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 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.

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Supremex Inc > capital allocation - math

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Comment by HermannHalleron Mar 23, 2022 8:31am

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Post# 34536985

RE:RE:capital allocation - math

Only? But why would they keep a high cash balance when they have a revolving credit facility? (which the paid down by about $9 million during 2021)

Also, as in my last post, they generated $26 million in free cash flow for the year, that is over $2 million per month coming in. Part of this should be going to buybacks IMHO.