Rayonier Announces $300 Million Increase in Share Repurchase Authorization
Key Highlights
- ➤Rayonier authorizes an additional $300 million for share repurchases
- ➤Approximately $51 million remained under the existing authorization as of October 30, 2026
- ➤Repurchases may occur through open-market, private transactions, or Rule 10b5-1 plans
- ➤Rayonier’s repurchase program has no expiration date and remains discretionary
Expert Statements
Mark McHugh, President and Chief Executive Officer of Rayonier
“The increase to our share repurchase authorization provides us additional capacity to capitalize on the significant disconnect between public and private timberland values.”
Mark McHugh, President and Chief Executive Officer of Rayonier
“Share repurchases remain an important component of our capital allocation strategy, and we will continue to deploy capital opportunistically to enhance long-term shareholder value.”
Rayonier Announces $300 Million Increase in Share Repurchase Authorization
Rayonier Inc. (NYSE:RYN) today announced that its Board of Directors has approved a $300 million increase to the Company’s existing share repurchase authorization. This increase is in addition to the approximately $51 million that remained under the existing authorization as of October 30, 2026. Repurchases may be made at management’s discretion from time to time on the open market, in privately negotiated transactions, or by other means, including Rule 10b5-1 trading plans. The repurchase program has no expiration date, may be suspended or discontinued at any time, and does not obligate the Company to acquire any particular amount of shares.
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