Resolute Forest Products Inc. announced that its board of directors authorized the repurchase of up to 15% of the company's common stock for aggregate consideration of up to $100 million. Repurchase transactions will be funded using the company's sources of liquidity.
Interfor Corporation announced that it has received approval from the Province of British Columbia related to the previously announced agreement to acquire cutting rights in the Adams Lake area of the BC Interior from Canfor Corporation.
