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Stella-Jones Announces Normal Course Issuer Bid
Globenewswire· 2025-11-05 11:55
Core Viewpoint - Stella-Jones Inc. has received approval from the Toronto Stock Exchange to initiate a Normal Course Issuer Bid, allowing the company to repurchase up to 1,500,000 common shares over a 12-month period, representing approximately 2.7% of its outstanding shares [1][2]. Group 1: Share Repurchase Details - The repurchase will occur on the open market through the TSX, with a daily purchase limit of 22,955 common shares, which is 25% of the average daily trading volume of 91,822 shares [2]. - The company previously repurchased 1,101,732 common shares at a weighted average price of approximately $74.87 per share, totaling around $82.49 million during the prior 12-month period [3]. Group 2: Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [5]. - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties, among other products, to major electrical utilities and railway operators across North America [5].
REMINDER - Stella-Jones Will Hold a Conference Call to Discuss its Third Quarter Results
Globenewswire· 2025-11-04 12:00
Core Insights - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [4]. Group 1: Company Overview - Stella-Jones Inc. supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4]. - The company also provides industrial products such as timbers for railway bridges, crossings, construction, marine and foundation pilings, and coal tar-based products [4]. - A significant portion of Stella-Jones' business is dedicated to manufacturing and distributing premium treated residential lumber and accessories for outdoor applications, primarily servicing Canadian customers [4]. Group 2: Upcoming Events - A conference call is scheduled for November 5, 2025, at 10:00 AM Eastern Standard Time (EST), with a press release to be published before market opens on the same day [2][3]. - Participants are encouraged to log on or dial in 15 minutes prior to the conference, and a web recording will be available after the meeting [3].
Stella-Jones to Hold Investor Day
Globenewswire· 2025-10-28 11:00
Core Points - Stella-Jones Inc. will hold an investor day on November 20, 2025, for institutional investors and research analysts in Toronto, Ontario [1] - The event will start at 9 a.m. EST and conclude at 12 p.m. EST, with limited in-person attendance by invitation only [2] - Virtual attendance is available via a provided link, and attendees are encouraged to join at least 10 minutes early [2] - An investor presentation will be available on the Company's website on the morning of the event, with a replay of the webcast accessible afterward [3] Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [4] - The Company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators in North America [4] - Stella-Jones also manufactures industrial products such as timbers for railway bridges and marine pilings, and distributes premium treated residential lumber to Canadian and American retailers [4]
Stella-Jones Announces Two Appointments to Board of Directors
Globenewswire· 2025-10-20 11:00
Core Insights - Stella-Jones Inc. has appointed Ms. Renée Laflamme and Mr. Sean Donnelly to its Board of Directors, increasing the total number of board members to ten [5]. Group 1: Appointees' Backgrounds - Ms. Renée Laflamme has over 25 years of experience in financial services and insurance, currently serving as Executive Vice President at iA Financial Group, where she oversees growth strategy and operations [2]. - Mr. Sean Donnelly has extensive experience in innovation, technology, and manufacturing, notably as President and CEO of ArcelorMittal Dofasco from 2014 to 2021, focusing on operational excellence and sustainability [3]. Group 2: Company Overview - Stella-Jones Inc. is a leading North American manufacturer of products essential for infrastructure, supplying treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railroad operators [6]. - The company also provides industrial products for railway bridges and marine applications, along with premium treated residential lumber for outdoor use, primarily servicing Canadian customers through its distribution network [6]. Group 3: Board Chair's Statement - Katherine A. Lehman, Chair of the Board, expressed confidence that the new appointees will enhance the Board's effectiveness and support the company's long-term success, aligning with Stella-Jones' evolving priorities [4].