CGI Announces Plan to Buy Back 2.89 Million Shares from CDPQ

Monday, 27 May 2024, 20:40

In a recent announcement, CGI disclosed its intent to repurchase 2.89 million of its shares currently held by CDPQ. This move is set to impact the company's capital structure and potentially influence its market valuation. The decision reflects CGI's strategic approach towards optimizing its shareholder base and enhancing its financial position.
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CGI Announces Plan to Buy Back 2.89 Million Shares from CDPQ

CGI to Repurchase 2.89 Million Shares from CDPQ

In a recent development, CGI has publicly declared its intention to buy back 2.89 million of its shares that are currently held by CDPQ. This strategic move aims to optimize CGI's capital structure and bolster its market standing. The decision signifies CGI's commitment to enhancing shareholder value and solidifying its financial position.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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