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West Fraser Timber Co (WFG) NPV

Sell:115.58 CAD Buy:116.29 CAD Change: 0.75 CAD (0.64%)
Market closed |  Prices as at close on 27 May 2022 | Switch to live prices |
Tender Offer

West Fraser Timber Co NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 May 2022)

What is happening?

 

West Fraser Timber Co wants to return up to USD1.25 billion to shareholders. To do this the company is offering to buy its shares at a price between USD80.00 and USD95.00.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD80.00, or greater than USD95.00 (in increments of USD0.25, e.g. USD80.25, USD80.50, USD80.75, USD81.00, etc.) Alternatively, you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

•  The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD1.25 billion.

 

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

•  Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.


•  Non-Canadian resident shareholders who sell shares in the offer will receive some of the proceeds as income, subject to Canadian Withholding Tax.

 

•  Any proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.

 

Tender shares – Act below by noon on Monday 30 May 2022

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:115.58 CAD
Buy:116.29 CAD
Change: 0.75 CAD (0.64%)
Market closed |  Prices as at close on 27 May 2022 | Switch to live prices |
Tender Offer

West Fraser Timber Co NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 May 2022)

What is happening?

 

West Fraser Timber Co wants to return up to USD1.25 billion to shareholders. To do this the company is offering to buy its shares at a price between USD80.00 and USD95.00.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD80.00, or greater than USD95.00 (in increments of USD0.25, e.g. USD80.25, USD80.50, USD80.75, USD81.00, etc.) Alternatively, you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

•  The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD1.25 billion.

 

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

•  Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.


•  Non-Canadian resident shareholders who sell shares in the offer will receive some of the proceeds as income, subject to Canadian Withholding Tax.

 

•  Any proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.

 

Tender shares – Act below by noon on Monday 30 May 2022

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
Sell:115.58 CAD
Buy:116.29 CAD
Change: 0.75 CAD (0.64%)
Market closed |  Prices as at close on 27 May 2022 | Switch to live prices |
Tender Offer

West Fraser Timber Co NPV

Type:
Tender Offer
Shareholder action required:
Yes
Status:
Client deadline
Details (last updated 13 May 2022)

What is happening?

 

West Fraser Timber Co wants to return up to USD1.25 billion to shareholders. To do this the company is offering to buy its shares at a price between USD80.00 and USD95.00.

 

If you don’t want to tender your shares, you don't need to do anything. You’ll keep your existing shares.

 

Please see below for a breakdown of the Tender Offer:

 

•  You can ask to sell (tender) some or all of your shares at a specific price which is not less than USD80.00, or greater than USD95.00 (in increments of USD0.25, e.g. USD80.25, USD80.50, USD80.75, USD81.00, etc.) Alternatively, you can ask to tender at the eventual purchase price, which will be determined on completion of the offer.

 

•  The eventual purchase price will be the lowest price within the range at which the company can accept tenders totalling up to USD1.25 billion.

 

•  If you tender your shares at a price higher than the purchase price your instruction will be rejected and your shares will be returned to you.

 

•  If you tender your shares at a price less than or equal to the eventual purchase price, you’ll receive the purchase price for any shares successfully sold. However, depending on the total number of elections, you may not sell all of the shares you ask to tender.

 

•  Shareholders holding 99 shares or less who tender their entire holding at a price at or below the eventual purchase price will receive priority under the offer.


•  Non-Canadian resident shareholders who sell shares in the offer will receive some of the proceeds as income, subject to Canadian Withholding Tax.

 

•  Any proceeds will be converted to Sterling upon receipt subject to the prevailing exchange rate at that time and our standard currency conversion fees.

 

Tender shares – Act below by noon on Monday 30 May 2022

 

Full details of this event will be sent to Qualifying Hargreaves Lansdown clients by either post or secure message. Please note that any instruction you give must be based on the full details provided in the letter and not on the summary information outlined above.

×
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