By Katherine Hamilton
Dream Finders Homes doubled the limit of its stock buyback program to $50 million.
The buyback program was established in June 2023 and was previously limited at $25 million.
Repurchases may be executed through June 30, 2026.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
By Katherine Hamilton
Canfor Corp. said it is closing two sawmills in South Carolina in August.
The Vancouver, British Columbia, lumber company said Thursday it would close the Estill and Darlington mills after a period of persistently weak market conditions and sustained financial loss.
About 290 workers would be affected by the closures, and Canfor's U.S. lumber-production capacity will shrink by 350 million board feet annually.
Canfor is providing severance payments and exploring opportunities for redeployment within its operations, it said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
June 26, 2025 17:52 ET (21:52 GMT)
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