Taiga Building Products Ltd TGAFF

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

[downwithdotcom1]

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

[pennydredful]

THey   want   to  buy   shares    thru    NCIB    so  want   to  discourage   small  shareholders    so   no dividend.  

[downwithdotcom1]

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

[pennydredful]

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   

[pennydredful]

As   you   can  see  only   a select   few    4   directors   got    a   "dividend"  . Should  work wonders for   the NCIB.