News &
Press Releases

  • Canfor Corporation and Canfor Pulp Products Inc. Announce Second Quarter Results Conference Call

    Jun 24, 2015
    Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) will hold a joint conference call on Wednesday, July 22, 2015 at 8:00 AM PDT to discuss their respective second quarter 2015 financial and operating results.
    Full story
  • Canfor Announces Voting Results for the Election of Directors

    May 04, 2015
    Canfor Corporation (TSX:CFP) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday, April 29, 2015 in Fort St. John, British Columbia.
    Full story
  • Canfor Reports Results for First Quarter of 2015

    Apr 29, 2015
    Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $29.3 million, or $0.22 per share, for the first quarter of 2015, compared to $29.9 million, or $0.22 per share, for the fourth quarter of 2014 and $45.5 million, or $0.33 per share, for the first quarter of 2014.
    Full story
  • Canfor Announces Completed Purchase of Mill from Southern Lumber Company

    Apr 01, 2015
    Vancouver, BC — Canfor Corporation (TSX:CFP) announced today that, further to its newsrelease of September 30, 2014, it has completed the purchase of the operating assets of Southern Lumber Company. The acquisition includes a sawmill located in Hermanville, Mississippi which is a large log southern yellow pine dimension lumber mill producing predominantly long wide‐ width lumber. “With the completion of this acquisition, we are further positioned to provide additional higher‐ value products to our global customers” said Canfor Corporation President and CEO Don Kayne. “We look forward to working with the new team members in Mississippi and would like to welcome them to Canfor.”
    Full story
  • Canfor Corporation and Canfor Pulp Products Inc. Announces Annual General Meeting and First Quarter Results Conference Call

    Mar 26, 2015
    Canfor Corporation (TSX:CFP) will holds its Annual General Meeting at 11:00 AM PDT (11:00 AM MST/local time) Wednesday, April 29, 2015 in Fort St. John, BC at the Pomeroy Hotel, 11308 Alaska Road. Canfor Corporation will hold a joint conference call with Canfor Pulp Products Inc. (TSX:CFX) on Thursday, April 30, 2015 at 8:00 AM PDT to discuss their respective first quarter 2015 financial and operating results.
    Full story
  • Canfor Announces Renewal of Normal Course Issuer Bid

    Mar 03, 2015
    Canfor Corporation (CFP) announced today that it has received regulatory approval to renew a normal course issuer bid first launched in March, 2013. Under the new bid, the Company may purchase for cancellation up to 6,767,993 Common Shares or approximately 5% of the 135,359,863 Shares outstanding as of February 28, 2015, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange. The Company repurchased a total of 4,544,700 Shares for cancellation between March 5, 2013 and March 4, 2015 under its prior bid, at a volume weighted average price of $24.0563 per Share. The renewed normal course issuer bid will commence on March 5, 2015 and continue until March 4, 2016, unless completed or terminated earlier. Canfor believes the normal course issuer bid is in the best interests of the Company and its shareholders. Purchases of Common Shares made under the bid will be effected through the facilities of the TSX and through one or more Canadian alternative trading systems.
    Full story
  • Canfor Reports Results for Fourth Quarter of 2014

    Feb 04, 2015
    Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $29.9 million, or $0.22 per share, for the fourth quarter of 2014, compared to $45.5 million, or $0.34 per share, for the third quarter of 2014 and $28.0 million, or $0.20 per share, for the fourth quarter of 2013. For the twelve months ended December 31, 2014, the Company’s shareholder net income was $175.2 million, or $1.28 per share, compared to shareholder net income of $228.6 million, or $1.61 per share, reported for the comparable period of 2013.
    Full story
  • Canfor Sells Taylor Pulp Mill to Canfor Pulp Products Incorporated

    Jan 28, 2015
    Canfor Corporation (TSX: CFP) announced today the sale of its Taylor, BC pulp mill to its subsidiary company, Canfor Pulp Products Incorporated (TSX: CFX). This transaction will impact the management reporting structure of Taylor Pulp within Canfor Corporation but is not anticipated to have any operational impacts. The agreement includes a purchase price of approximately $15 million including working capital, along with additional consideration to be paid by Canfor Pulp over a three year period contingent on the financial results of Taylor Pulp over that time.
    Full story
  • Canfor Corporation and Canfor Pulp Products Inc. Announce Fourth Quarter Results Conference Call

    Jan 09, 2015
    Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) will hold a joint conference call on Thursday, February 5, 2015 at 8:00 AM PST to discuss their respective fourth quarter 2014 financial and operating results.
    Full story
  • Canfor Completes Phased Purchase Agreement of Beadles and Balfour Lumber Companies

    Jan 02, 2015
    Canfor Corporation (TSX:CFP) announced today that, further to its news release issued August 1, 2014, the Company has completed the purchase agreement for the operating assets of Beadles and Balfour Lumber Companies. The transaction includes two sawmills located in Thomasville and Moultrie, Georgia and is structured with 55% being acquired upon completion of the agreement and the balance after a two year period.
    Full story
get blog updates

Subscribe via rss

get timely news alerts

Subscribe via email or rss