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Universal Forest Products Inc (UFPI.OQ)

UFPI.OQ on NASDAQ Stock Exchange Global Select Market

37.98USD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Universal Forest Products board of directors approves 3-for-1 stock split
Wednesday, 18 Oct 2017 

Oct 19 (Reuters) - Universal Forest Products Inc :UFPI board of directors approves 3-for-1 stock split; 13 percent increase in semiannual dividend.Universal Forest Products Inc - ‍board approved 13.3 percent increase in semiannual cash dividend to $0.51 a share, equates to $0.17 per share after stock split​.Universal Forest Products Inc - ‍stock split will increase number of outstanding shares of common stock from approximately 20.4 million to 61.2 million​.  Full Article

Universal Forest Products reports Q3 earnings per share $1.64
Tuesday, 17 Oct 2017 

Oct 18 (Reuters) - Universal Forest Products Inc :UFPI posts record third quarter results.Q3 earnings per share $1.64.Q3 earnings per share view $1.56 -- Thomson Reuters I/B/E/S.Q3 sales rose 28 percent to $1.057 billion.Universal Forest Products Inc - Hurricanes Harvey, Irma and Maria contributed to more lumber market volatility in September​.  Full Article

UFPI signs definitive agreement to purchase IDX Corp
Thursday, 1 Sep 2016 

Universal Forest Products Inc : Signed a definitive agreement to purchase IDX Corp . Under terms of agreement, UFPI will acquire all outstanding shares of stock of holding company, IDX Holdings Inc . Doesn't expect merger to contribute significantly to profitability for remainder of 2016 .Currently targets $25 million to $28 million in EBITDA with approximately $6 million in depreciation and amortization for 2017.  Full Article

Universal Forest Products Q2 earnings per share $1.64
Wednesday, 20 Jul 2016 

Universal Forest Products Inc : UFPI posts record net earnings, net sales; retail and construction markets lead sales gains . Q2 earnings per share $1.64 .Q2 sales rose 4 percent to $872.1 million.  Full Article

UFPI set to buy Idaho Western
Tuesday, 21 Jun 2016 

Universal Forest Products Inc : One of its subsidiaries has an agreement to acquire Idaho Western Inc . Purchase of outstanding shares of Idaho Western's stock, totaling $11.5 million, is expected to close on July 1, 2016 .UFPI set to acquire Idaho distributor serving manufactured housing/rv/retail industries.  Full Article

BRIEF-Universal Forest Products board of directors approves 3-for-1 stock split

* UFPI board of directors approves 3-for-1 stock split; 13 percent increase in semiannual dividend