https://www.pulpandpapercanada.com

Features Financial Reports Markets
West Fraser enters into automatic share purchase plan


January 2, 2019
By P&PC Staff

Topics

January 2, 2019 – West Fraser Timber has entered into a new automatic share purchase plan as part of its normal course issuer bid announced last year.

As part of the plan, the securities dealer acting as the Wes Fraser’s agent for the normal course issuer bid may acquire, at its discretion, common shares of West Fraser on West Fraser’s behalf during the quarterly blackout period of the company for its fourth quarter 2018 results commencing January 1, 2019, subject to certain parameters as to price and number of shares.

The company’s normal course issuer bid commenced September 19, 2018 and will terminate on September 18, 2019.