West fraser announces us$1.25 billion substantial issuer bid

Vancouver, bc , april 20, 2022 /prnewswire/ - west fraser timber co. ltd. ("west fraser" or the "company") (tsx and nyse: wfg) announced today that its board of directors (the "board") has approved the commencement of a substantial issuer bid (the "offer") pursuant to which the company will offer to purchase from shareholders for cancellation up to us$1.25 billion of its outstanding common shares (the "shares").
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