Friday, November 18, 2016

Saputo Inc. - SAP.t

Saputo Inc. - SAP.t produces, markets, and distributes a wide array of dairy products of the best quality, including cheese, fluid milk, extended shelf-life milk and cream products, cultured products and dairy ingredients.

Saputo is the one of the finest dairy processors in the world, the largest in Canada, the third in Argentina and the fourth in Australia. In the US, the Company ranks among the top three cheese producers and is one of the largest producers of extended shelf-life and cultured dairy products.

On November 10, 2016 the company released News
"Saputo Inc. (TSX: SAP) (Saputo or the Company) announced today it may purchase for cancellation up to 1,000,000 of its common shares pursuant to private agreements with an arm's-length third-party seller. The common shares so purchased would be counted towards the 19,547,976 common shares Saputo is entitled to repurchase for cancellation under its normal course issuer bid announced on November 12, 2015.