Supremex Inc T.SXP

Alternate Symbol(s): SUMXF

Forest Products Paper & Paper Products

Supremex Inc. is a Canada-based company, which manufactures and markets envelopes and provides paper-based packaging solutions designed to the specifications of national and multinational corporations, direct mailers, resellers, government entities, small-medium enterprises (SMEs) and solutions providers. The Company operates through two segments: the manufacturing and sale of envelopes and the manufacturing and sale of paper-based packaging solutions and specialty products. It also manufactures and distributes a diverse range of packaging and specialty products, including high-end quality folding carton packaging and e-commerce fulfillment packaging solutions. Its other packaging and specialty products include the Conformer Products, labels, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates 10 manufacturing facilities across four provinces in Canada and six manufacturing facilities in four states in the United States.

TSX:SXP - Post by User

Supremex Inc

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Post by divime1on Jun 08, 2021 2:27pm

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Post# 33348860

When the NCIB started

last August there were 28,130,469 shares issued . It wouldn't take a large investment for someone to take this private and eliminate the expenses of maintaining a TSE listing .

I believe SXP will be gone before the end of the year .

Normal Course Issuer Bid On August 13, 2020, the Company announced that it has received approval from the TSX to purchase by way of a NCIB, for cancellation, up to 1,406,523 of its common shares, representing approximately 5.0% of its 28,130,469 issued and outstanding common shares as of August 12, 2020.

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