West Fraser Timber Co. Ltd.

WFG

CA9528451052

Forest & Wood Products

Delayed Toronto S.E. Other stock markets 03:51:51 2024-04-29 pm EDT			5-day change	1st Jan Change
104.7 ^CAD	-2.60%		-2.65%	-7.76%

Apr. 24	Transcript : West Fraser Timber Co. Ltd. - Shareholder/Analyst Call
Apr. 24	Transcript : West Fraser Timber Co. Ltd., Q1 2024 Earnings Call, Apr 24, 2024

West Fraser Timber Co. Ltd. Announces to Permanently Close Its Sawmill in Fraser Lake, British Columbia

January 22, 2024 at 05:31 pm EST

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.

Latest news about West Fraser Timber Co. Ltd.

Transcript : West Fraser Timber Co. Ltd. - Shareholder/Analyst Call	Apr. 24
Transcript : West Fraser Timber Co. Ltd., Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
West Fraser Swings Back to a Q1 Profit on Higher Sales	Apr. 23	MT
West Fraser Timber Q1 Swings to Earnings With Sales Unchanged	Apr. 23	MT
West Fraser Timber Co. Ltd. Reports Earnings Results for the First Quarter Ended March 29, 2024	Apr. 23	CI
Tranche Update on West Fraser Timber Co. Ltd.'s Equity Buyback Plan announced on February 27, 2024.	Apr. 23	CI
West Fraser Announced Completion On Sale of its Quesnel River Pulp Mill, and its Slave Lake Pulp Mill	Apr. 22	MT
West Fraser Timber Completes Sale of Two Mills	Apr. 22	MT
Millar Western Forest Products Ltd. completed the acquisition of Two Pulp Mills in Western Canada from West Fraser Timber Co. Ltd..	Apr. 21	CI
RBC Capital Markets Outlines Insights for Canadian Materials Sector	Apr. 19	MT
West Fraser Timber Agrees to Acquire Mercer International's Stake in Cariboo Pulp and Paper	Apr. 02	MT
West Fraser Timber Takes Sole Control of Cariboo Pulp and Paper as Mercer Withdraws from Joint Venture	Apr. 02	MT
West Fraser Timber Co. Ltd. entered into an agreement to acquire the remaining 50% stake in Cariboo Pulp and Paper Company Limited from Mercer Peace River Pulp Ltd.	Apr. 01	CI
Moody's Changes Outlook on West Fraser Timber to Positive	Mar. 27	MT
RBC on Wood Products Market	Mar. 08	MT
Tranche Update on West Fraser Timber Co. Ltd.'s Equity Buyback Plan announced on February 22, 2023.	Feb. 27	CI
West Fraser Timber Co. Ltd. announces an Equity Buyback for 3,971,380 shares, representing 5% of its issued share capital.	Feb. 27	CI
West Fraser Timber Co. Ltd. authorizes a Buyback Plan.	Feb. 26	CI
West Fraser Timber Co. Ltd.'s Equity Buyback announced on February 22, 2023, has expired with 1,907,510 shares, representing 2.28% for $134.65 million.	Feb. 25	CI
Transcript : West Fraser Timber Co. Ltd., Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
West Fraser Timber Posts Q4 Loss; Keeps Dividend Steady	Feb. 14	MT
Tranche Update on West Fraser Timber Co. Ltd.'s Equity Buyback Plan announced on February 22, 2023.	Feb. 14	CI
West Fraser Timber Co. Ltd. Declares Dividend, Payable on April 4, 2024	Feb. 14	CI
West Fraser Timber Co. Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 14	CI
North American Morning Briefing :Stock Futures -2-	Feb. 14	DJ

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Company Profile

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.

Sector

Forest & Wood Products

Calendar

2024-07-23 - Q2 2024 Earnings Release (Projected)

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