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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

Comment by HermannHalleron Nov 17, 2022 3:24pm
108 Views
Post# 35108134

RE:Share repurchase

RE:Share repurchaseThe new NCIB, started in August 2022, replaced the old one (each runs for a year). They bought back a total of 920,100 shares under the last NCIB.

They also disclosed that they have bought another 20,000 subsequent to the end of the quarter. On the conference call they said they will prioritize the growth opportunities they are seeing, but would still buy shares opportunistically.   


Undeniable wrote: I was looking back on information. The company has a repurchase from  August 2022 to August 2023 to buy back just over 1 million three hundred thousand. They bought under old repurchase 96,000.. are they still buying more on the old repurchase? Does anyone know?


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