U.S. COMPANY FILING
RAYONIER INC — Form 10-Q filed 2026-08-07
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Rayonier completed its merger with PotlatchDeltic on January 30, 2026, adding a Wood Products segment and expanding timberlands to ~4.1 million acres. Q2 2026 net income was $19.2 million, while H1 net income was $6.7 million, impacted by merger costs. The company also completed strategic timberland transactions, selling ~36,000 acres in Washington and acquiring ~57,000 acres in Alabama and Texas. Financial covenants remain compliant.
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