Canfor Pulp Announces Renewal of Normal Course Issuer Bid

Mar 04, 2019

Canfor Pulp Products Inc. 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 3,262,537 Common Shares of the Company (the “Shares”) or approximately 5% of the 65,250,759 Shares outstanding as of March 1, 2019, at prevailing market prices, in accordance with the rules of The Toronto Stock Exchange (the “TSX”). The Company did not repurchase any Shares for cancellation from March 7, 2018 to and including March 1, 2019 under its prior bid. Under its prior bid, the Company sought and was approved to purchase 3,262,941 Shares.    

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