Consolidated sales for the quarter ended April 30,2023, were $10.3 million, compared to $13.4 million in the prior year, a decrease of $3.1 million or 23.1%. The decrease in sales was largely related to lower volumes in certain sectors due to delays in program kickoffs. Consolidated sales for the nine months ended April 30,2023 were $35.8 million, compared to $38.9 million in the prior year, a decrease of $3.1 million or 8.0%
(Windsor, Ontario – March 9, 2023) – Reko International Group Inc. (TSX-V: REKO) today announced results for its second quarter ended January 31, 2023.
Consolidated sales for the quarter ended January 31, 2023, were $11.7 million, compared to $13.4 million in the prior year, a decrease of $1.7 million or 13%. The decrease in sales was largely related to a delay in project kick offs. Year to date sales for fiscal 2023 were $25.4 million, compared to $25.5 million in the previous fiscal year.
(Lakeshore, Ontario – January 5, 2023) – Reko International Group Inc. (TSX-V: REKO) announced today the approval of a normal course issuer bid for 286,420 of its outstanding common shares.
The notice provides that Reko may, during the 12-month period commencing January 9, 2023 and ending January 8, 2024, purchase on the TSX Venture Exchange up to a total of 286,420 of its common shares, being approximately 5% of the outstanding common shares. Matthew Larose of National Bank Financial will be the Member acting on behalf of Reko. The price that Reko will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by Reko. All purchased shares will be cancelled. There are 5,728,413 common shares of Reko outstanding as of today.
(Windsor, Ontario – December 1, 2022) – Reko International Group Inc. (TSX-V: REKO) today announced results for its first quarter ended October 31, 2022.
(Windsor, Ontario – October 13, 2022) – Reko International Group Inc. (TSX-V: REKO) today announced results for its fourth quarter and year ended July 31, 2022.
(Windsor, Ontario – June 9, 2022) – Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended April 30, 2022.
(Windsor, Ontario – March 10, 2022) – Reko International Group Inc. (TSX-V: REKO) today announced results for its quarter ended January 31, 2022.
(Lakeshore, Ontario – January 31st, 2022) – Reko International Group Inc. (TSX-V:REKO) announced today that Roy Verstraete has been appointed as the newest member of its Board of Directors. Mr. Verstraete brings years of manufacturing leadership experience. He most recently led Anchor Danly as President and CEO through a period of significant growth and financial success. His additional experience in mergers and acquisitions, and as a chair and board member on a variety of boards make him a strong addition to our Reko International Group team.
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(Lakeshore, Ontario – December 28, 2021) – Reko International Group Inc. (TSX-V:REKO) announced today the approval of a normal course issuer bid for 300,837 of its
outstanding common shares.
The notice provides that Reko may, during the 12-month period commencing December 31, 2021 and ending December 30, 2022, purchase on the TSX Venture Exchange up to a total of 300,837 of its common shares, being approximately 5% of the outstanding common shares. Matthew Larose of National Bank Financial will be the Member acting on behalf of Reko. The price that Reko will pay for any such shares will be the market price at the time of acquisition. The actual number of common shares which may be purchased and the timing of any such purchases will be determined by Reko. All purchased shares will be cancelled. There are 6,016,750 common shares of Reko outstanding as of today.
A shareholder may receive a copy of Form 5G, Notice of Intention to Make a Normal Course Issuer Bid by contacting the Company via e-mail at irelations@rekointl.com; or, by writing to the Company, Attention: Investor Relations, 469 Silver Creek Industrial Drive, Lakeshore, Ontario N8N 4W2. Reko believes that its common shares have been trading in a price range, which does not reflect their value in relation to Reko’s business and its future business prospects.
As a result, depending upon future price movements and other factors, Reko believes that its outstanding common shares represent an attractive investment and a desirable use of a portion of its available funds.
(Windsor, Ontario – December 2, 2021) – Reko International Group Inc. (TSX-V: REKO) today announced results for its first quarter ended October 31, 2021.
Consolidated sales for the quarter ended October 31, 2021, were $12.1 million, compared to $6.8 million in the prior year, an increase of $5.2 million or 76.9%. Sales volumes during the quarter showed a strong improvement, particularly compared to those during the first quarter of the previous fiscal year when the COVID-19 pandemic had a significant negative impact on the Company’s ability to secure new sales. The recent opening of the Canada-U.S. border to vaccinated individuals has permitted customers to attend the Company’s facilities for buy off of equipment, which has had a positive effect on fiscal Q1 sales.
(Windsor, Ontario – October 18, 2021) – Reko International Group Inc. (TSX-V: REKO) is pleased to announce the upcoming payment of a special cash dividend of $0.25 per share to all shareholders of record on November 2, 2021, with a payment date of December 2, 2021 to coincide with its Annual General Meeting.
(Windsor, Ontario – October 14, 2021) – Reko International Group Inc. (TSX-V: REKO) today announced results for its fourth quarter and year ended July 31, 2021.
Consolidated sales for the fourth quarter of 2021 were $9.0 million compared to $11.4 million in the same period last year, a decrease of $2.4 million, or 21.1%. Consolidated sales for the year ended July 31, 2021 were $39.2 million, compared to $40.2 million in the prior year, a decrease of $1.0 million or 2.5%.
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