FAQ
Frequently Asked Questions
Shares
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What is the Company’s ticker symbol and where are the shares traded?The Saputo ticker symbol is SAP on the Toronto Stock Exchange (TSX).Where can I get historical share prices?Please visit the Stock Information section.Does Saputo have a direct share purchase program?Saputo does not sell shares directly. Please contact your broker to purchase shares.Does Saputo issue preferred shares?There are currently no preferred shares outstanding. Preferred shares may be issued from time to time in one or more series.When was the Company’s last stock split?On August 5, 2014, the Board of Directors declared a stock dividend of one common share of Saputo per each issued and outstanding common share effective September 29, 2014, which has the same effect as a two-for-one stock split of Saputo’s outstanding common shares.What is the CUSIP number for Saputo shares?Saputo’s common stock CUSIP is 802912105.Who is the transfer agent and registrar for Saputo?Computershare Trust Company of Canada
1500, Robert-Bourassa Blvd., Suite 700
Montréal, Québec Canada H3A 3S8
Telephone: 514-982-7888
service@computershare.comWho are the external auditors for Saputo?The external auditors are KPMG LLP.When is the next Annual Meeting of Shareholders?A list of upcoming events, including the Company’s Annual Meeting of Shareholders, is available in the Calendar of Events section.How can I purchase shares in the US?The Company is not listed on any US stock exchange. Saputo shares can only be purchased through the Toronto Stock Exchange. Please contact your broker for assistance and further inquiries.
1500, Robert-Bourassa Blvd., Suite 700
Montréal, Québec Canada H3A 3S8
Telephone: 514-982-7888
service@computershare.comWho are the external auditors for Saputo?The external auditors are KPMG LLP.When is the next Annual Meeting of Shareholders?A list of upcoming events, including the Company’s Annual Meeting of Shareholders, is available in the Calendar of Events section.How can I purchase shares in the US?The Company is not listed on any US stock exchange. Saputo shares can only be purchased through the Toronto Stock Exchange. Please contact your broker for assistance and further inquiries.
Financial Reporting
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When is the Company’s fiscal year-end?The fiscal year-end is March 31.When does Saputo release its next financial results?A list of upcoming events, including financial result releases, is available in the Calendar of Events section.Can individual investors listen to quarterly earnings conference calls?Yes. The quarterly earnings conference calls are broadcast live and accessible by phone or webcast. They are then available for replay for one week following the broadcast and the webcasts are archived on the Company’s website in the Calendar of Events section.How can I access regulatory filings?All financial reports and filings are available in the Shareholder Reports section.How can I get a copy of the Annual Report?Saputo favours a paperless approach to distributing its Annual Report. You can download a copy here.What is the official accounting currency and accounting standard of Saputo?The Company’s official accounting currency is the Canadian dollar. Saputo is a corporation listed on a Canadian stock exchange and prepares its financial statements in accordance with International Financial Reporting Standards (IFRS).Does Saputo file any disclosure documents with the United States Securities and Exchange Commission (SEC)?No. Saputo is not listed on any US stock exchange and is not required to file any disclosure documents with the SEC. Saputo files disclosure documents in Canada only as a publicly traded company on the Toronto Stock Exchange.
Dividends
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Does Saputo pay a quarterly dividend?Yes. For more information on The Company’s dividend history, as well as the declaration and payment of dividends, please visit the Dividends section.Does Saputo have a dividend reinvestment plan (DRIP)?Saputo has a dividend reinvestment plan (DRIP). For more information, please visit the DRIP section.
Corporate
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Where are the Saputo Corporate Headquarters located?The Saputo Corporate Headquarters are located in Montréal, Canada.
Saputo Inc.
6869 Métropolitain Blvd. East
Montréal, Québec, H1P 1X8
CanadaWhen was the Company founded?Saputo was founded in 1954.When was Saputo incorporated?Saputo Inc. was constituted by a Certificate of Amalgamation issued pursuant to the provisions of the Canada Business Corporations Act on July 1, 1992.Who is the principal shareholder?Jolina Capital Inc. is the principal shareholder. For more information, please consult the Management Information Circular in the Shareholder Reports section.Where do I find information on executive and director compensation?Executive and director compensation information is published in the Management Information Circular available in the Shareholder Reports section.What is the role of the Audit Committee?The audit committee is a standing committee of the Board of Directors. Its responsibilities include overseeing financial disclosure, risk management and internal controls and internal and external auditors. It is made up of a minimum of three independent directors. The chair is appointed by the Board for a one-year term, which may be renewed.What are the Company’s different business divisions?Saputo operates through its Canada Sector, USA Sector, International Sector and Europe Sector. The Canada Sector consists of the Dairy Division (Canada), which produces a variety of cheeses, dairy and non-dairy products and dairy ingredients, including fluid milk, cream and yogurt. The USA Sector operates through the Dairy Division (USA), which produces a variety of cheeses, dairy and non-dairy extended shelf-life products, cultured products and dairy ingredients. The International Sector includes the Dairy Division (Australia) and the Dairy Division (Argentina). Through these divisions, Saputo produces a variety of cheeses and dairy ingredients. The Europe Sector consists of the Dairy Division (UK), which produces, markets and distributes a variety of cheeses, butter, spreads, oils and value-added dairy ingredients.
