Tranche Update on Richards Packaging Income Fund (TSX:RPI.UN)'s Equity Buyback Plan announced on March 5, 2021.
July 29, 2021 at 05:11 pm EDT
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From April 1, 2021 to June 30, 2021, the company has repurchased 25,000 shares, representing 0.22% for CAD 1.63 million. With this, the company has completed the repurchase of 25,000 shares, representing 0.22% for CAD 1.63 million under the buyback announced on March 5, 2021.
Richards Packaging Income Fund (the Fund) is a Canada-based company. The Fund owns Richards Packaging Inc. (Richards Packaging), which serves a range of customer bases throughout North America comprised of approximately 17,000 regional food, beverage, cosmetics, healthcare, and other enterprises. Richards Packaging specializes in the design, manufacture, and distribution of packaging solutions in both glass and plastic containers and closures for a variety of markets. It is engaged in the distribution of approximately 8,000 different types of packaging components and healthcare products that are sourced from over 900 suppliers and three manufacturing facilities. It sources products from glass and plastic companies both in raw materials and in finished goods. Richards Packaging services include global sourcing, inventory management, manufacturing, and packaging 101.
RICHARDS PACKAGING INCOME FUND 
