VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — The Board of Directors of West Fraser (TSX: WFT) has declared a quarterly dividend of $0.07 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 12, 2015 to shareholders of record on December 22, 2014.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 dividen
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/27/14 — West Fraser Timber Co. Ltd. (TSX: WFT) today reported earnings of $70 million or $0.83 per share on sales of $1,030 million in the third quarter of 2014. These results compare with previous periods as follows:(1) In this Report, reference is made to EBITDA (defined as earnings plus (i) amortization, (ii) restructuring charges, (iii) finance expense, (iv) exchange (gain) loss on long-term debt, (v) other (income) expense and (vi) tax (
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/15/14 — West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX: WFT) announced today that it has completed its previously announced offering of US$300 million aggregate principal amount of 4.35% senior unsecured notes due October 15, 2024 (the "Notes"). West Fraser used the net proceeds from the offering to repay its outstanding 5.2% senior unsecured notes that matured today.The Notes were offered in t
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/07/14 — West Fraser Timber Co. Ltd. (TSX: WFT) ("West Fraser" or the "Company") announced today that it has priced its offering of US$300 million aggregate principal amount of 4.35% senior unsecured notes due October 15, 2024 (the "Notes"). The Notes were priced at 100% of the aggregate principal amount and will yield 4.35% to maturity. The offering is expected to close on or about October 15, 2014, subject to cu
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/07/14 — West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX: WFT) announced today that it intends, subject to market and other customary conditions, to offer US$300 million in aggregate principal amount of senior unsecured notes maturing in October 2024 (the "Notes") in a private offering. West Fraser intends to use the net proceeds from the offering to repay its outstanding 5.2% senior unsecured n
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/29/14 — West Fraser (TSX: WFT) will hold an analysts– conference call to discuss third quarter 2014 financial and operating results on Tuesday, October 28, 2014 at 8:30 a.m. Pacific Time/11:30 a.m. Eastern Time.To participate in the call, please dial:1-800-769-8320 (Toll-free North America)Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Ted Seraphim, President and CEO.Following managemen
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/13/13 — As announced on December 10, 2013, West Fraser (TSX: WFT) declared a stock dividend of one Common share per each issued and outstanding Common share and Class B Common share in the capital of the Company, which has the same effect as a two for one stock split. West Fraser is informing current and prospective shareholders of the "due bill" trading requirements relating to the stock dividend.The stock dividend is payable on Ja
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/10/13 — The Board of Directors of West Fraser Timber Co. Ltd. (TSX: WFT) has declared a quarterly dividend of $0.14 per share on the Common shares and Class B Common shares in the capital of the Company, payable on January 13, 2014 to shareholders of record on December 23, 2013.The Board of Directors of West Fraser has also declared a stock dividend of one Common share per each issued and outstanding Common share and Class B Common share in t
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/28/13 — West Fraser Timber Co. Ltd. (TSX: WFT) today reported earnings of $55 million or $1.29 per share on sales of $878 million in the third quarter of 2013. These results compare with previous periods as follows:Operational ResultsIn the quarter our lumber operations generated operating earnings of $57 million (Q2 – $103 million) and EBITDA of $83 million (Q2- $125 million). The weaker results compared to the previous quarter reflect lower
Timber Rights Exchange – Mill Closure – Capital Investment
