted EBITDA1 of $66 millionNorth America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $125 millionPulp & Paper segment Adjusted EBITDA1 of $7 millionEurope Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $(2) millionRepurchased 529,660 shares for aggregate consideration of $44 millionVANCOUVER, B.C., April 3, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss first quarter 2025 financial and operating results on Wednesday, April 23, 2025 at 7:00 a.m. Pacific Time/10:00 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
VANCOUVER, B.C., April 3, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss first quarter 2025 financial and operating results on Wednesday, April 23, 2025 at 7:00 a.m. Pacific Time/10:00 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
VANCOUVER, BC, Feb. 27, 2025 /CNW/ - 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 bid ("NCIB"). Under the renewed NCIB, West Fraser will be entitled to purchase up to 3,868,177 Common shares ("Shares") of the Company, representing approximately 5% of the 77,363,551 Shares issued and outstanding as at February 18, 2025. The NCIB will commence on March 3, 2025. The purpose of the NCIB is to enable the Company to return capital to shareholders by way of repurchases of Shares, including when the Company believes its Shares are undervalued or represent an attractive investment opportunity. The Company believes that such repurchases are an appropriate use of the Company's available funds and in its best interests.
VANCOUVER, BC, Feb. 27, 2025 /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 bid ("NCIB"). Under the renewed NCIB, West Fraser will be entitled to purchase up to 3,868,177 Common shares ("Shares") of the Company, representing approximately 5% of the 77,363,551 Shares issued and outstanding as at February 18, 2025. The NCIB will commence on March 3, 2025. The purpose of the NCIB is to enable the Company to return capital to shareholders by way of repurchases of Shares, including when the Company believes its Shares are undervalued or represent an attractive investment opportunity. The Company believes that such repurchases are an appropriate use of the Company's available funds and in its best interests.
VANCOUVER, BC, Feb. 12, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it filed its 2024 annual report on Form 40-F with the SEC on EDGAR (www.sec.gov/edgar). The Form 40-F includes the Company's audited financial statements for the year ended December 31, 2024, annual management's discussion and analysis ("MD&A") and annual information form, each of which have been filed with Canadian securities authorities on SEDAR+ (www.sedarplus.ca). These documents are also available in the investors section of the Company's website at www.westfraser.com and a hard copy will be provided to shareholders free of charge upon request to shareholder@westfraser.com.
VANCOUVER, BC, Feb. 12, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it filed its 2024 annual report on Form 40-F with the SEC on EDGAR (www.sec.gov/edgar). The Form 40-F includes the Company's audited financial statements for the year ended December 31, 2024, annual management's discussion and analysis ("MD&A") and annual information form, each of which have been filed with Canadian securities authorities on SEDAR+ (www.sedarplus.ca). These documents are also available in the investors section of the Company's website at www.westfraser.com and a hard copy will be provided to shareholders free of charge upon request to shareholder@westfraser.com.
VANCOUVER, BC, Feb. 12, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the fourth quarter results of 2024 ("Q4-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
Fourth Quarter Highlights
Sales of $1.405 billion and loss of $62 million, or $(0.80) per diluted shareAdjusted EBITDA1 of $140 million, representing 10% of sales Lumber segment Adjusted EBITDA1 of $21 million North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $127 millionPulp & Paper segment Adjusted EBITDA1 of $(10) million Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $2 millionRepurchased 311,523 shares for aggregate consideration of $27 millionVANCOUVER, BC, Feb. 12, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the fourth quarter results of 2024 ("Q4-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
Fourth Quarter Highlights
Sales of $1.405 billion and loss of $62 million, or $(0.80) per diluted shareAdjusted EBITDA1 of $140 million, representing 10% of sales Lumber segment Adjusted EBITDA1 of $21 million North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $127 millionPulp & Paper segment Adjusted EBITDA1 of $(10) million Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $2 millionRepurchased 311,523 shares for aggregate consideration of $27 millionVANCOUVER, BC, Jan. 23, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss fourth quarter 2024 financial and operating results on Thursday, February 13, 2025 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
VANCOUVER, BC, Jan. 23, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss fourth quarter 2024 financial and operating results on Thursday, February 13, 2025 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
VANCOUVER, BC, Dec. 11, 2024 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$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.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
VANCOUVER, BC, Dec. 11, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$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.
Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends.
VANCOUVER, BC, Oct. 23, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
Third Quarter Highlights
Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EBITDA1 of $2 million Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $1 millionRepurchased 446,460 shares for aggregate consideration of $35 millionAnnounced indefinite curtailment of operations at lumber mill in Lake Butler, FloridaSubsequent to quarter-end, repaid principal and accrued interest on $300 million senior notes on maturity with cash on handVANCOUVER, BC, Oct. 23, 2024 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) reported today the third quarter results of 2024 ("Q3-24"). All dollar amounts in this news release are expressed in U.S. dollars unless noted otherwise.
Third Quarter Highlights
Sales of $1.437 billion and earnings of $(83) million, or $(1.03) per diluted share Adjusted EBITDA1 of $62 million, representing 4% of sales Lumber segment Adjusted EBITDA1 of $(62) million, including $32 million of export duty expense attributable to the finalization of AR5 North America Engineered Wood Products ("NA EWP") segment Adjusted EBITDA1 of $121 millionPulp & Paper segment Adjusted EBITDA1 of $2 million Europe Engineered Wood Products ("Europe EWP") segment Adjusted EBITDA1 of $1 millionRepurchased 446,460 shares for aggregate consideration of $35 millionAnnounced indefinite curtailment of operations at lumber mill in Lake Butler, FloridaSubsequent to quarter-end, repaid principal and accrued interest on $300 million senior notes on maturity with cash on handVANCOUVER, BC, Oct. 3, 2024 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss third quarter 2024 financial and operating results on Thursday, October 24, 2024 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.
To participate in the call, please dial: 1-888-510-2154 (Toll-free North America) or (437) 900-0527 (Toll number) or connect on the webcast.
Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Sean McLaren, President and Chief Executive Officer.
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