Live News • May 30
CGI Secures Eight-Year Finnish Education Deal With AI Delivery Model CGI has been selected by the Finnish National Agency for Education to provide development and maintenance services for Studyinfo, the agency’s largest digital service by user volume.
The contract is part of the agency’s largest ICT procurement to date and runs for eight years.
CGI will use its AI-enabled Application Factory delivery model to support continuous development of the Studyinfo platform.
Winning a long-duration public sector contract of this size highlights CGI’s presence in government digital services and extends its visibility on related revenue over several years.
Investors may want to watch how effectively CGI executes on this AI-enabled delivery model, since performance on a high-profile national platform can influence future government and education-sector contract opportunities, as well as operational risks. Announcement • May 24
Cgi Expands Governed Ai Capabilities for Government CGI Inc. announced expanded artificial intelligence (AI) capabilities within CGI Advantage, its enterprise resource planning (ERP) platform purpose-built for state and local government. These enhancements embed AI directly into core business processes and system workflows, enabling agencies to improve efficiency, strengthen decision-making, and modernize operations while maintaining the transparency, control, and accountability that governments require. CGI Advantage integrates AI natively within ERP processes across finance, human resources, procurement, and operations. Platform users can access AI-driven guidance, insights, and automation within the context of their day-to-day work, without introducing separate systems or disconnected experiences. The latest CGI Advantage AI capabilities enhance how users interact with complex ERP processes and include context-aware assistance and guidance, natural language access to knowledge and processes, AI-powered summaries and decision support, intelligent recommendations and proactive insights, and agentic AI workflow support. These capabilities are designed to support users with guidance, insights, and recommendations, while ensuring people remain in control of decisions, approvals, and outcomes across every step in the process. AI capabilities within CGI Advantage are governed through built-in controls that allow agencies to enable features intentionally and manage how they are used. AI functionality is configurable, role-based and auditable, with transparency into how data is used and how outputs are generated. This ensures agencies retain full control over adoption while meeting regulatory, security and policy requirements. CGI has also applied this governance-first approach internally, using AI across its own development and operations lifecycle to improve quality, speed, and consistency. Through its expanded Global Alliance partnership network, CGI is further advancing this approach by embedding AI capabilities, such as Codex, across its workflows, with the governance, security, and controls required for enterprise environments. Declared Dividend • May 01
Second quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 15th May 2026 Payment date: 19th June 2026 Dividend yield will be 0.7%, which is lower than the industry average of 1.8%. Sustainability & Growth Dividend is well covered by both earnings (8% earnings payout ratio) and cash flows (7% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 30
Second quarter 2026 earnings: EPS and revenues miss analyst expectations Second quarter 2026 results: EPS: CA$2.10 (up from CA$1.92 in 2Q 2025). Revenue: CA$4.16b (up 3.3% from 2Q 2025). Net income: CA$444.7m (up 3.5% from 2Q 2025). Profit margin: 11% (in line with 2Q 2025). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 7.1%. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Price Target Changed • Apr 29
Price target decreased by 7.2% to CA$138 Down from CA$149, the current price target is an average from 13 analysts. New target price is 54% above last closing price of CA$89.78. Stock is down 39% over the past year. The company is forecast to post earnings per share of CA$8.85 for next year compared to CA$7.45 last year. Announcement • Apr 29
CGI Inc. Approves Quarterly Cash Dividend, Payable on June 19, 2026 On April 28, 2026, the Board of Directors of CGI Inc. approved a quarterly cash dividend of CAD 0.17 per share. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on June 19, 2026, to shareholders of record as of the close of business on May 15, 2026. Announcement • Apr 28
