Weyerhaeuser Company Declares Dividend on Common Shares, Completes Existing Share Repurchase Program and Authorizes New $1 Billion Share Repurchase Program

Core Points - Weyerhaeuser Company declared a quarterly base cash dividend of $0.21 per share, payable on June 13, 2025, to shareholders of record as of May 30, 2025 [1] - The board authorized a new share repurchase program of up to$1 billion, replacing the previous $1 billion program completed in September 2021 [2] - The company repurchased approximately$74 million of common shares in the second quarter of 2025 under the prior authorization [2] - Year to date, Weyerhaeuser has completed nearly $100 million in opportunistic share repurchases and has returned over$5.7 billion to shareholders since the beginning of 2021, including $1 billion in share repurchases [3] - The company aims to return 75 to 80 percent of annual Adjusted Funds Available for Distribution (Adjusted FAD) to shareholders through dividends and share repurchases [3][4] Company Overview - Weyerhaeuser is one of the largest private owners of timberlands, controlling approximately 10.4 million acres in the U.S. and additional public timberlands in Canada [5] - The company generated$7.1 billion in net sales in 2024 and employs around 9,400 people [5] - Weyerhaeuser operates as a real estate investment trust and is listed on the New York Stock Exchange under the symbol WY [5]