WFG · West Fraser Timber Co. Ltd.

Summary

West Fraser Timber Co. Ltd. announced the Toronto Stock Exchange has accepted the renewal of its normal course issuer bid (NCIB), allowing repurchases of up to 3,800,917 Common shares, or 5% of the 76,018,344 shares outstanding as of March 10, 2026. The NCIB commences March 24, 2026, to return capital to shareholders when shares are undervalued, with all repurchased shares cancelled.

Key takeaways

• TSX accepted renewal of NCIB for up to 3,800,917 Common shares
• 5% of 76,018,344 shares issued and outstanding as of 2026-03-10
• NCIB commences 2026-03-24 and terminates 2027-03-23 or earlier
• Purchases on TSX (max 51,608/day), NYSE (25% ADV), or private agreement
• Prior NCIB expired 2026-03-02; 1,286,185 shares bought at US$73.47 average price