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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

Steel Steel
ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

ADF Group Inc > NCIB
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Comment by Hich1205on Dec 12, 2024 8:07am
107 Views
Post# 36358396

RE:NCIB

RE:NCIBIt's just a fancy way to say they may acquire shares through block trading ie. large transactions on a private basis with a seller since the limit for the repurshase is 34991 on the floor-public trading 

Overall, business is declining, backlog is shrinking but their margin are higher. Backlog is the main concern, the lowest since 2020
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