Cematrix Corporation V.CVX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO).

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Cematrix Corporation > Hedging and buy back share for CVX the way to go

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Comment by kingscorpionon Sep 26, 2022 9:47pm

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Post# 34988343

RE:Hedging and buy back share for CVX the way to go

You guys know that revolving credit line CVX has with one of the banks for $5 mil Well CVX can increase that to $10 mil and with $13.7 mil cash they have, they can spend, $5mil to buy back OVER 25 mil shares and still have $8.7 mil in the bank.

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