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Bullboard - Stock Discussion Forum Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing... see more

TSX:TBL - Post Discussion

Taiga Building Products Ltd > 2022-earned 82 cents-where's the divi????
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Post by downwithdotcom1 on Feb 24, 2023 7:16pm

2022-earned 82 cents-where's the divi????

Q4 out - earned 9 cents , just one cent below Q4 2021 results which is always their softest quarter. For the year earned 82 cents..WHERE IS THE DIVIDEND????

whats the deal??? dwdc
Comment by pennydredful on Feb 27, 2023 10:39am
THey   want   to  buy   shares    thru    NCIB    so  want   to  discourage   small  shareholders    so   no dividend.  
Comment by downwithdotcom1 on Feb 27, 2023 1:53pm
from what??? if the major shareholder tries to take out TBL from the minority shareholders via a "creeping take-over" using the NCIB to obtain the minority shares ITS A NO GO..in fact the minority shares become even MORE valuable as they will now have equal weighting  in an "ISSUER BID" situation...see below simplist legal jargon that i could find...dwdc There is a ...more  
Comment by pennydredful on Apr 03, 2023 1:37pm
Its   not  "a no  go"   .  The  section   you  have  quoted   is   for   a 100%   issuer bid.   They   have   now    a   NCIB      which   they   may be  content  to   renew    ...more  
Comment by pennydredful on Apr 04, 2023 11:04am
As   you   can  see  only   a select   few    4   directors   got    a   "dividend"  . Should  work wonders for   the NCIB. 
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