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 through two segments: the manufacturing and sale of envelopes and the... see more

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TSX:SXP - Post Discussion

Supremex Inc > Capital Allocation

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Post by DanielDarden123 on Mar 20, 2022 11:48am

Capital Allocation

“We reviewed our capital allocation strategy through the lens of sustained year-over-year revenue and EBITDA growth, a substantial reduction in leverage over the past several quarters and an increasingly favorable outlook in the business. We believe a balanced approach to capital deployment including capex, acquisitions, share buybacks and dividends is an attractive combination for shareholders,” stated Stewart Emerson, President & CEO of Supremex (From Jan. 6/22 Press Release)

My Take: It is quite apparent that management was provided latitude by the Board to make capital deployment decisions that were most accretive to shareholders. Of course, decisions are made based on information which is available at the time.

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Comment by DanielDarden123 on Mar 23, 2022 11:42am

Why would anybody want to micro manage a company without inside knowledge of the future capital requirements??? If an investor cannot trust the management and Board to make those decisions, he/she should be invested elsewhere.

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Supremex Inc