Domtar corporation to repurchase shares of common stock through an accelerated buyback

Fort mill, s.c.--(business wire)---- $ufs--domtar corporation (nyse: ufs) (tsx: ufs) today announced that it has entered into an accelerated share repurchase (“asr”) agreement with jpmorgan chase bank, n.a. to repurchase $200 million of its common stock with available cash on hand. under the asr agreement, the company will pay $200 million in exchange for an initial delivery of 4,430,906 shares. the final number of shares to be repurchased by domtar will be based on the average of the daily volume-weigh
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