WINNIPEG, MB, March 24, 2025 /CNW/ - Winpak Ltd. (TSX: WPK) ("Winpak" or the "Corporation") announces today that the Toronto Stock Exchange (the "TSX") has accepted a notice filed by Winpak of its intention to renew its normal course issuer bid (the "NCIB") with respect to its outstanding common shares.

The notice provides that Winpak may, during the 12-month period commencing March 26, 2025, and ending no later than March 25, 2026, purchase through the facilities of the TSX and other alternative Canadian trading systems up to a maximum of 3,087,500 common shares in total, being 5.0 percent of the issued and outstanding shares of Winpak as of March 18, 2025. The price which Winpak will pay for any common shares will be the market price at the time of acquisition. During the period of this NCIB, Winpak may make purchases under the NCIB by means of open market transactions. The actual number of common shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by senior management of Winpak. The average daily trading volume from September 1, 2024 to February 28, 2025 was 55,047 common shares. Daily purchases under the NCIB will be generally limited to 13,761 common shares, other than block purchases. All shares purchased by Winpak under the NCIB will be cancelled.

WINNIPEG, MB, Feb. 27, 2025 /CNW/ - Winpak Ltd. (TSX: WPK) announces that at a meeting on February 27, 2025, the Company's Board of Directors declared a dividend of five cents (5 cents, Canadian currency) per share.  The dividend is payable on April 11, 2025, to shareholders of record at the close of business on April 1, 2025.

The Board of Directors is committed to sustainable growth in the quarterly dividend, targeting the achievement of a payout ratio of approximately 10 percent of net earnings attributable to equity holders of the Company within the next five years.

WINNIPEG, MB, Feb. 27, 2025 /CNW/ - Winpak Ltd. (WPK) today reports consolidated results in US dollars for the fourth quarter of 2024, which ended on December 29, 2024.

Quarter Ended

Year Ended (1)

December 29

December 31

December 29

December 31

2024

2023

2024

2023

(thousands of US dollars, except per share amounts)

Revenue

285,143

275,637

1,130,895

1,141,407

Net income

36,966

35,016

151,069

147,593

Income tax expense

15,580

13,244

58,867

52,200

Net finance income

(5,164)

(6,543)

(22,980)

(19,094)

Depreciation and amortization

13,793

11,922

52,831

47,834

Impairment loss on goodwill

1,000

-

1,000

-

EBITDA (2)

62,175

53,639

240,787

228,533

Net income attributable to equity holders of the Company

36,622

34,846

149,455

148,130

Net income (loss) attributable to non-controlling interests

344

170

1,614

(537)

Net income

36,966

35,016

151,069

147,593

Basic and diluted earnings per share (cents)

58

54

235

228

WINNIPEG, MB, Feb. 25, 2025 /CNW/ - Winpak Ltd. ("Winpak" or the "Company") proudly announces its exceptional achievement in its latest Carbon Disclosure Project (CDP) assessment. With an outstanding score of A-, for the third year in a row, Winpak reaffirms its vision to provide the best packaging solutions for people and planet by addressing climate-related challenges and fostering a greener future.

WINNIPEG, MB, Jan. 30, 2025 /CNW/ - Winpak Ltd. ("Winpak" or the "Company"), a manufacturer and distributor of high-quality packaging materials for perishable foods, beverages and healthcare, announced today that it has achieved a Silver Medal from EcoVadis - a global leader in business sustainability assessments.

Winpak's score places the Company in the top 15% globally for all assessed companies. The EcoVadis assessment evaluates 21 sustainability criteria across four core themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. More than 130,000 companies globally have been rated by EcoVadis.

TORONTO, Dec. 12, 2024 /CNW/ - Trading resumes in:

Company: Winpak Ltd.

TSX Symbol: WPK

All Issues: Yes

Resumption (ET): 1:30 PM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada..

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

TORONTO, Dec. 12, 2024 /CNW/ - The following issues have been halted by CIRO:

Company: Winpak Ltd.

TSX Symbol: WPK

All Issues: Yes

Reason: Pending News

Halt Time (ET): 12:56 PM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

WINNIPEG, MB, Dec. 12, 2024 /CNW/ - Winpak Ltd. (TSX: WPK) announces that at a meeting on December 12, 2024, the Company's Board of Directors declared a dividend of five cents (5 cents, Canadian currency) per share.  The dividend is payable on January 10, 2025, to shareholders of record at the close of business on January 2, 2025.

The Board of Directors is committed to sustainable growth in the quarterly dividend, targeting the achievement of a payout ratio of approximately 10 percent of net earnings attributable to equity holders of the Company within the next five years.

WINNIPEG, MB, Dec. 12, 2024 /CNW/ - Winpak Ltd. (TSX: WPK) announces that at a meeting on December 12, 2024, the Company's Board of Directors declared a special one-time dividend of three dollars (3 dollars, Canadian currency) per share. The dividend is payable on January 10, 2025, to shareholders of record at the close of business on January 2, 2025. 

Winpak Ltd. manufactures and distributes high-quality packaging materials and related packaging machines. The Company's products are used primarily for the protection of perishable foods and beverages, and in healthcare applications.

WINNIPEG, MB, Oct. 24, 2024 /CNW/ - Winpak Ltd. (WPK) today reports consolidated results in US dollars for the third quarter of 2024, which ended on September 29, 2024.

Quarter Ended

Year-To-Date Ended (1)

September 29

October 1

September 29

October 1

2024

2023

2024

2023

(thousands of US dollars, except per share amounts)

Revenue

285,473

273,790

845,752

865,770

Net income

39,309

33,824

114,103

112,577

Income tax expense

14,659

11,970

43,287

38,956

Net finance income

(5,710)

(5,033)

(17,816)

(12,551)

Depreciation and amortization

13,338

11,866

39,038

35,912

EBITDA (2)

61,596

52,627

178,612

174,894

Net income attributable to equity holders of the Company

38,486

33,991

112,833

113,284

Net income (loss) attributable to non-controlling interests

823

(167)

1,270

(707)

Net income

39,309

33,824

114,103

112,577

Basic and diluted earnings per share (cents)

61

52

177

174

WINNIPEG, MB, Aug. 9, 2024 /CNW/ - Winpak Ltd. (TSX: WPK) announces that at a meeting on August 9, 2024, the Company's Board of Directors declared a dividend of five cents (5 cents, Canadian currency) per share. The dividend is payable on October 11, 2024, to shareholders of record at the close of business on October 1, 2024.

The Board of Directors is committed to sustainable growth in the quarterly dividend, targeting the achievement of a payout ratio of approximately 10 percent of net earnings attributable to equity holders of the Company within the next five years.