07:04 AM EDT, 06/12/2025 (MT Newswires) -- Kernwood, a private holding company that invests in securities of private and public companies, overnight Wednesday said it bought 6.4 million common shares of Western Forest Products ( WFSTF ) in normal course transactions.

The company now owns 45.5 million Western Forest shares, about 14% of the total outstanding. The shares were bought at an average of $0.39 per share, for $2.5 million.

This is the second time this week that Kernwood has bought additional shares in WEF.