Buck Horne's questions to Weyerhaeuser Co (WY) leadership • Q1 2025
Question
Buck Horne asked if the company's wide stock discount to NAV might prompt the monetization of noncore timber assets to accelerate share repurchases. He also requested an update on the momentum in the solar leasing business.
Answer
CFO David Wold emphasized a balanced capital allocation approach, stating the company is always evaluating levers to create value, including disciplined portfolio management and opportunistic share buybacks. CEO Devin Stockfish added that the solar business is progressing well, with one site operating, two under construction, and a growing pipeline that is expected to add several new sites annually for the next decade.