Canadian paper manufacturer Domtar (UFS +5.4%) trades higher after its board authorizes a $400M...

|About: Domtar Corporation (UFS)|By:, SA News Editor

Canadian paper manufacturer Domtar (UFS +5.4%) trades higher after its board authorizes a $400M increase to its share buyback program. The original program announced in May, 2010 now has an aggregate authorization of $1B.