West Fraser Timber Approved to Renew Buyback of 3.8 Million Shares
West Fraser Timber announced that the Toronto Stock Exchange has accepted West Fraser's notice to renew its normal course issuer bid. Under the renewed NCIB, West Fraser will be entitled to purchase up to 3,800,917 common shares of the company, representing approximately 5% of the 76,018,344 shares issued and outstanding as at March 10. The NCIB will commence on March 24.
