Hammond Power Solutions Inc T.HPS.A

Alternate Symbol(s): HMDPF

Industrials Business Equipment

Hammond Power Solutions Inc. is a Canada-based company, which enables electrification through its broad range of dry-type transformers, power quality products and related magnetics. The Company's standard and custom-designed products are essential in electrical distribution networks through an extensive range of end user applications. The Company has manufacturing plants in Canada, the United States, Mexico and India and sells its products around the globe. Its products include power transformers, furnace transformers, converter transformers, regulating transformers, multi-pulse transformers, distribution transformers, pad mounted transformers and unitized substations. Its converter transformers are used in industries such as cement and steel plants, and other related applications. It serves various industries, including renewable energy, commercial infrastructure and industrial markets. It offers a variety of transformer and reactor solutions for the solar and wind energy market.

TSX:HPS.A - Post by User

Hammond Power Solutions Inc > linkedIN post by a US competitor

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Comment by Catscratchon Dec 21, 2022 8:41am

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Post# 35184153

RE:RE:RE:linkedIN post by a US competitor

Issuing shares seems totally unnecessary and would be a dumb capital allocation decision. This organic investment looks smart and probably has a high ROI. My guess is we also see a dividend increase after the next board meeting.

....separately, in an ideal world the CEO never sells a share until he retires but my guess is Bill needs to sell a little stock periodically because all of his net worth is in Hammond and he doesn't like to borrow against his stock.

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