Western Forest Products Inc. proposing share consolidation
From GlobeNewswire: 2025-04-07 18:14:00
Western Forest Products Inc. (TSX: WEF) is proposing a share consolidation at their Annual and Special Meeting on May 7, 2025. The consolidation ratio will be determined by the Board of Directors within a range of 1 post-consolidation share for every 25 to 40 pre-consolidation shares. The Board believes this will benefit the company by attracting new investors and improving trading liquidity. Shareholders as of March 24, 2025, will have voting rights on this matter. The company operates in British Columbia and Washington State, producing high-value forest products for global markets. Forward-looking statements caution against placing undue reliance on future outcomes.
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