Business
Weyerhaeuser Company Declares Dividend on Common Shares, Completes Existing Share Repurchase Program and Authorizes New $1 Billion Share Repurchase Program
Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.21 per share on the common stock of the company, payable in cash on June 13, 2025, to holders of record of such common stock as of the close of business on May 30, 2025.
About this update from Weyerhaeuser Company
[{"type":"text","content":"SEATTLE, May 8, 2025 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced that its board of directors declared a quarterly base cash dividend of $0.21 per share on the common stock of the company, payable in cash on June 13, 2025, to holders of record of such common stock as of the close of business on May 30, 2025.","length":343,"tagName":"p"},{"type":"image","alt":"Weyerhaeuser Company logo. (PRNewsFoto/Weyerhaeuser Company)","displaySize":"","headline":null,"caption":"Weyerhaeuser Company logo. (PRNewsFoto/Weyerhaeuser Company)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":359,"url":"https://media.zenfs.com/en/prnewswire.com/87bb3acfc2911a4212a62bcef97fc9bd"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TCXu8wcbEGZ9USgPhdU2Yg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTYzMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/87bb3acfc2911a4212a62bcef97fc9bd","width":400,"height":359}},"href":"https://mma.prnewswire.com/media/321594/WEYERHAEUSER_LOGO.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Additionally, the board has authorized a new share repurchase program of up to $1 billion of the company's common shares. This replaces the recently completed $1 billion share repurchase program, which was authorized in September 2021. In the second quarter of 2025, the company executed the remainder of its prior authorization by repurchasing approximately $74 million of common shares. Repurchases under the new program may be made through a variety of methods, including but not limited to open market purchases, unsolicited or solicited privately negotiated transactions, tender offers, block trades, accelerated share repurchase transactions, or pursuant to 10b5-1 trading plans.","length":689,"tagName":"p"},{"type":"text","content":""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," said Devin W. Stockfish, president and chief executive 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 amo...