Deltic Expands Its Common Stock Repurchase Program
February 18 2016 - 4:40PM
Business Wire
Deltic Timber Corporation (NYSE-DEL) today announced that its
Board of Directors has authorized management to expand the
Company’s Common Stock repurchase program by $20 million. This
authorization comes as Deltic Timber has now repurchased stock in
an amount representing over 90 percent of the Company’s current $60
million program. Repurchases may be made from time to time in the
open market at prevailing market prices or in private transactions
in accordance with all applicable securities laws and
regulations.
About Deltic
Deltic Timber Corporation is a natural resources company focused
on the efficient and environmentally responsible management of its
land holdings. The Company owns approximately 530,000 acres of
timberland, operates two sawmills and a medium density fiber-board
plant, and is engaged in real estate development. Headquartered in
El Dorado, Arkansas, the Company’s operations are located primarily
in Arkansas and north Louisiana.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160218006693/en/
Deltic Timber CorporationKenneth D. Mann, 870-881-6432Vice
President of Finance and Administration and CFO
Deltic Timber (NYSE:DEL)
Historical Stock Chart
From Jun 2024 to Jul 2024
Deltic Timber (NYSE:DEL)
Historical Stock Chart
From Jul 2023 to Jul 2024
