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Norbord Inc

OSB.TO

Latest Trade

36.63CAD

Change

-0.12(-0.33%)

Volume

239,680

Today's Range

36.30

 - 

36.95

52 Week Range

26.31

 - 

39.96

As of on the Toronto Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Norbord Reports Third Quarter 2019 Results Declares Quarterly Dividend

Oct 31 (Reuters) - Norbord Inc <OSB.TO>::NORBORD REPORTS THIRD QUARTER 2019 RESULTS; DECLARES QUARTERLY DIVIDEND.QTRLY LOSS OF $0.21 PER DILUTED SHARE.QTRLY ADJUSTED LOSS OF $0.11 PER DILUTED SHARE.DECLARED QUARTERLY VARIABLE DIVIDEND OF C$0.20 PER SHARE FOR SHAREHOLDERS OF RECORD ON NOVEMBER 29, 2019.2019 CAPITAL EXPENDITURE BUDGET REMAINS APPROXIMATELY $150 MILLION.2020 CAPITAL EXPENDITURES ARE TARGETED AT APPROXIMATELY $100 MILLION.CHALLENGING NORTH AMERICAN MARKET CONDITIONS ADVERSELY AFFECTED Q3 FINANCIAL RESULTS.INDEFINITELY CURTAILED PRODUCTION AT 100 MILE HOUSE, BRITISH COLUMBIA MILL, AND MORE RECENTLY AT LINE 1 OF MILL IN CORDELE, GEORGIA.NORBORD - BOARD REDUCED DIVIDEND TO C$0.20/SHARE IN RECOGNITION OF IMPACT OF WEAKER THAN EXPECTED NORTH AMERICAN OSB MARKETS ON RESULTS OVER PAST 3 QTRS."WHILE IT WAS A DISAPPOINTING QUARTER FROM A FINANCIAL PERSPECTIVE, WE REMAIN CONFIDENT IN OUR MARKET POSITIONING".QTRLY SALES $435 MILLION VERSUS $640 MILLION.TSX HAS ACCEPTED NOTICE OF INTENTION TO RENEW NORMAL COURSE ISSUER BID IN ACCORDANCE WITH TSX RULES.UNDER BID, NORBORD MAY PURCHASE UP TO 4.1 MILLION OF ITS COMMON SHARES.Q3 EARNINGS PER SHARE VIEW $-0.06, REVENUE VIEW $452.1 MILLION -- REFINITIV IBES DATA.

Norbord Announces Indefinite Curtailment Of Line 1 At Cordele, Georgia OSB Mill

Oct 21 (Reuters) - Norbord Inc <OSB.TO>::NORBORD ANNOUNCES INDEFINITE CURTAILMENT OF LINE 1 AT CORDELE, GEORGIA OSB MILL.NORBORD - EFFECTIVE MID-NOVEMBER, WILL INDEFINITELY CURTAIL PRODUCTION ON LINE 1 OF ITS TWO-LINE ORIENTED STRAND BOARD (OSB) MILL IN CORDELE, GEORGIA.NORBORD INC - CORDELE LINE 1 HAS BEEN OPERATING ON A REDUCED 10/4 OPERATING SCHEDULE SINCE EARLY SEPTEMBER.NORBORD INC - CORDELE LINE 2 WILL CONTINUE TO OPERATE ON A FULL PRODUCTION SCHEDULE..NORBORD INC - WILL RECORD A NON-CASH IMPAIRMENT CHARGE OF $10 MILLION AGAINST CARRYING VALUE OF CORDELE MILL'S FIXED ASSETS IN Q3.NORBORD INC - APPROXIMATELY 45 EMPLOYEES WILL BE IMPACTED BY CURTAILMENT..NORBORD INC - TO SERVE CUSTOMERS WITHOUT DISRUPTION FROM CORDELE LINE 2 AND FROM ITS OTHER OPERATING OSB MILLS IN NORTH AMERICA.

Norbord Reports Second Quarter 2019 Results Declares Quarterly Dividend

Aug 1 (Reuters) - Norbord Inc <OSB.TO>::NORBORD REPORTS SECOND QUARTER 2019 RESULTS; DECLARES QUARTERLY DIVIDEND.Q2 LOSS PER SHARE $0.17.QTRLY ADJUSTED LOSS PER SHARE $0.10.QTRLY SALES $447 MILLION VERSUS $707 MILLION.ANNOUNCED INDEFINITE CURTAILMENT OF MILL IN 100 MILE HOUSE, BRITISH COLUMBIA."THIRD STRAIGHT QUARTER OF CHALLENGING NORTH AMERICAN MARKET CONDITIONS CONTINUED TO NEGATIVELY AFFECT FINANCIAL PERFORMANCE".Q2 EARNINGS PER SHARE VIEW $-0.06, REVENUE VIEW $489.0 MILLION -- REFINITIV IBES DATA.

Norbord Inc Announces Pricing Of Senior Secured Notes Offering

June 19 (Reuters) - Norbord Inc <OSB.TO>::NORBORD ANNOUNCES PRICING OF SENIOR SECURED NOTES OFFERING.NORBORD INC - NOTES WILL BE DUE 2027 AND WILL BEAR INTEREST AT AN ANNUAL RATE OF 5.750%..NORBORD INC - PRICED OFFERING OF US$350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES AT PAR..

