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Bullboard - Stock Discussion Forum Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

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... see more

TSX:SXP - Post Discussion

Supremex Inc > Outstanding shares are
View:
Post by divime1 on Aug 12, 2021 2:32pm

Outstanding shares are

now 27,001,169 .

The % of ownership of the 
Zucker fund increases weekly as SXP buys back shares . With the low float it is very attractive as a takeout or going private deal .

Using excess cash to reduce the float instead of bringing back the dividend points in that direction .
Comment by bucheroncapital on Aug 12, 2021 4:17pm
Agreed that is the best strategy for us shareholders a dividend is not in our interest at this point 
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