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Norbord Inc (OSB.TO)

OSB.TO on Toronto Stock Exchange

45.87CAD
20 Sep 2018
Change (% chg)

$-0.78 (-1.67%)
Prev Close
$46.65
Open
$46.81
Day's High
$47.10
Day's Low
$45.65
Volume
620,058
Avg. Vol
308,340
52-wk High
$58.92
52-wk Low
$41.30

Latest Key Developments (Source: Significant Developments)

Norbord To Temporarily Suspend Production At Its 100 Mile House, BC Mill
Thursday, 15 Mar 2018 

March 15 (Reuters) - Norbord Inc ::NORBORD TO TEMPORARILY SUSPEND PRODUCTION AT ITS 100 MILE HOUSE, BC MILL.NORBORD TO TEMPORARILY SUSPEND PRODUCTION AT ITS 100 MILE HOUSE, BC MILL.NORBORD INC - ‍NORBORD CURRENTLY EXPECTS SUSPENSION TO COMMENCE ON OR ABOUT MAY 14, 2018 AND TO CONTINUE FOR ABOUT 1 MONTH​.NORBORD - ESTIMATES CURTAILMENT WILL NEGATIVELY IMPACT Q2 FINANCIAL RESULTS BY ABOUT $5 MILLION.NORBORD INC - ‍SHORTAGE OF WOOD WILL CAUSE IT TO TEMPORARILY SUSPEND PRODUCTION AT ORIENTED STRAND BOARD MILL IN 100 MILE HOUSE, BRITISH COLUMBIA​.  Full Article

Norbord reports secondary bought deal offering of its common shares by Brookfield
Wednesday, 2 Aug 2017 

Aug 2 (Reuters) - Norbord Inc ::Norbord Inc. announces secondary bought deal offering of its common shares by Brookfield.Norbord - has agreed to sell 3.55 million common shares of norbord at an secondary offering price of $42.35 per common share.  Full Article

Norbord reports second quarter 2017 results increases quarterly dividend
Friday, 28 Jul 2017 

July 28 (Reuters) - Norbord Inc :Norbord Inc - ‍declared quarterly dividend of C$0.50 per share for shareholders of record on September 1, 2017 - an increase of C$0.20​.Norbord Inc qtrly ‍adjusted earnings of $1.10 per diluted share​.Norbord Inc qtrly earnings per share $‍1.13​.Q2 earnings per share view $1.00 -- Thomson Reuters I/B/E/S.Norbord Inc - ‍Scotland OSB mill remains on budget and on track to start up in second half of 2017​."Q2 adjusted EBITDA result is our best since 2004".Norbord Inc - qtrly ‍​sales $536 million versus $447 million.  Full Article

Norbord's 100 Mile House, British Columbia OSB mill resumes production
Monday, 24 Jul 2017 

July 24 (Reuters) - Norbord Inc ::Norbord's 100 Mile House, British Columbia OSB mill resumes production.Says ‍OSB Mill in 100 Mile House, British Columbia resumed production over weekend after evacuation order for 100 Mile House was lifted​.Says curtailment not expected to materially impact Norbord's Q3 results.  Full Article

Norbord secures wood allocation for Chambord, Quebec OSB Mill
Monday, 26 Jun 2017 

June 26 (Reuters) - Norbord Inc :Norbord - Quebec Minister Of Forests, Wildlife and Parks granted co wood allocation for curtailed Chambord, Quebec OSB Mill to take effect April 1, 2018.Norbord - acquired Chambord OSB Mill in fall of 2016 following asset exchange; production from mill was indefinitely curtailed by previous owner in 2008.  Full Article

Norbord reports Q1 EPS $0.57
Tuesday, 2 May 2017 

May 2 (Reuters) - Norbord Inc :Says Q1 adjusted earnings of $0.58 per diluted share.Norbord reports first quarter 2017 results; increases variable dividend level.In Europe, continue to face post-brexit translation headwind from weaker pound sterling, and this quarter included additional impact of higher resin prices.Says board has tripled quarterly dividend to c$0.30 per share.Qtrly earnings per share $0.57.Q1 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.  Full Article

Norbord board declares qtrly dividend of CAD $0.10 per share
Friday, 3 Feb 2017 

Norbord Inc : Norbord reports 2016 results; declares quarterly dividend . Recorded adjusted earnings of $55 million or $0.64 per share (basic and diluted) in Q4 of 2016 . Norbord Inc says in North America, us housing starts were approximately 1.17 million in 2016, up 5% from 1.11 million in 2015 . Q4 earnings per share view $0.51 -- Thomson Reuters I/B/E/S . Norbord Inc says us housing economists are forecasting 2017 starts of approximately 1.25 million, a further 7% year-over-year improvement . Norbord Inc says in Europe, Norbord's core panel markets remained strong, with double-digit OSB demand growth in both UK and Germany . Norbord Inc says reported European panel prices in us dollar terms were impacted by significant devaluation of pound sterling following "brexit" referendum in June . In quarter, "us housing starts continued their steady recovery, driving increased North American OSB demand and prices" . Norbord Inc says in addition, company expects to invest most of remaining $102 million budgeted to complete inverness project .Norbord Inc says board of directors declared a quarterly dividend of cad $0.10 per common share.  Full Article

Norbord files for mixed shelf of up to $500 million
Thursday, 22 Dec 2016 

Norbord Inc :Files for mixed shelf of up to $500 million - sec filing.  Full Article

CANADA STOCKS-TSX gains as energy shares get a boost from oil prices

Aug 7 Canada's main stock index rose on Tuesday, as rising oil prices boosted shares of energy companies.