Laurent Lemaire Buys 1,400 Shares of Cascades, Inc. (CAS) Stock
Cascades, Inc. (TSE:CAS) insider Laurent Lemaire purchased 1,400 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was bought at an average price of C$14.38 per share, for a total transaction of C$20,132.00.
Shares of Cascades, Inc. (TSE:CAS) traded down C$0.03 during trading on Friday, reaching C$14.18. 155,129 shares of the company’s stock traded hands, compared to its average volume of 244,004. Cascades, Inc. has a one year low of C$11.44 and a one year high of C$18.20.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Friday, December 1st were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Tuesday, November 21st. Cascades’s payout ratio is 3.44%.
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Cascades Company Profile
Cascades Inc (Cascades) is a Canada-based company that produces, converts and markets packaging and tissue products consisting of recycled fibers. The Company operates through four segments: Containerboard, Boxboard Europe, Specialty Products (which constitutes the Company’s Packaging Products) and Tissue Papers.
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