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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 > Next steps
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Comment by fishowlon Feb 03, 2022 12:51pm
150 Views
Post# 34393709

RE:RE:Next steps

RE:RE:Next stepsFrom the press release

In addition to having recent and separate discussions with Supremex's CEO and its Chairman for the purpose of sharing his views, on December 30, 2021 Mr. Christopoulos delivered two Shareholder Proposals addressing certain of Supremex's strategic alternatives, for inclusion in Supremex's next Information Circular.

The term 'strategic alternatives' can mean different things. I think here it means that the activitist thinks company is undervalued and he wants the board to get improved value/share price for the company. Something that shareholders can vote on.

It is used at times to also mean put the company up for sale and seek bidders. 
It could also mean selloff parts of the company. to realize value which the market is missing.
The next quarter is the 4th quarter (AGM is coming), so it could also mean he wants representation on the board, and wants to replace some board members with his picks. (I think this is one of them)

Comments on other strategic alternatives?
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