Option-related insider selling at Cascades (CAS)

Option-related insider selling at Cascades (T:CAS)

Mario Plourde, CEO and Director, disposed of 87,220 Common Shares on a direct ownership basis at a price of $13.500 on May 19th, 2020. This represents a $1,177,470 divestment of the company's shares and an account share holdings change of -29.5%.

Hugo D'Amours, a Senior Officer, disposed of 8,051 Common Shares on a direct ownership basis at prices ranging from $13.640 to $13.670 on May 20th, 2020. This represents a $109,876 divestment of the company's shares and an account share holdings change of -51.4%.


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

Cascades Inc. is a paper and packaging company that produces, converts and sells packaging and tissue products composed primarily 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.