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.

TSX:SXP - Post by User

Supremex Inc > Financials

<< Previous

Bullboard Posts

Next >>

Comment by birderon Nov 07, 2024 9:09am

71 Views

Post# 36300682

RE:Financials

They generated $7.5M operating cashflows.

$1M went to dividends
$1.2M went to share buybacks.

As the sale-leaseback is a material change, they can't renew shares buybacks at the moment so increasing dividends is their way to return cashflow to shareholders.

They have more than enough cashflow to pay $1.25M per quarter in dividends.

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload