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 in two reporting 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 folding carton packaging and e-Commerce fulfillment packaging solutions. Other packaging and specialty products include the Conformer Products, labels, record sleeves and jackets, polyethylene bags for courier applications, bubble mailers and Enviro-logiX. It operates over ten manufacturing facilities across four provinces in Canada and five manufacturing facilities in three states in the United States.

TSX:SXP - Post by User

Supremex Inc > NCIB?

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Comment by HermannHalleron Aug 25, 2021 1:06pm

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Post# 33761525

RE:NCIB?

Pick one of the following options:

delayed because the press release person is on summer vacation (so buy SXP now before they get the NCIB fired up again)
they have found an acquisition that is a much better use of cash than the buyback (so buy now before they announce it)
they are about to get taken over, so no point doing NCIB (so buy now of course)
they lied

HermannHaller wrote: In the August 12 press release they said: 'The Company intends to renew its normal course issuer bid expiring on August 16, 2021.'

Today is August 23, what's going on?

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