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Western Forest Products plans to consolidate shares 1-for-30, following strong Q2 earnings.
Western Forest Products Inc. plans to consolidate its shares, issuing one new share for every 30 old shares, following shareholder approval.
The move, pending Toronto Stock Exchange approval, comes after a strong Q2 with a 48% jump in net earnings to $27.1 million.
Meanwhile, West Fraser Timber, despite having higher revenue than most rivals, offers a lower P/E ratio and 1.8% dividend yield.
Western Forest Products will release its Q2 2025 results on August 7, with a conference call on August 8 for analysts.
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Western Forest Products planea consolidar las acciones 1-por-30, tras las fuertes ganancias del segundo trimestre.