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Converge Technology Solutions Corp T.CTS

Alternate Symbol(s):  CTSDF

Technology Information Technology Services
Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.


TSX:CTS - Post by User

Converge Technology Solutions Corp > Busy April...2,200,000...Is The Number...Wow!
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Post by Digger0144on May 07, 2024 1:00pm
152 Views
Post# 36027086

Busy April...2,200,000...Is The Number...Wow!

Busy April...2,200,000...Is The Number...Wow!Redemption...Retraction...Cancellation...Repurchase...Lovely.

This is factual information that is available for free on Canadian Insider, I will post a link which clearly demonstrates the health of the balance sheet.

Management purchased a total of 2,200,000 shares in the month of April, 2024 for Cancellation.  From April 18, 2024 to April 30, 2024 purchased 900,000 shares...price range from $5.42 to $5.71.  Canadian Insider only lists the last 10 transaction for free..anything over that will require the purchase of an account...not required.

Converge Technology Solutions Corp. CTS Stock Quotes and Insider News | Canadian Insider

I was in there buying and accumulated a significant amount of shares alongside them.  Obviously, they determined that purchasing the shares on the open market was one of the best uses for the available free cash flow...they saw value...so did I.

I feel very confident that all is well and the share price should begin to grind higher as future quarters confirm the transformation process.

All Looks Good!
Stay Tuned!

All the Best!
Digger0144



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