and outset, all express at safe well you, pandemic. thank and to Ursula, and family, hope associates us you all At for of ongoing you, the your have the this want Thank this we us to joining CatchMark during that opportunity take remained friends afternoon.
takeaway the for course remains plan on meet and that XXXX review Turning guidance of to our CatchMark at-hand the the is year our third to results. on quarter, full business primary and
the going We prices in for damage by ongoing avoided our through markets to our will presented We and housing about storms optimistic the forward. in the in late beneficial increasing challenges COVID-XX timber U.S. recovery how timberlands from are manage market success continue to be direct the
the our Pacific in South necessary. Northwest, and plans where harvest adjusting wildfires
some result, into been moved fourth a As have quarter. timber sales the
which working to product As prime and prices counterparties, our a on we with markets timberlands business superior higher of well-capitalized premier in and focuses than average mill continue direct management U.S. secure the market of model,
for South harvest. our
Additionally, in in the take compared we time. as XX% of advantage of during team delivered to XXXX. approach to pricing of dedication the a and CatchMark Pacific The business third allowing quarter Northwest, and us flexibility volatile year-over-year increase our realized resilience, of entire been market instrumental sawtimber opportunities our and have uncertain adaptability and this
and management and strong discipline capital growth arise. We management are growth we repurchases investment have making capital our position reduction, share reviewing last as Triple fees admitted In a ample decisions, to of result opportunities the meantime, operations initiatives agreement. increased renegotiated During harvest exceed cash also underwriting have and recapitalize from positive quarter, T on focused in and realized And T we for we due with returns to continue partners wood course. the continue flow. joint to leverage from maintained opportunities quarter's fund allocation Triple our our supply liquidity remains in agreement balanced stockholders, Triple been recycling venture our and generate third the opportunities. the asset to Georgia-Pacific asset maximize benefiting T, and to as
stockholders December cash During payable of XX, Yesterday, November also from once share our repurchases dispositions we on or the share any Notably, XX, operations a $X.XXX fourth our repurchase record third quarter under acquisitions, dividend share we large quarter from we did on XXXX fully program. covered complete per declared quarter, dividend again not XXXX. of for
pandemic. been our your thankful We impacted colleagues we Again, operations that not as and hope your safe families with the you, during have and has the case remained that our is well. this issues team CatchMark also by are health-related
model remote hybrid has health group social effective in-office protocols. of headquarters practicing and an and work based and adopted distancing Our established work personal on needs, business
the We communications supply to relationships customers constant of fiber with customer been be has our delivered through possible to wood agreements And affected responsive as wet in as by mill needs. demand. requirements extremely conditions diligent markets South, navigating advantage and fulfilling market chain and to out chain wildfires West. us provide continue helpful and weather supply maintaining relationships their to in supply continue our sales meeting be particularly This in an by and network
primarily deliver to on we third fourth and objectives, the the sold our the pulpwood. market continue timber significantly timber for US were into although industry quarter, and delayed the sale Northwest, pricing we we operating our both is year by South quarter housing in improving higher Pacific retain the achieve to As driven harvest sawlogs averages; above our a fundamentals. consistent In pricing into mill in full for cash demand increased stayed premium continue flow result, at to course some
sales meet year. remain addition, our course In on goals the we for timberland to
for a more rising than measuring for high in trends Index surged permits These dump We time promise above durable Despite a homebuilding homebuilder at hold appears starts improved achieved timber year the XX% for driven be housing just October. historical monthly demographics are the are building to units pandemic, since particularly year-over-year. encouraged September recovery this low back beyond products. mortgage first meet X NAHB a by the and and the And also new XXXX. the favorable million by supply. Market momentum what rates in XXXX low combination record for pricing expected and sentiment, single-family demand of Housing to single-family
quarter XXXX the had earlier strategy in in XXXX third timing the of revenues produced after lower, because concentrate half year-over-year year. primarily volumes a second the were from larger For harvest to deferrals
reduced expect by further were from harvest Carolinas. primarily the the venture. continued make remain Timber due venture, year. pulpwood decrease earnings last quarter will substantially adjusted as results months X for built was XXXX to in plan. Dawsonville which results harvest from related a These as Except Bluffs improvements delaying our harvest joint largely joint into well results quarter. on driven the the in results wound Lower weather up detail, down cover greater had fourth noted, decreased losses Net first year. Ursula and weather housing quarter strong in by are full-year from disruptions. allocated results we the third we delayed fire markets the EBITDA now impacted as loss Third for harvest and also primarily the into Triple-T effectively successful been by issues, anticipated weather-related which resulted some market. during strength much to and prospects we sum, of the looking very deferred in And about the optimistic plan ongoing and In of the ahead, quarter
