Below Weyerhaeuser’s money return framework, the corporate expects to complement its quarterly base money dividend, as acceptable, with a further return of variable money to realize a focused whole return to shareholders of 75 to 80 % of annual Adjusted Funds Obtainable for Distribution (Adjusted FAD). The corporate has the pliability in its capital allocation framework to return this extra money both within the type of a supplemental money dividend or via opportunistic share repurchase.
Adjusted FAD, a non-GAAP measure, is outlined by Weyerhaeuser as web money from operations adjusted for capital expenditures and vital non-recurring gadgets.
ABOUT WEYERHAEUSER
Weyerhaeuser Firm, one of many world’s largest non-public homeowners of timberlands, started operations in 1900 and in the present day owns or controls roughly 10.5 million acres of timberlands within the
FORWARD-LOOKING STATEMENTS
This information launch comprises statements throughout the that means of the Non-public Securities Litigation Reform Act of 1995 in regards to the firm’s expectations concerning the quantity, timing and incidence of future quarterly and supplemental money dividends in addition to the corporate’s dividend framework and future share repurchases. Ahead-looking statements are typically recognized by phrases equivalent to “expects” and “targeted” and comparable phrases and expressions referencing future occasions. Ahead-looking statements are primarily based on our present expectations and assumptions, the accuracy of that are topic to numerous dangers and uncertainties that would trigger precise outcomes to vary materially from these described within the forward-looking statements. These dangers and uncertainties embody, however aren’t restricted to, these recognized in our 2023 Annual Report on Type 10-Okay, in addition to these set forth on occasion in our different public statements, stories, registration statements, prospectuses, info statements and different filings with the SEC.
It isn’t attainable to foretell or determine all dangers and uncertainties that may have an effect on the accuracy of our forward-looking statements and, consequently, our descriptions of such dangers and uncertainties shouldn’t be thought-about exhaustive. Ahead-looking statements communicate solely as of the date they’re made, and we undertake no obligation to publicly replace or revise any forward-looking statements, whether or not due to new info, future occasions, or in any other case. Additionally included on this information launch are references to Adjusted FAD, which is a non-GAAP monetary measure. Adjusted FAD is probably not corresponding to equally named or captioned non-GAAP monetary measures of different firms on account of potential inconsistencies in how such measures are calculated. Adjusted FAD shouldn’t be thought-about in isolation from, and isn’t supposed to symbolize an alternative choice to, our GAAP outcomes.
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