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Cascades Inc (CAS.TO)

CAS.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cascades Announces Winning Bid At Auction For The Acquisition Of Orchids Paper Products Assets
Friday, 28 Jun 2019 

June 28 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES WINNING BID AT AUCTION FOR THE ACQUISITION OF ORCHIDS PAPER PRODUCTS ASSETS.CASCADES INC - TRANSACTION WILL BE COMPLETED FOR A CASH CONSIDERATION OF US$207 MILLION.CASCADES INC - ORCHIDS PAPER HAS INVESTED MORE THAN US$240 MILLION IN ITS ASSETS AND STRATEGIC SUPPLY ARRANGEMENT WITH FABRICA OVER PAST FIVE YEARS..CASCADES INC - CASCADES AGREEMENT IS SUBJECT TO APPROVAL BY BANKRUPTCY COURT AT A HEARING SCHEDULED FOR JULY 1.  Full Article

Cascades Renews Its Normal Course Issuer Bid
Thursday, 14 Mar 2019 

Cascades Inc ::CASCADES RENEWS ITS NORMAL COURSE ISSUER BID.CASCADES - NOTICE WILL ENABLE CO TO ACQUIRE UP TO 1.9 MILLION SHARES WHICH REPRESENTS ABOUT 2% OF ISSUED & OUTSTANDING COMMON SHARES AS OF MARCH 7.  Full Article

Cascades Increases Financial Flexibility With A 7-Year Term Loan Facility
Saturday, 22 Dec 2018 

Dec 21 (Reuters) - Cascades Inc ::CASCADES INCREASES FINANCIAL FLEXIBILITY WITH THE ADDITION OF A SEVEN YEAR TERM LOAN FACILITY.CASCADES INC - TERM LOAN PROVIDES COMPANY WITH INCREASED FINANCIAL FLEXIBILITY AND WILL REDUCE FINANCING COSTS.CASCADES INC - HAS INCREASED ITS AUTHORIZED CREDIT FACILITY TO ABOUT CAN$1 BILLION TO INCORPORATE ADDITION OF A US$175 MILLION 7-YEAR TERM LOAN.CASCADES-TERM LOAN, WHICH CAN BE REPAID AT ANY TIME, WILL BE USED TO REPAY CERTAIN OF CO'S OUTSTANDING BORROWINGS UNDER ITS EXISTING CREDIT FACILITY.  Full Article

Cascades Q3 Earnings Per Share C$0.38
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES SOLID RESULTS FOR THE THIRD QUARTER OF 2018.Q3 ADJUSTED EARNINGS PER SHARE C$0.40.Q3 EARNINGS PER SHARE C$0.38.Q3 SALES C$1.172 BILLION VERSUS I/B/E/S VIEW C$1.18 BILLION.Q3 EARNINGS PER SHARE VIEW C$0.38 -- THOMSON REUTERS I/B/E/S.CASCADES- EXPECT SOLID MARKET CONDITIONS TO CONTINUE DRIVE RESULTS IN CONTAINERBOARD BUSINESS WITHIN FRAMEWORK OF SOFTER SEASONAL DEMAND TYPICAL OF Q4.  Full Article

Cascades Renews Normal Course Issuer Bid
Thursday, 15 Mar 2018 

March 15 (Reuters) - Cascades Inc ::CASCADES RENEWS ITS NORMAL COURSE ISSUER BID.CASCADES INC - PURCHASES PURSUANT TO NORMAL COURSE ISSUER BID WILL COMMENCE ON MARCH 19, 2018 AND WILL NOT CONTINUE BEYOND MARCH 18, 2019.  Full Article

Cascades Announces Q4 Earnings Per Share C$0.60
Thursday, 1 Mar 2018 

March 1 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES STRONG ANNUAL NET EARNINGS FOR 2017, AND RELEASES RESULTS FOR THE FOURTH QUARTER OF 2017.Q4 EARNINGS PER SHARE C$0.60.QTRLY SALES OF $1,082 MILLION COMPARED TO $1,103 MILLION IN Q3.Q4 EARNINGS PER SHARE VIEW C$0.23 -- THOMSON REUTERS I/B/E/S.QTRLY ADJUSTED EARNINGS PER SHARE $0.14.QTRLY DILUTED EARNINGS PER SHARE $0.58.US 2017 TAX REFORM REDUCES FUTURE TAX LIABILITIES BY $57 MILLION IN QUARTER.  Full Article

Cascades Announces Early Tender Results Of Cash Tender Offers For 5.5% And 5.75% Senior Notes
Wednesday, 13 Dec 2017 

Dec 12 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES EARLY TENDER RESULTS OF CASH TENDER OFFERS FOR ITS 5.500% SENIOR NOTES DUE 2022 AND 5.750% SENIOR NOTES DUE 2023.  Full Article

Cascades Acquires Containerboard Packaging Plants In Ontario And Increases Its Ownership In Greenpac
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Cascades Inc ::CASCADES ACQUIRES CONTAINERBOARD PACKAGING PLANTS IN ONTARIO AND INCREASES ITS OWNERSHIP IN GREENPAC.CASCADES INC - ‍TOTAL COST OF TRANSACTION AMOUNTS TO $49 MILLION​.CASCADES INC - ‍CONTAINERBOARD PACKAGING PLANTS WERE ACQUIRED FOR A CONSIDERATION OF $28 MILLION, INCLUDING AN ASSUMED DEBT OF $4 MILLION​.CASCADES INC - ‍ALSO ACQUIRED COYLE FAMILY'S 33% STAKE IN TENCORR​.CASCADES INC - ‍ALSO ACQUIRED ADDITIONAL INTEREST IN CONTAINERBOARD PARTNERS, ONE OF GREENPAC'S SHAREHOLDERS, INCREASING HOLDINGS IN GREENPAC TO 66.1%.  Full Article

Cascades Announces Cash Tender Offers
Wednesday, 29 Nov 2017 

Nov 28 (Reuters) - Cascades Inc ::CASCADES ANNOUNCES CASH TENDER OFFERS FOR UP TO US$200 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 5.500% SENIOR NOTES DUE 2022 AND 5.750% SENIOR NOTES DUE 2023.CASCADES INC - ‍TENDER OFFERS WILL EACH EXPIRE AT 9:00 AM NEW YORK CITY TIME, ON DEC 27​.CASCADES INC - ‍TENDER OFFER WITH RESPECT TO 2022 NOTES IS SUBJECT TO A MAXIMUM AGGREGATE PRINCIPAL AMOUNT SUBLIMIT OF US$150 MILLION​.  Full Article

Cascades announces Q3 earnings per share C$0.35
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Cascades Inc :Cascades announces third quarter 2017 results; approaches target debt leverage ratio.Q3 adjusted earnings per share C$0.20.Q3 earnings per share C$0.35.Q3 sales C$1.103 billion versus I/B/E/S view C$1.18 billion.Q3 earnings per share view C$0.26 -- Thomson Reuters I/B/E/S.  Full Article