Rayonier (RYN) “announced that the Company’s board of directors has approved a new $300 million share repurchase authorization. The new authorization replaces and supersedes the Company’s existing $100 million share repurchase authorization. Repurchases may be made at management’s discretion from time to time on the open market or through privately negotiated transactions. The new repurchase program has no time limit and may be suspended for periods or discontinued at any time.”
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Read More on RYN:
- Rayonier announces $1.80 per share special dividend
- Rayonier Inc. Reports Solid Q3 2024 Earnings
- Rayonier Sells Timberland to Strengthen Financial Position
- Rayonier sees FY24 pro forma EPS 36c-40c, consensus 37c
- Rayonier announces Timberland dispositions totaling $495M
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
