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LP sets $400M accelerated share repurchase

Feb. 19, 2019 8:03 AM ETLouisiana-Pacific Corporation (LPX) StockBy: Yoel Minkoff, SA News Editor
  • Under the ASR agreement, Louisiana-Pacific (NYSE:LPX) will receive initial delivery of approximately 11.9M shares on February 21, 2019.
  • The final number of shares to be repurchased will be based on LP’s volume-weighted average price during the term of the transaction, less a discount, and is expected to be completed no later than the end of the third quarter of 2019.

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