Taiga Building Products Ltd. Announces One-Time Dividend Amid Trading Halt

Toronto, May 27, 2025 — Taiga Building Products Ltd., a leading wholesale distributor of lumber, panel products, and related building materials in Canada, has announced a one-time dividend distribution for its common shareholders. The company declared a special dividend of $1.6675 CAD per common share, payable on June 23, 2025, to shareholders of record as of June 6, 2025. This decision was made by the board of directors and is not indicative of any future dividend policy, as the company has no current plans to issue regular dividends.

The announcement comes amid a trading halt for Taiga Building Products Ltd. shares on the Toronto Stock Exchange. The halt, initiated by the Canadian Investment Regulatory Organization (CIRO) at 8:10 AM ET, was due to pending news. CIRO, the national self-regulatory organization overseeing investment dealers and trading activities, implemented the halt to ensure a fair and orderly market.

Earlier in the day, trading for Taiga Building Products was temporarily suspended at the open, with the company resuming trading at 7 a.m. PT. The halt was also reflected in international markets, with the instrument TAIGA BUILDING PRODS 4T7 being suspended with immediate effect.

As of the close of trading on May 25, 2025, Taiga Building Products Ltd. had a share price of 3.9 CAD, with a 52-week high of 4.72 CAD and a low of 3.18 CAD. The company’s market capitalization stands at 412.35 million CAD, with a price-to-earnings ratio of 9.23.

This one-time dividend distribution highlights the company’s commitment to returning value to its shareholders, even as it navigates the complexities of market regulations and trading activities.