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 > Q3 2021 Results

<< Previous

Bullboard Posts

Next >>

Comment by shareholders1on Nov 15, 2021 5:05pm

155 Views

Post# 34129228

RE:RE:RE:RE:RE:Q3 2021 Results

Scremer wrote: "A bit of an odd scenario though - using the Company's (our) money to repurchase shares for the benefit of a select group? What can you do?"

Perhaps I have misunderstoopd the point. If true value is say 54m higher than current market cap (or say about $2 per share), in theory you want SXP to buy back lots and lots of shares.

For every share bought at back at $2.50, there is value added of $2 for the remaining shareholders.

Yes, it increases Zucker Trust % ownership, but increases everyone else's % too, by the same proportion.

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season