West Fraser Timber Co. (WFT) has notable insider buying

West Fraser Timber Co. (T:WFT)

Raymond William Ferris, a Senior Officer, acquired 2,500 Common Shares on a direct ownership basis at a price of $68.580 through the public market on October 25th, 2018. This represents a $171,450 investment into the company's shares and an account share holdings change of 20.5%.

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.