Ketcham Investments selling at West Fraser Timber Co. (WFT)

Ketcham Investments selling at West Fraser Timber Co. (T:WFT)

Ketcham Investments, a 10% Holder, disposed of 500,000 Common Shares on a direct ownership basis at a price of $80.900 on November 16th, 2017. This represents a $40,450,000 divestment of the company's shares and an account share holdings change of -7.5%.

West Fraser Timber Co. is in the Forest & Wood Products Sub Industry Group under the Basic Materials Sector.

West Fraser Timber Co. Ltd. is a diversified wood products company, which produces lumber (spruce-pine-fir (SPF) and southern yellow pine (SYP)), panels (plywood, medium-density fiberboard (MDF) and laminated veneer lumber (LVL)), pulp (northern bleached softwood kraft (NBSK) and bleached chemi-thermomechanical pulp (BCTMP)), newsprint, wood chips and energy. The Company's segments include Lumber, Panels, Pulp & Paper, and Corporate & Other. It offers engineered wood products. The Company holds rights to timber resources that for supplying the fiber required by its Canadian operations and have agreements for the supply of fiber required by its United States operations. It carries on its operations through subsidiaries and joint operations in British Columbia, Alberta and the southern United States. Its operations located in western Canada manufacture all of the products except SYP lumber. Its sawmills located in the southern United States produce SYP lumber and wood chips. West Fraser Timber Co. Ltd. (WFT) has a high amount of executive buying compared to its large-cap peers in the market over the past three months. According to regulatory filings yesterday, one insider has divested a net amount of $40,450,000.