Boise Cascade Authorizes $300M Buyback, Declares $0.22 Dividend

Boise Cascade Company has authorized a new $300 million share repurchase program, replacing its previous buyback plan, and has already repurchased 1.25 million shares for approximately $120 million in 2025, demonstrating its commitment to enhancing shareholder value. Additionally, the company's board declared a quarterly dividend of $0.22 per share, payable on December 17, 2025, representing an annual yield of about 1.25%. Boise Cascade operates primarily in the engineered wood products and building materials distribution sectors, generating significant revenue from these areas. Despite a strong financial foundation and attractive valuation, the company faces challenges such as declining sales and profitability, which have led to a downward revision of its third-quarter EBITDA guidance. Analyst opinions on the stock remain mixed, with some rating it as a Buy with price targets around $95 to $96, while AI analysis indicates a Neutral stance due to bearish technical indicators. The company’s future dividend policies will depend on various financial and operational factors, including legal requirements and credit facility restrictions.