WEYERHAEUSER CO
For the period ended Jun 30, 2025. Filed Jul 25, 2025.
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Jun 30, 2025 · Filed Jul 25, 2025
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TIMBERLAND ACQUISITIONS
NOTE 15: TIMBERLAND ACQUISITIONS
On May 22, 2025, we announced the acquisition of 117 thousand acres of North Carolina and Virginia timberlands for approximately $375 million. The acquisition is subject to customary closing conditions and is expected to close in third quarter 2025.
On May 30, 2024, we acquired 13 thousand acres of Alabama timberlands for approximately $48 million. As a result of this acquisition, we recorded $47 million of timberland assets in "Timber and timberlands at cost, less depletion" and $1 million of related assets in "Property and equipment, net" on our Consolidated Balance Sheet.
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