Inactive Instrument

CatchMark Timber Trust A

Equities

CTT

US14912Y2028

CatchMark Timber Trust, Inc. entered into a purchase and sale agreement to acquire 1,300 acres of prime timberlands located in southeast Alabama.

May 04, 2022

CatchMark Timber Trust, Inc. (NYSE:CTT) entered into a purchase and sale agreement to acquire 1,300 acres of prime timberlands located in southeast Alabama after the quarter ending March 31, 2022. In a related transaction, CatchMark entered into separate purchase and sale agreement to acquire high-quality timberlands in South Carolina. The combined value of consideration for both the transactions is approximately $5 million.

The acquisitions will be funded with cash on-hand and are expected to close by early third quarter. The transactions fit the company's acquisition target objectives with long-term portfolio accretive attributes.

Latest news about CatchMark Timber Trust A

CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from S&P TMI Index	22-09-15	CI
CatchMark Timber Trust, Inc.(NYSE:CTT) dropped from S&P Global BMI Index	22-09-15	CI
PotlatchDeltic Completes Merger of CatchMark	22-09-14	MT
PotlatchDeltic Corporation completed the acquisition of CatchMark Timber Trust, Inc. from a group of shareholders.	22-09-13	CI
CatchMark Timber Trust Secures Stockholder Approval for PotlatchDeltic Merger	22-09-13	MT
Tranche Update on CatchMark Timber Trust, Inc.'s Equity Buyback Plan announced on August 7, 2015.	22-08-04	CI
CatchMark Timber Trust, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-04	CI
RBC Boosts Price Target on CatchMark Timber Trust to $11 From $8, Maintains Sector Perform Rating	22-07-18	MT
CatchMark Timber Trust, Inc. completed the acquisition of 1,300 acres of prime timberlands located in southeast Alabama for $2.2 million.	22-06-23	CI
Baird Downgrades CatchMark Timber Trust to Neutral From Outperform, Adjusts Price Target to $12 From $10	22-06-02	MT
Moody's Says Potlatch's All Stock Merger With CatchMark Is Credit Positive	22-06-01	MT
B. Riley Raises CatchMark Timber Trust's Price Target to $12.25 from $9 on Announced Stock-for-Stock Merger with PotlatchDeltic, Keeps Neutral Rating	22-06-01	MT
Stifel Downgrades CatchMark Timber Trust to Hold From Buy, Adjusts Price Target to $12 From $10	22-06-01	MT
Raymond James Upgrades CatchMark Timber Trust to Market Perform From Underperform	22-06-01	MT
PotlatchDeltic to Boost US South Timberland Holdings in All-Stock Acquisition of CatchMark	22-05-31	MT
Wall Street Set to Open Lower Ahead of Biden Meeting With Fed Chief	22-05-31	MT
US Futures Move Lower	22-05-31	MT
Top Premarket Gainers	22-05-31	MT
PotlatchDeltic Agrees to Merge With CatchMark Timber Trust	22-05-31	MT
PotlatchDeltic Corporation entered into a definitive agreement to acquire CatchMark Timber Trust, Inc. for approximately $630 million.	22-05-30	CI
Transcript : CatchMark Timber Trust, Inc., Q1 2022 Earnings Call, May 06, 2022	22-05-06
Earnings Flash (CTT) CATCHMARK TIMBER TRUST Posts Q1 Revenue $469,000	22-05-05	MT
Tranche Update on CatchMark Timber Trust, Inc.'s Equity Buyback Plan announced on August 7, 2015.	22-05-05	CI
CatchMark Timber Trust, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-05	CI
CatchMark Timber Trust, Inc. Declares Dividend, Payable on June 15, 2022	22-05-05	CI

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Company Profile

CatchMark Timber Trust, Inc. (CatchMark Timber Trust) owns and operates timberlands located in the United States. CatchMark Timber Trust acquires, owns, operates, manages, and disposes of timberland properties directly, through wholly owned subsidiaries, or through joint ventures. CatchMark Timber Trust conducts substantially all of its business through CatchMark Timber Operating Partnership, L.P. (CatchMark Timber OP). Its segments include Harvest, Real Estate and Investment Management. The Harvest segment includes wholly owned timber assets and associated timber sales. The Real Estate segment includes timberland sales, cost of timberland sales and large dispositions. The Investment Management segment includes investments in and income from joint ventures. CatchMark Timber Trust owns interests in approximately 369,700 acres of industrial timberlands located in the United States South, consisting of approximately 14.6 million tons of merchantable timber inventory.

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