West Fraser Sells Arkansas Lumber Business
Ticker: WFG · Form: 6-K · Filed: Apr 22, 2024 · CIK: 1402388
| Field | Detail |
|---|---|
| Company | West Fraser Timber Co., Ltd (WFG) |
| Form Type | 6-K |
| Filed Date | Apr 22, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: divestiture, asset-sale, business-operations
TL;DR
West Fraser just sold its Haskell, AR lumber biz. Details TBD.
AI Summary
West Fraser Timber Co., Ltd. announced the completion of the sale of its Haskell, Arkansas lumber business on April 22, 2024. The sale includes the lumber mill and associated timberlands. Financial terms of the transaction were not disclosed in this filing.
Why It Matters
This divestiture indicates a strategic shift for West Fraser, potentially focusing on other operational areas or streamlining its business portfolio.
Risk Assessment
Risk Level: low — This filing is an informational report about a completed transaction and does not present new financial risks or opportunities.
Key Players & Entities
- WEST FRASER TIMBER CO., LTD (company) — Registrant
- Haskell, Arkansas (location) — Location of sold lumber business
- April 22, 2024 (date) — Date of news release and completion of sale
FAQ
What specific assets were included in the sale of the Haskell, Arkansas lumber business?
The sale included the lumber mill and associated timberlands in Haskell, Arkansas.
When was the sale of the Haskell, Arkansas lumber business completed?
The sale was completed on April 22, 2024.
What is the Commission File Number for this filing?
The Commission File Number is 001-39974.
Does West Fraser file annual reports on Form 20-F or Form 40-F?
West Fraser files annual reports on Form 40-F.
What is the SIC code for West Fraser Timber Co., Ltd.?
The Standard Industrial Classification (SIC) code is 2421 for Sawmills, Planning Mills, General.
Filing Stats: 207 words · 1 min read · ~1 pages · Grade level 10.7 · Accepted 2024-04-22 11:12:49
Filing Documents
- d90102d6k.htm (6-K) — 8KB
- d90102dex991.htm (EX-99.1) — 7KB
- g90102dsp4.jpg (GRAPHIC) — 15KB
- 0001193125-24-104132.txt ( ) — 37KB
From the Filing
Form 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2024 Commission File No. 001-39974 WEST FRASER TIMBER CO. LTD. (Translation of registrants name into English) 885 West Georgia Street, Suite 1500 Vancouver, British Columbia Canada V6C 3E8 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-FForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) SUBMITTED HEREWITH Exhibits 99.1 News release dated April 22, 2024 re: West Fraser Announces Completion of Sale -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: April 22, 2024 WEST FRASER TIMBER CO. LTD. /s/ Christopher A. Virostek Christopher A. Virostek Senior Vice-President, Finance and Chief Financial Officer