Multiple insider selling at Cascades (CAS)

Multiple insider selling at Cascades (T:CAS)

Mario Plourde, CEO and Director, disposed of 53,956 Common Shares on a direct ownership basis at prices ranging from $11.730 to $12.130 between May 12th, 2023 and May 15th, 2023. This represents a $648,253 divestment of the company's shares and an account share holdings change of -14.0%.

Allan Hogg, CFO, disposed of 33,877 Common Shares on a direct ownership basis at a price of $12.000 on May 15th, 2023. This represents a $406,524 divestment of the company's shares and an account share holdings change of -25.1%.

Robert F. Hall, a Senior Officer, disposed of 25,123 Common Shares on a direct ownership basis at a price of $11.740 on May 12th, 2023. This represents a $294,944 divestment of the company's shares and an account share holdings change of -7.5%.

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

Cascades Inc. is a Canada-based paper and packaging company. The Company produces, converts, and sells packaging and tissue products composed primarily of recycled fibers. The Company's operations are managed in three segments: Containerboard and Specialty Products (which constitute the Corporations Packaging Products) and Tissue Papers. The Containerboard segment is a manufacturer of containerboard and converter of corrugated products in North America. The Specialty Products Group manufactures industrial and food packaging products. The Tissue Papers segment manufactures tissue paper reels and converts them into finished products for the professional and residential markets. The Company also provides recycling solutions. The Company has approximately 80 operating facilities across Canada and the United States.