Norbord Reports Fire Near High Level, Alberta OSB Mill

June 18 (Reuters) - Norbord Inc <OSB.TO>::NORBORD REPORTS FIRE NEAR HIGH LEVEL, ALBERTA OSB MILL.NORBORD INC - ALL NON-ESSENTIAL MILL EMPLOYEES HAVE BEEN SAFELY EVACUATED AND NO INJURIES HAVE BEEN REPORTED.NORBORD INC - ITS OSB MILL IN HIGH LEVEL, ALBERTA HAS TEMPORARILY SUSPENDED PRODUCTION.NORBORD INC - NORBORD IS ASSESSING IMPACT TO ITS PRODUCTION SCHEDULE FROM FIRE NEAR HIGH LEVEL, ALBERTA OSB MILL.NORBORD INC - ANTICIPATES AN EVACUATION ORDER BEING ISSUED FOR TOWN OF HIGH LEVEL.NORBORD INC - ITS OSB MILL IN HIGH LEVEL, ALBERTA HAS TEMPORARILY SUSPENDED PRODUCTION DUE TO WILD FIRES BURNING NEARBY IN REGION.NORBORD INC - HIGH LEVEL, ALBERTA MILL HAS A STATED ANNUAL PRODUCTION CAPACITY OF 860 MILLION SQUARE FEET (3/8-INCH BASIS).

Norbord Announces Proposed Senior Secured Notes Offering

June 18 (Reuters) - Norbord Inc <OSB.TO>::NORBORD ANNOUNCES PROPOSED SENIOR SECURED NOTES OFFERING.NORBORD INC - TO LAUNCH AN OFFERING OF APPROXIMATELY US$350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES.NORBORD INC - NOTES WILL RANK PARI PASSU WITH COMPANY'S EXISTING 5.375% SENIOR SECURED NOTES DUE 2020.NORBORD INC - NOTES WILL ALSO RANK PARI PASSU WITH COMPANY'S EXISTING 6.250% SENIOR SECURED NOTES DUE 2023 AND COMMITTED REVOLVING BANK LINES.NORBORD INC - NORBORD INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDEEM FOR CASH ALL OF OUTSTANDING 2020 NOTES.

Norbord Announces Indefinite Curtailment Of 100 Mile House Osb Mill In British Columbia

Norbord Inc <OSB.TO>::NORBORD ANNOUNCES INDEFINITE CURTAILMENT OF 100 MILE HOUSE OSB MILL IN BRITISH COLUMBIA.NORBORD INC - APPROXIMATELY 160 EMPLOYEES WILL BE IMPACTED BY THIS CURTAILMENT..NORBORD - INTENTION TO INDEFINITELY CURTAIL PRODUCTION AT ORIENTED STRAND BOARD MILL IN 100 MILE HOUSE, BRITISH COLUMBIA STARTING IN AUGUST 2019.NORBORD-TO CONTINUE TO SUPPLY CURRENT CUSTOMERS,MEET EXPECTED FUTURE CUSTOMER DEMAND WITH PRODUCTION FROM 11 OPERATING NORTH AMERICAN OSB MILLS.

Norbord Reports Fire Near High Level, Alberta Osb Mill

May 21 (Reuters) - Norbord Inc <OSB.TO>::NORBORD REPORTS FIRE NEAR HIGH LEVEL, ALBERTA OSB MILL.NORBORD INC - REPORTED THAT ITS OSB MILL IN HIGH LEVEL, ALBERTA HAS TEMPORARILY SUSPENDED PRODUCTION.NORBORD INC - NORBORD IS ASSESSING IMPACT TO ITS PRODUCTION SCHEDULE.NORBORD INC - OSB MILL SUSPENDED PRODUCTION DUE TO WILD FIRES BURNING NEARBY IN REGION.NORBORD INC - OSB MILL WAS SECURE AT TIME OF EVACUATION.

Norbord QTRLY Earnings Of $0.01 Per Diluted Share

Norbord Inc <OSB.TO>::NORBORD REPORTS FIRST QUARTER 2019 RESULTS; DECLARES QUARTERLY DIVIDEND.QTRLY ADJUSTED EBITDA OF $42 MILLION.QTRLY EARNINGS OF $0.01 PER DILUTED SHARE.QTRLY ADJUSTED LOSS OF $0.02 PER DILUTED SHARE.DECLARED QUARTERLY VARIABLE DIVIDEND OF C $0.40 PER SHARE.COMPANY DID NOT GENERATE ANY MIP GAINS IN QUARTER.

Norbord Inc Adj Earnings Of $26 Mln Or $0.30 Per Share In Q4 Of 2018

Feb 1 (Reuters) - Norbord Inc <OSB.TO>::NORBORD REPORTS RECORD 2018 EARNINGS; DECLARES QUARTERLY DIVIDEND.NORBORD INC - ADJUSTED EARNINGS OF $26 MILLION OR $0.30 PER SHARE (BASIC AND DILUTED) IN Q4 OF 2018.NORBORD INC - CONTINUE TO SHARE VIEW OF HOUSING EXPERTS THAT INDUSTRY IS EXPERIENCING A TEMPORARY PAUSE RATHER THAN A DIRECTIONAL SHIFT.NORBORD INC - DEMAND FOR LOWER-COST ENTRY-LEVEL HOMES REMAINS PARTICULARLY STRONG.NORBORD INC - EXPECT TREND OF STRONG DEMAND GROWTH DRIVEN BY INCREASING SUBSTITUTION FOR IMPORTED PANELS IN EUROPE TO CONTINUE.NORBORD INC - BOARD HAS APPROVED AN INCREMENTAL £35 MILLION INVESTMENT AT INVERNESS TO ADD A SECOND STRANDING AND DRYING LINE TO MILL.NORBORD INC - FOR 2019, WE HAVE BUDGETED APPROXIMATELY $150 MILLION FOR ONGOING INVESTMENTS IN OUR MILLS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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