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Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.


TSX:TBL - Post by User

Comment by Moneyman70on Aug 11, 2023 5:43pm
129 Views
Post# 35584711

RE:RE:Taiga benefits who?

RE:RE:Taiga benefits who?
I know the divvy was shared equally but most of it went to Tong which was my point.  Also the time between the div announcement and the record date was unusally short (around a week or so) which was by design.

They don't care about the filing fees and whatnot it's still cheaper to leave the structure as it is rather than buy out the float.  They don't even bother to exercise their buyback provision.

You have to understand this is really being run as a defacto private company.
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