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Weyerhaeuser Co (WY.N)

WY.N on New York Stock Exchange

33.07USD
23 May 2017
Change (% chg)

$-0.06 (-0.18%)
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$33.13
Open
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$33.27
Day's Low
$33.02
Volume
413,626
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1,012,680
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$35.50
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$26.55

Latest Key Developments (Source: Significant Developments)

Nippon Paper has agreed to acquire paper cup and carton business of Weyerhaeuser - Nikkei
Wednesday, 15 Jun 2016 01:12pm EDT 

: Nippon Paper Industries has agreed to acquire paper cup and carton business of Weyerhaeuser in a deal valued at about 30 bln yen ($283 mln)- Nikkei . Nippon Paper will establish unit by Sept end, buying Weyerhaeuser's facilities in Washington State, sales offices in Japan, U.S. And South Korea - Nikkei .Nippon Paper will also take on about 500 employees - Nikkei.  Full Article

Weyerhaeuser Q1 earnings per share $0.11
Friday, 6 May 2016 03:13am EDT 

Weyerhaeuser Co : Weyerhaeuser reports first quarter results . Q1 earnings per share $0.11 . Q1 sales $1.8 billion versus I/B/E/S view $1.9 billion . Q1 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.24 excluding items . Says anticipates comparable earnings and higher adjusted ebitda from Timberlands segment in Q2 . Expects to use a substantial portion of $1.6 billion after-tax proceeds from sale of Cellulose Fibers Mills for repayment of loans . Weyerhaeuser reports first quarter results . Expects higher earnings and adjusted ebitda from Cellulose Fibers segment in Q2 . Says expects significantly higher earnings and adjusted ebitda from wood products segment in Q2 . Expects comparable earnings and adjusted ebitda from real estate, energy and natural resources segment in Q2. .In Q2, non-cash depletion and amortization charges will also be higher due to increased basis associated with acquisition accounting.  Full Article

Weyerhaeuser Co to sell Cellulose Fibers pulp mills to International Paper for $2.2 billion in cash
Monday, 2 May 2016 08:00am EDT 

Weyerhaeuser Co:To sell Cellulose Fibers pulp mills to International Paper for $2.2 billion in cash.Expects to use a substantial portion of the estimated $1.6 billion after-tax proceeds for repayment of term loans issued in conjunction with the company's previously announced $2.5 billion share repurchase program.Transaction expected to close in the fourth quarter of 2016.  Full Article

Weyerhaeuser Co declares dividend on common shares
Wednesday, 14 Oct 2015 06:21pm EDT 

Weyerhaeuser Co:Declared a dividend of $0.31 per share on the Common Stock of the company, payable in cash on November 20, 2015 to holders of record of such common shares at the close of business on October 30, 2015.  Full Article

Weyerhaeuser increases dividend by 6.9 pct and authorizes new $500 million share repurchase program
Thursday, 27 Aug 2015 08:14pm EDT 

Weyerhaeuser Co:Increases dividend by 6.9% and authorizes new $500 million share repurchase program.Sets quarterly dividend of $0.31 per share.  Full Article

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BRIEF-Weyerhaeuser declares dividend on common shares

* Declared a dividend of $0.31 per share on common stock of company Source text for Eikon: Further company coverage: