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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 Renews Normal Course Issuer Bid
Thursday, 15 Mar 2018 08:00am EDT 

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 06:30am EST 

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
Tuesday, 12 Dec 2017 04:05pm EST 

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 07:00am EST 

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
Tuesday, 28 Nov 2017 05:00pm EST 

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 06:30am EST 

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

Cascades second quarter adjusted earnings per share C$0.25
Thursday, 10 Aug 2017 07:30am EDT 

Aug 10 (Reuters) - Cascades Inc :Cascades announces second quarter 2017 results; continues to execute on strategic fronts.Q2 adjusted earnings per share C$0.25.Q2 earnings per share C$3.41.Q2 sales rose 13 percent to C$1.13 billion.Q2 earnings per share view C$0.29 -- Thomson Reuters I/B/E/S.  Full Article

Cascades announces closure of its New York city plant
Wednesday, 9 Aug 2017 03:30pm EDT 

Aug 10 (Reuters) - Cascades Inc -:Cascades announces the closure of its new york city plant.Cascades Inc - ‍plant, which currently employs 148 people, will close no later than December 31, 2018​.Cascades - to close packaging plant in maspeth, new york, as part of corporation's modernization, optimization efforts in northeastern united states​.Cascades Inc - ‍New York city plant, which currently employs 148 people, will close no later than december 31, 2018​.Cascades Inc - will assess possibility of relocating interested employees to its other facilities.  Full Article

Cascades announces construction of new packaging plant in New Jersey
Thursday, 3 Aug 2017 08:00am EDT 

Aug 3 (Reuters) - Cascades Inc :Cascades announces the construction of a new packaging plant in new jersey.Cascades inc- ‍an investment of $80 million usd for construction of a new containerboard packaging plant in piscataway, new jersey, united states​.Cascades inc- ‍new plant will begin operations in q2 of 2018; total annual production capacity will be 2.4 billion square feet at plant​.  Full Article

Cascades reports Q1 earnings per share C$1.70
Wednesday, 10 May 2017 06:30am EDT 

May 10 (Reuters) - Cascades Inc : :Cascades announces first quarter 2017 results.Q1 adjusted earnings per share C$0.13.Q1 earnings per share C$1.70.Q1 sales C$1.006 billion.Q1 earnings per share view C$0.15 -- Thomson Reuters I/B/E/S.Cascades - expect results in near-term to benefit from recent price increases, declining raw material costs, improving market fundamentals in Europe.Cascades Inc - board of directors of cascades declared a quarterly dividend of $0.04 per share to be paid on June 1, 2017.  Full Article

BRIEF-Cascades Reports Qtrly Net Earnings Per Common Share Of $0.65

* CASCADES ANNOUNCES RESULTS FOR THE FIRST QUARTER OF 2018; STRONG CONTAINERBOARD FUNDAMENTALS DRIVING POSITIVE OUTLOOK FOR REMAINDER OF YEAR