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Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

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

Post by chrischapman256on Apr 05, 2022 2:47pm
277 Views
Post# 34577760

Shareholder proposal negotiation

Shareholder proposal negotiation
I think we are mostly on the same page on this forum with how we feel about the shareholder proposals. We understand that SupremeX is undervalued and see there are levers available to pull, but the proposals maybe go a bit too far.

I sent an email telling the company that I would vote with management as long as they increase the max price they will buy back shares for from $3.50 to $4.00. I have not gotten a response yet, but I see that the company is now buying back shares for more than $3.50 so maybe they are doing what I asked or maybe just coincidence. Either way I'm glad and will be voting with management.
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