Doman Building Materials Group Ltd CWXZF

Primary Symbol: T.DBM

Consumer Cyclical Home Furnishings & Fixtures

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

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Doman Building Materials Group Ltd

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Post by Red_Deeron Nov 25, 2024 1:24pm

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Post# 36329484

,,,,,,,,,,,,,,,,3.5 Year ALL TIME HIGH.......Gets CLOSER

Long Term HOLDERS Will Recall that Doman did a BOUGHT DEAL @ $10
on the Coat Tails of the ALL TIME Highs at End of April, 2021.

So With TODAY High of the Day @ 9.83 the LONG SUFFERING Buyers
of that Bough Deal WOULD BE in the GREEN NOW__Taking InTo ACCOUNT
the DIVIDENDS Received SINCE the $10 OFFERING.

Q2 2021 Business Highlights:

May 10, 2021, the Company completed a private placement offering of $325 million aggregate principal amount of 5.25% senior unsecured notes due May 15, 2026.
May 11, 2021, the Company completed a bought deal equity offering at a price of $10.00 per common share, for aggregate gross proceeds of $86.2 million.
May 27, 2021, the Company announced its corporate name change to Doman Building Materials Group Ltd. with the ticker symbol “DBM” to commence trading effective May 31, 2021, on the Toronto Stock Exchange.
June 4, 2021, the Company completed the acquisition of Hixson Lumber Sales, resulting in significant expansion in Doman’s operational footprint, distribution network and reach in the Central U.S., by adding 19 lumber treating plants, five specialty sawmills and a captive trucking fleet.
June 4, 2021, the Company amended its existing senior credit facility with Wells Fargo Capital Finance, increasing the revolving credit limit from $360 million to $500 million.
June 22, 2021, the Company completed the acquisition of Fontana Wholesale and Lumber and Wood Preserving, adding fire retardant treating along with an almost doubling of overall capacity in Doman’s operations in Southern California.