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Bullboard - Stock Discussion Forum Supremex Inc T.SXP

Alternate Symbol(s):  SUMXF

Forest Products Paper & Paper Products
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 > This is what you do if you want to retire shares quickly
View:
Post by hawkowl1 on Feb 03, 2022 2:59pm

This is what you do if you want to retire shares quickly

CFF was trading at $1.76 when this news came out

Conifex offers to retire $9-million of shares at $2.25

 

2021-11-09 14:11 ET - News Release

 

Mr. Winny Tang reports

CONIFEX ANNOUNCES $9.0 MILLION SUBSTANTIAL ISSUER BID

Conifex Timber Inc.'s board of directors has approved a substantial issuer bid pursuant to which the company will offer to purchase from shareholders for cancellation up to 4.0 million of its outstanding common shares at a price of $2.25 per share for a total of $9.0-million. The purchase price represents a 28-per-cent premium over the closing price of the shares on the Toronto Stock Exchange on Nov. 8, 2021.

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Supremex Inc