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.

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Supremex Inc > IA picks up large block.. well well

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Comment by HermannHalleron Jun 08, 2022 4:19pm

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Post# 34741608

RE:RE:IA picks up large block.. well well

8x the average daily volume! Obviously, well beyond what the NCIB is allowed to do in a single day. It's possible that an institutional buyer came in, after seeing the Transcontinental results. Just a theory.

Transcontinental Inc. Announces Results for the Second Quarter of Fiscal 2022

June 08, 2022 10:47 ET | Source: Transcontinental Inc.

Highlights

Revenue growth of 21% for the Packaging Sector and 9% for the Printing Sector.
Revenues of $715.5 million for the quarter ended May 1, 2022; operating earnings of $46.1 million; and net earnings attributable to shareholders of the Corporation of $28.3 million ($0.33 per share).
Adjusted operating earnings before depreciation and amortization(1) of $103.6 million for the quarter ended May 1, 2022; adjusted operating earnings(1) of $64.1 million; and adjusted net earnings attributable to shareholders of the Corporation(1) of $41.7 million ($0.48 per share).
Acquired Scolab Inc., a leader in the development of digital educational products, in March 2022, to enhance digital educational offering.