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CGI announces intent to repurchase 3.34 million of its shares held by CDPQ

PR Newswire - Mon Feb 27, 2023

Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
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MONTRÉAL, Feb. 27, 2023 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced today that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 3,344,996 of its Class A subordinate voting shares ("Class A Shares") held by CDPQ for a price of $119.58 per Class A Share, which represents a discount to the closing price on February 24, 2023 of the Class A Shares on the Toronto Stock Exchange ("TSX").

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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