Please visit the Products section to learn more.How many employees does Saputo have?Saputo has approximately 18,600 employees across its five divisions.What is the Company’s Corporate Responsibility Policy?The Corporate Responsibility Policy is based on the Saputo Promise which consists of 7 Pillars that form the backbone of its approach to social, environmental, and economic performance. Based on the Company’s business values and stakeholder concerns, the Pillars allow Saputo to focus its efforts where it matters. The 7 Pillars are: Food Quality and Safety, People, Business Ethics, Responsible Sourcing, Environment, Nutrition and Healthy Living, and Community. The Promise covers the Company’s commitment to products made to high industry standards for safety, nutritional value, and quality for its customers and consumers, a healthy and safe environment for its employees, strong business ethics and values, responsible sourcing and animal welfare, environmental sustainability and the importance of nutrition and healthy living.
Please visit the Saputo Promise section for more information.How does Saputo ensure compliance to industry animal welfare standards?Saputo has zero tolerance for any act of animal cruelty. Our Animal Welfare Policy
ensures compliance with animal care standards through industry regulations and codes of practice, animal care assessment programs, and awareness and training programs.
The Company’s global Animal Welfare Committee oversees compliance to its standards, with members representing each country where Saputo has operations. Led by veterinarian Warren Skippon, Director of Animal Welfare, it is comprised of Saputo internal senior leaders from Governmental Affairs, Milk Procurement, Corporate Communications and Sales. This committee enables the Company to stay at the forefront of animal welfare best practices.
What credit ratings does Saputo have?For information on the Company’s credit ratings, please consult the Annual Information Form in the Shareholder Reports section.
Saputo Inc.
6869 Métropolitain Blvd. East
Montréal, Québec, H1P 1X8
CanadaWhen was the Company founded?Saputo was founded in 1954.When was Saputo incorporated?Saputo Inc. was constituted by a Certificate of Amalgamation issued pursuant to the provisions of the Canada Business Corporations Act on July 1, 1992.Who is the principal shareholder?Jolina Capital Inc. is the principal shareholder. For more information, please consult the Management Information Circular in the Shareholder Reports section.Where do I find information on executive and director compensation?Executive and director compensation information is published in the Management Information Circular available in the Shareholder Reports section.What is the role of the Audit Committee?The audit committee is a standing committee of the Board of Directors. Its responsibilities include overseeing financial disclosure, risk management and internal controls and internal and external auditors. It is made up of a minimum of three independent directors. The chair is appointed by the Board for a one-year term, which may be renewed.What are the Company’s different business divisions?Saputo operates through its Canada Sector, USA Sector, International Sector and Europe Sector. The Canada Sector consists of the Dairy Division (Canada), which produces a variety of cheeses, dairy and non-dairy products and dairy ingredients, including fluid milk, cream and yogurt. The USA Sector operates through the Dairy Division (USA), which produces a variety of cheeses, dairy and non-dairy extended shelf-life products, cultured products and dairy ingredients. The International Sector includes the Dairy Division (Australia) and the Dairy Division (Argentina). Through these divisions, Saputo produces a variety of cheeses and dairy ingredients. The Europe Sector consists of the Dairy Division (UK), which produces, markets and distributes a variety of cheeses, butter, spreads, oils and value-added dairy ingredients.
Please visit the Products section to learn more.How many employees does Saputo have?Saputo has approximately 18,600 employees across its five divisions.What is the Company’s Corporate Responsibility Policy?The Corporate Responsibility Policy is based on the Saputo Promise which consists of 7 Pillars that form the backbone of its approach to social, environmental, and economic performance. Based on the Company’s business values and stakeholder concerns, the Pillars allow Saputo to focus its efforts where it matters. The 7 Pillars are: Food Quality and Safety, People, Business Ethics, Responsible Sourcing, Environment, Nutrition and Healthy Living, and Community. The Promise covers the Company’s commitment to products made to high industry standards for safety, nutritional value, and quality for its customers and consumers, a healthy and safe environment for its employees, strong business ethics and values, responsible sourcing and animal welfare, environmental sustainability and the importance of nutrition and healthy living.
Please visit the Saputo Promise section for more information.How does Saputo ensure compliance to industry animal welfare standards?Saputo has zero tolerance for any act of animal cruelty. Our Animal Welfare Policy
ensures compliance with animal care standards through industry regulations and codes of practice, animal care assessment programs, and awareness and training programs.
The Company’s global Animal Welfare Committee oversees compliance to its standards, with members representing each country where Saputo has operations. Led by veterinarian Warren Skippon, Director of Animal Welfare, it is comprised of Saputo internal senior leaders from Governmental Affairs, Milk Procurement, Corporate Communications and Sales. This committee enables the Company to stay at the forefront of animal welfare best practices.
Growth
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What is the Company’s growth strategy?Saputo is committed to growing organically and through acquisitions. Since 1997, Saputo has a successful track record with 36 acquisitions completed and approximately CDN$9.3 billion invested to expand operations in Canada, the US, Argentina, Australia and the United Kingdom.Where can I find information on milestone acquisitions?Information on the Company’s milestone acquisitions is available in the Annual Information Form or in the relevant press releases in the Newsroom section. A timeline of milestone acquisitions is also available in the Corporate Snapshot section.
