SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
October 21, 2005
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(Date of earliest event report)
WEYERHAEUSER COMPANY
(Exact name of registrant as specified in charter)
Washington 1-4825 91-0470860
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation or Number)
organization)
Federal Way, Washington 98063-9777
(Address of principal executive offices)
(zip code)
Registrant's telephone number, including area code:
(253) 924-2345
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
- ----- Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
- ----- Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
- ----- Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act(17 CFR 240.14d-2(b))
- ----- Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act(17 CFR 240.13e-4(c))
TABLE OF CONTENTS
Item 7.01. Regulation FD Disclosure
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C., 20549
ITEM 7.01. REGULATION FD DISCLOSURE
On October 21, 2005, Weyerhaeuser Company issued a press release stating the
following:
Weyerhaeuser Company Announces Stock Repurchase Program
FEDERAL WAY, Wash. - Weyerhaeuser Company (NYSE: WY) today announced that its
board of directors has authorized the repurchase of up to 18 million shares, or
7.4 percent, of its outstanding common stock. As of October 20, Weyerhaeuser had
approximately 243 million shares of common stock outstanding.
"Weyerhaeuser is committed to creating value for our shareholders," said Steven
R. Rogel, chairman, president and chief executive officer. "We are pleased that
our strong balance sheet and significant cash flow allows us to implement this
share repurchase program that will return cash to shareholders while we pursue
other value-creating initiatives."
Stock repurchases under this program may be made through the open market and at
times and in such amounts as management deems appropriate. The timing and actual
number of shares repurchased will depend on a variety of factors including
price, corporate and regulatory requirements and other market conditions. The
stock repurchase program does not have an expiration date and may be limited or
terminated at any time without prior notice.
Weyerhaeuser Company (NYSE: WY), one of the world's largest integrated forest
products companies, was incorporated in 1900. In 2004, sales were $22.7 billion.
It has offices or operations in 19 countries, with customers worldwide.
Weyerhaeuser is principally engaged in the growing and harvesting of timber; the
manufacture, distribution and sale of forest products; and real estate
construction, development and related activities. Additional information about
Weyerhaeuser's businesses, products and practices is available at
http://www.weyerhaeuser.com.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
WEYERHAEUSER COMPANY
By /s/ Steven J. Hillyard
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Its: Vice President and
Chief Accounting Officer
Date: October 21, 2005