SEATTLE, Would possibly 8, 2025 /PRNewswire/ — Weyerhaeuser Company (NYSE: WY) nowadays introduced that its board of administrators declared a quarterly bottom money dividend of $0.21 according to proportion at the regular conserve of the corporate, payable in money on June 13, 2025, to holders of document of such regular conserve as of the akin of commercial on Would possibly 30, 2025.
Moreover, the board has licensed a untouched proportion repurchase program of as much as $1 billion of the corporate’s regular stocks. This replaces the just lately finished $1 billion proportion repurchase program, which used to be licensed in September 2021. In the second one quarter of 2025, the corporate finished the rest of its prior authorization by way of repurchasing roughly $74 million of regular stocks. Repurchases beneath the untouched program could also be made via a number of modes, together with however now not restricted to evident marketplace purchases, unsolicited or solicited privately negotiated transactions, gentle trade in, prevent trades, speeded up proportion repurchase transactions, or pursuant to 10b5-1 buying and selling plans.
“We’ve completed nearly $100 million of opportunistic share repurchase year to date and are pleased to announce authorization of a new program going forward,” mentioned Devin W. Stockfish, president and eminent government officer. “Since the beginning of 2021, and inclusive of the quarterly dividend announced today, we will have returned more than $5.7 billion of cash back to shareholders, including $1 billion of share repurchase. Looking ahead, we remain committed to returning meaningful and appropriate amounts of cash back to shareholders across market cycles. This new authorization provides ample flexibility for future share repurchase activity, and it represents an important ongoing lever for driving long-term shareholder value within our broader capital allocation framework.”
Below Weyerhaeuser’s money go back framework, the corporate expects to complement its quarterly bottom money dividend, as suitable, with an spare go back of variable money to succeed in a centered general go back to shareholders of 75 to 80 % of annual Adjusted Price range To be had for Distribution (Adjusted FAD). The corporate has the versatility in its capital allocation framework to go back this spare money within the mode of a supplemental money dividend, opportunistic proportion repurchase, or a mix of the 2.
Adjusted FAD, a non-GAAP measure, is outlined by way of Weyerhaeuser as web money from operations adjusted for capital expenditures and demanding non-recurring pieces.
ABOUT WEYERHAEUSER
Weyerhaeuser Company, one of the vital global’s biggest non-public homeowners of timberlands, started operations in 1900 and nowadays owns or controls roughly 10.4 million acres of timberlands within the U.S., in addition to spare folk timberlands controlled beneath long-term licenses in Canada. Weyerhaeuser has been an international chief in sustainability for greater than a century and manages 100% of its timberlands on an absolutely sustainable foundation in compliance with across the world known sustainable forestry requirements. Weyerhaeuser could also be one of the vital biggest producers of wood products in North The us and operates spare industry traces round product distribution, climate solutions, real estate, power and herbal sources, amongst others. In 2024, the corporate generated $7.1 billion in web gross sales and hired roughly 9,400 public who handover shoppers international. Operated as an actual property funding agree with, Weyerhaeuser’s regular conserve trades at the Unused York Retain Change beneath the emblem WY. Be informed extra at www.weyerhaeuser.com.
FORWARD-LOOKING STATEMENTS
This information loose comprises statements inside the that means of the Personal Securities Litigation Reform Employment of 1995, as amended, in regards to the quantity, timing and incidence of age quarterly and supplemental money dividends in addition to the corporate’s dividend framework and age proportion repurchases beneath its untouched proportion repurchase authorization. Ahead-looking statements are typically recognized by way of phrases akin to “expects” and “targeted,” references to occasions happening on specified age dates and alternative phrases and expressions referencing age occasions or occurrences. All forward-looking statements are in keeping with our tide expectancies and suppositions and don’t seem to be promises of age occasions or efficiency. The conclusion of our expectancies and the accuracy of our suppositions are matter to plenty of dangers and uncertainties that would purpose latest effects to vary materially from the ones described within the forward-looking statements. Those dangers and uncertainties come with, however don’t seem to be restricted to, the ones recognized in our 2024 Annual Document on Mode 10-Ok, in addition to the ones prepared forth from month to month in our alternative folk statements, reviews, registration statements, prospectuses, knowledge statements and alternative filings with the SEC, and alternative components now not described herein or in different places as a result of they don’t seem to be lately recognized to us or as a result of we lately pass judgement on them to be immaterial.
It’s not conceivable to expect or establish all dangers and uncertainties that may impact the accuracy of our forward-looking statements and, as a result, our descriptions of such dangers and uncertainties will have to now not be thought to be exhaustive. Ahead-looking statements discuss simplest as of the moment they’re made, and we adopt refuse legal responsibility to publicly replace or revise any forward-looking statements, whether or not as a result of untouched knowledge, age occasions, or another way. Additionally incorporated on this information loose are references to Adjusted FAD, which is a non-GAAP monetary measure. Adjusted FAD will not be similar to in a similar fashion named or captioned non-GAAP monetary measures of alternative corporations because of attainable inconsistencies in how such measures are calculated. Adjusted FAD will have to now not be thought to be in isolation from, and isn’t meant to constitute an supplementary to, our GAAP effects.
For more info touch:
Analysts – Andy Taylor, 206-539-3907
Media – Nancy Thompson, 919-861-0342
SOURCE Weyerhaeuser Corporate
