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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

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

Post by chrischapman256on Mar 28, 2022 9:52am
208 Views
Post# 34551519

Buyback re-activated

Buyback re-activated
Looks like the share buyback is active again. Or at least I saw buying go through Industral Alliance which is the broker they use for buybacks.

I think what is happening is before they set a max buyback price of $3 as buybacks happened under this price and stopped when the price exceeded this. I think they recently increased the maximum price they will pay maybe up to $3.50 so the stock should have good support there.
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