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Bullboard - Stock Discussion Forum Superior Plus Corp T.SPB

Alternate Symbol(s):  SUUIF

Superior Plus Corp. is a Canada-based distributor of propane, compressed natural gas, renewable energy and related products and services. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, it delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers. Its segments include U.S. Retail Propane Distribution (U.S... see more

TSX:SPB - Post Discussion

Superior Plus Corp > SPB buys back 5.3 million shares in Nov
View:
Post by claritas on Dec 06, 2024 7:36pm

SPB buys back 5.3 million shares in Nov

According to RBC the Company bought back 5.3 million shares as per a SEDI report.  They are doing what they said they would do....
Comment by rockmstockm on Dec 09, 2024 12:35am
Insider Name: Superior Plus Corp.   Insider Relationship: 1 - Issuer   Ceased to be Insider: Not Applicable     2024-11-29 Common Shares   256,700        
Comment by rockmstockm on Dec 09, 2024 12:37am
256000 shares reported on Sedi.ca which is far short of 5.3 million shares
Comment by claritas on Dec 09, 2024 8:38am
Try INK Research from Nov 21 to 29.  I did not add up each day, but looks like 5.4 million shares bought back.  256K shares looks like just one day of activity as there were a few with 256K.  This one day with 1.3 million and one with 1.4 million.
Comment by junglejames on Dec 09, 2024 9:17am
SEDI shows that 5,045,720 shares have been cancelled this past month, and that a balance of 256,700 shares remains in the account from the total purchases of 5,302,420.   (I used "date of filing" and a Date range of November 1 to December 9 as search criteria).
Comment by himmler on Dec 10, 2024 10:06pm
They sure didn't waste time getting their shares in what's left of this year's trading.
Comment by 1condor on Dec 11, 2024 11:39am
That is very encourgaging. You shareholders should see this as a big positive.
Comment by newcoin on Dec 13, 2024 8:25am
SPB should be ashamed of itself, the way they treated shareholdwers. A lot of loyal people lost a lot of funds believing their lies. There's a special place in the afterlife for them. God's speed.
Comment by Freezerburn on Dec 13, 2024 8:36am
How's your lawsuit coming along?
Comment by himmler on Dec 13, 2024 10:44am
Lol...newcoins lawyers are moving right along.Sour grapes from someone that should have sold long ago. Granted,no winners here but some shouldn't be in the stock matket and Newcoins one of them. Live and learn( although some never do) One can use this as a tax loss,but I suspect many posters aren't in that position..that's why shifting blame makes them feel better. Nobody forced people ...more  
Comment by Shylock40 on Dec 17, 2024 10:51am
We have been tax loss selling this stock for 5 years while price continued to fall, lol. Who cares that they bought back 5.3 million shares given value destruction that occurred... BAM will play this like a fiddle and take out below $4 to put suffering shareholders out of misery. Sell and buy REITs (AX-UN or HR-UN)... atleast you get a sizable MONTHLY dividend w/ NAV at 50% of actual value ...more