StockNews.AI
GIB
StockNews.AI
202 days

CGI reports director election results

1. CGI held its annual general meeting on January 29, 2025. 2. All 14 directors proposed for election were re-elected by shareholders. 3. François Boulanger received 99.55% approval, demonstrating strong shareholder confidence. 4. CGI reported revenue of CA$14.68 billion for fiscal 2024. 5. Strong governance may influence investor sentiment and GIB's stock performance.

+3.9%Current Return
VS
+0.54%S&P 500
$114.5401/29 06:33 PM EDTEvent Start

$119.0101/31 12:57 AM EDTLatest Updated
5m saved
Insight
Article

FAQ

Why Bullish?

Shareholder confidence in board re-election suggests stable management. Past stable board elections often correlate with stock price stability.

How important is it?

The AGM indicates corporate stability, essential for investor confidence. Stable leadership is crucial for future performance.

Why Short Term?

Recent AGM outcomes can quickly affect investor perception. Historical trends show immediate effects post-AGM results.

Related Companies

Stock Market SymbolsGIB.A (TSX)GIB (NYSE)cgi.com/newsroom , /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) held its Annual General Meeting of Shareholders in Montréal, Quebec, Canada, on Wednesday, January 29, 2025 at 11:00 a.m. (EST) via live webcast. All 14 directors proposed for election at the meeting were elected by shareholders on a vote by electronic ballot. The ballots cast and proxies received by CGI for the election of directors were as follows: Votes for Votes withheld % % François Boulanger 99.55 % 0.45 % Sophie Brochu 97.55 % 2.45 % George A. Cope 97.89 % 2.11 % Jacynthe Côté 98.22 % 1.78 % Julie Godin 99.03 % 0.97 % Serge Godin 96.77 % 3.23 % Gilles Labbé 98.72 % 1.28 % Michael B. Pedersen 96.98 % 3.02 % Stephen S. Poloz 99.72 % 0.28 % Mary G. Powell 97.88 % 2.12 % Alison C. Reed 99.76 % 0.24 % George D. Schindler 99.34 % 0.66 % Kathy N. Waller 99.70 % 0.30 % Frank Witter 99.70 % 0.30 % About CGIFounded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 91,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2024 reported revenue is CA$14.68 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com. SOURCE CGI Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

Related News