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Bernard Lemaire selling at Cascades (T:CAS)

Updated Friday Feb 17, 2017 02:27 AM EDT
Bernard Lemaire, a 10% Holder, disposed of 100,000 Common Shares on an indirect ownership basis for registered holder Gestion Bernard Lemaire inc. at prices ranging from $13.420 to $13.510 on February 14th, 2017. This represents a $1,349,029 divestment of the company's shares and an account share holdings change of -0.9%.

Cascades is in the Paper Packaging Sub Industry Group under the Basic Materials Sector.

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. The Containerboard segment is a manufacturer of containerboard and converter of corrugated products in North America. The Boxboard Europe segment is engaged in manufacturing coated boxboard in Europe. The Specialty Products Group manufactures industrial packaging, consumer packaging products, and is also involved in recovery and recycling. The Tissue Papers segment operates units that manufacture and convert tissue papers for the Away-from-Home and consumer products markets. In Europe, Cascades operates the La Rochette mill in France that produces coated boxboard made of virgin fiber, with a total annual production capacity of approximately 165,000 metric tons.

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