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PotlatchDeltic Corp (PCH.OQ)

PCH.OQ on NASDAQ Stock Exchange Global Select Market

34.51USD
16 Jan 2019
Change (% chg)

$-0.00 (-0.00%)
Prev Close
$34.51
Open
$34.13
Day's High
$34.60
Day's Low
$34.02
Volume
145,238
Avg. Vol
198,937
52-wk High
$55.75
52-wk Low
$28.38

Latest Key Developments (Source: Significant Developments)

PotlatchDeltic Announces Agreement To Sell El Dorado MDF
Friday, 21 Dec 2018 

Dec 21 (Reuters) - PotlatchDeltic Corp ::PRESS RELEASE - POTLATCHDELTIC ANNOUNCES AGREEMENT TO SELL EL DORADO MDF.DEAL FOR APPROXIMATELY $92 MILLION.PURCHASE PRICE CONSISTING OF $63 MILLION IN CASH AND ASSUMPTION OF $29 MILLION OF REVENUE BOND OBLIGATIONS..EL DORADO MDF BUSINESS WILL CONTINUE TO OPERATE INDEPENDENTLY OF ROSEBURG UNTIL TRANSACTION CLOSES.TO SELL ITS EL DORADO MEDIUM DENSITY FIBERBOARD BUSINESS TO ROSEBURG FOREST PRODUCTS.  Full Article

Potlatchdeltic Corp Reports Third Quarter 2018 Results
Monday, 29 Oct 2018 

Oct 29 (Reuters) - PotlatchDeltic Corp ::ORATION REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.93.Q3 REVENUE $289.2 MILLION VERSUS I/B/E/S VIEW $292.2 MILLION.Q3 EARNINGS PER SHARE VIEW $0.82 -- THOMSON REUTERS I/B/E/S.QUARTERLY ADJUSTED NET INCOME PER SHARE $0.87.  Full Article

Potlatchdeltic Board Declares Quarterly Distribution On Common Stock
Friday, 31 Aug 2018 

Aug 30 (Reuters) - PotlatchDeltic Corp ::POTLATCHDELTIC BOARD DECLARES QUARTERLY DISTRIBUTION ON COMMON STOCK AND SPECIAL DIVIDEND.POTLATCHDELTIC - BOARD ALSO APPROVED SPECIAL DIVIDEND ON CO'S COMMON STOCK OF ABOUT $222 MILLION, OR $3.54/SHARE.  Full Article

Potlatchdeltic Corporation Reports Qtrly EPS Of $0.73
Monday, 30 Jul 2018 

July 30 (Reuters) - PotlatchDeltic Corp ::ORATION REPORTS SECOND QUARTER 2018 RESULTS.Q2 EARNINGS PER SHARE $0.73.Q2 REVENUE $268.2 MILLION VERSUS I/B/E/S VIEW $268.2 MILLION.Q2 EARNINGS PER SHARE VIEW $0.69 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED NET INCOME PER DILUTED SHARE $0.75.ON TRACK WITH $50 MILLION IN AFTER-TAX ANNUAL CASH SYNERGY RUN RATE IN YEAR TWO AFTER MERGER WITH DELTIC TIMBER."LUMBER PRICES ARE PULLING BACK FROM AN ALL-TIME PEAK BUT ARE STILL ROBUST".  Full Article

Potlatchdeltic Says Terminated Its Principal Accounting Officer
Friday, 11 May 2018 

May 11 (Reuters) - PotlatchDeltic Corp ::POTLATCHDELTIC SAYS ON MAY 7, CO TERMINATED STEPHANIE A. BRADY, CONTROLLER AND PRINCIPAL ACCOUNTING OFFICER - SEC FILING.TRANSFERRED DUTIES OF PRINCIPAL ACCOUNTING OFFICER TO JERALD W. RICHARDS, VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.  Full Article

Potlatch-if deal terminated‍​ on Co's board's recommendation, Deltic Timber get $66 mln termination fee
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Deltic Timber Corp :Potlatch - if deal terminated‍​ due to change in recommendation by Co's board, Co to pay deltic timber $66 million termination fee - SEC filing.Potlatch - if deal terminated‍​ due to change in recommendation by Deltic Timber's board, Deltic Timber to pay Co termination fee of $33 million.  Full Article

Potlatch Corp reports Q3 earnings per share $0.82
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Potlatch Corporation reports third quarter 2017 results.Q3 adjusted earnings per share $0.94 excluding items.Q3 earnings per share $0.82.Q3 revenue $190.4 million versus I/B/E/S view $190.5 million.Q3 earnings per share view $0.90 -- Thomson Reuters I/B/E/S.  Full Article

Potlatch board increases dividend 7%
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Potlatch board increases dividend 7%.Sets dividend of $0.40per share.  Full Article

Potlatch and Deltic Timber to combine to create leading timberland REIT and lumber manufacturer
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Potlatch Corp :Press release - potlatch and deltic timber to combine to create leading timberland reit and lumber manufacturer.Potlatch Corp - ‍Potlatch raises annual dividend from $1.50 to $1.60 per share​.Potlatch Corp - ‍Share repurchase authorization of $54 million remains in place​.Potlatch Corp - ‍Combined co is expected to have a pro forma equity market capitalization of about $3.3 billion and a total enterprise value of over $4.0 billion​.Potlatch Corp - ‍Deltic stockholders will receive 1.80 common shares of potlatch stock for each common share of deltic that they own​.Potlatch Corp - ‍Following close of transaction, Potlatch stockholders will own approximately 65% of combined company​.Potlatch Corp - ‍Following close of transaction, Deltic stockholders will own approximately 35% of combined co on a fully diluted basis​.Potlatch Corp - ‍Agreement also provides for Deltic to convert to a REIT structure, effective at closing date of transaction​.Potlatch Corp - ‍Combined company expects to realize approximately $50 million after-tax cash synergies and operational efficiencies​.Potlatch Corp - ‍Board of combined company will comprise eight directors from Potlatch and four directors from Deltic​.Potlatch Corp - ‍Both companies intend to maintain dividend payments through completion of transaction​.Potlatch - ‍As part of REIT conversion process, Deltic's accumulated earnings & profits to be distributed to combined co stockholders through dividend.  Full Article