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wef western forest 1.36



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By murrayn

Posted: Wednesday Jul 3 10:45:42AM 2013

Another forestry stock that is looking up. They announced initiating 2 cent a q dividend which works out to 5.8 %  divy. And they also announced a large  dutch auction buy-back at prices between 1.30 and 1.50. Both moves signal bullish times ahead for the company. The company said the buyback  will be funded by cashflow from operations.


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