CTT NYSE
Atlanta, GA 30328
US
CatchMark Timber Trust, Inc. (formerly NYSE: CTT) was acquired by PotlatchDeltic Corporation on September 14, 2022. Prior to this transaction, the company's primary goal was to ensure a consistent and growing per-share cash flow. This was achieved through the astute acquisition and expert stewardship of premium timberlands located advantageously near high-demand U.S. mill markets. By meticulously managing and strategically harvesting its high-quality timber assets, CatchMark aimed to enhance long-term revenue generation, leveraging the close proximity to mills to guarantee a dependable market for its inventory and maximize financial returns across diverse economic conditions. Established in 2007 and headquartered in Atlanta, the company focused exclusively on the ownership and management of timberland, holding interests in approximately 1.5 million acres of forested properties throughout Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, and Texas.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| DeCosmo James M | D-Return | 5,838 | — | 2022-09-14 |
| DeCosmo James M | D-Return | 14,874 | — | 2022-09-14 |
| Solomon Lesley H | A-Award | 30,435 | — | 2022-09-14 |
| Solomon Lesley H | D-Return | 90,551 | — | 2022-09-14 |
| Solomon Lesley H | D-Return | 151,124 | — | 2022-09-14 |