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MONTRÉAL, Feb. 19, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that it intends to enter into a private agreement with Caisse de dépôt et placement du Québec ("CDPQ ") for the purchase for cancellation of 4,204,865 of its Class A subordinate voting shares ("Class A Shares") held by CDPQ for a price of $95.13 per Class A Share, which represents a discount to the closing price on February 18, 2021 of the Class A Shares on the Toronto Stock Exchange ("TSX"). The transaction will be made in connection with the periodic portfolio rebalancing of CDPQ. Once completed, CDPQ wi...

CGI reports strong first quarter Fiscal 2021 results News provided by Share this article Q1-F2021 performance highlights Net earnings of $343.5 million, up 18.4%, for a margin of 11.4%; Diluted EPS of $1.32, up 24.5% year-over-year; Net earnings excluding specific items* of $347.2 million and diluted EPS of $1.33; Cash from operating activities of $597.5 million, up 28.4% year-over-year; and Bookings of $3.40 billion, for a book-to-bill ratio of 112.5%. *Specific items in Q1-F2021 include: $3.7 million in acquisition-related and integration costs net of tax; Specific items in Q1-F2020 inc...

CGI renews its Normal Course Issuer Bid News provided by Share this article MONTRÉAL, Jan. 27, 2021 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that its Board of Directors has authorized the renewal of its Normal Course Issuer Bid ("NCIB"), subject to approval by the Toronto Stock Exchange (the "TSX"). CGI's management and Board of Directors believe that the purchase for cancellation of the Company's Class A subordinate voting shares ("Class A Shares") is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the Compa...