CGI Inc. Launches High-Security Sovereign AI Platform In Finland CGI has launched a high-security sovereign AI and data services platform in Finland. The service provides an KATAKRI-compliant (National Security Auditing Criteria) environment enabling organizations to develop and operate AI applications in a secure and compliant environment. CGI's new high-security sovereign AI platform offers a deployment model delivered from a Finland-based data center, supporting enterprise and public sector clients that require the highest levels of security aligned with KATAKRI standards and control over their data and workloads, while enabling scalable adoption. The platform is delivered from CGI's high-security hybrid service, one of the few data centers certified against Finland's national KATAKRI security audit criteria, which assesses information, physical, and administrative security for environments handling classified and other sensitive workloads. It supports the secure deployment of modern AI applications, enabling multiple large language models, seamless integration with existing systems via an OpenAI-compatible API, and a standardized delivery model that provides cost efficiency and predictability for enterprise-scale use. CGI helps clients assess different AI implementation options and select the most suitable approach for each use case. CGI's sovereign AI platform complements this by enabling organizations to operate data and AI applications within CGI's data centers in Finland, under client governance and control, in a KATAKRI-certified setting. Generative AI offers significant potential for innovation and efficiency, and organizations are currently evaluating different ways to integrate AI into their overall architecture. CGI's high-security AI platform provides a trusted alternative to public cloud and hybrid solutions, enabling clients to adopt AI quickly and securely while maintaining strong control over their data and environment. Announcement • Apr 25
CGI Inc. Implements Multi-Agent AI Solution For SOK Finance CGI Inc. has implemented a multi-agent AI solution built on AWS Bedrock for SOK Finance to bring AI into production use in financial administration and customer service. The solution significantly accelerates processes such as invoice copy requests and due date changes, improving efficiency and consistency compared with previous manual handling. The solution was deployed in SOK Finance's Palveluässä service center, which provides financial management and payroll services for the S Group, a customer-owned Finnish network of retail and service companies with approximately 2,000 outlets. While many organizations are still piloting AI solutions, the collaboration between SOK Finance and CGI has moved this solution into production use, demonstrating how AI can deliver value in day-to-day financial service operations. In this solution, AI agents process incoming customer service messages, retrieve required data from backend systems and automatically execute parts of the process. This improves workflow consistency and efficiency. CGI was responsible for the design, implementation and deployment of the solution, as well as its integration with SOK Finance's key systems. Many AI initiatives remain at the pilot stage, but real business value is achieved when solutions become part of everyday operations. SOK Finance has been a frontrunner in this respect: the multi-agent solution built on AWS Bedrock was successfully deployed into production, demonstrating how AI can be applied in a practical way to strengthen financial administration customer service. Announcement • Apr 01
CGI Inc. Launches New AI Capabilities In CGI Credit Studio CGI Inc. announced the launch of new AI capabilities within CGI Credit Studio, its cloud-native platform for default management. The embedded AI agents are designed to help collections organizations improve recovery performance, increase operational efficiency, and maintain compliance in highly regulated environments. CGI's approach integrates AI directly into day-to-day collections workflows and enables organizations to deploy targeted use cases quickly, measure outcomes, and scale with confidence. The latest CGI Credit Studio AI capabilities are purpose-built to support collectors and include: Call Summarization — Up to 30% reduction in after-call effort, enabling greater focus on customer engagement while strengthening quality assurance and coaching. 'Ask Cleo' (AI Knowledge Assistant) — Enables collectors to ask questions in natural language and instantly access approved account context, policies, and process guidance, which can result in up to a 20% improvement in agent productivity. Agent Assist — Planned capability that will deliver real-time prompts and guided next steps to support disclosures, hardship programs, objection handling, and payment plan discussions. The expected results include up to 20% improvement in promise-to-pay conversion and up to 20% reduction in agent attrition. Together, these capabilities increase capacity and consistency across collections operations and help organizations drive stronger recoveries, improve documentation quality and execute more efficiently across the collections life cycle. CGI's AI capabilities are purpose-built for the collections environment and aligned to clients' governance, risk, and compliance frameworks. All AI-driven insights and recommendations are delivered within the platform, supporting a human-in-the-loop (HITL) approach where collectors and leaders retain control and oversight. This approach enables audit-ready documentation, improves transparency, and helps organizations confidently scale AI adoption. CGI Credit Studio is a cloud-native, AI-enabled platform that helps organizations improve recovery performance while enhancing operational efficiency and customer experience. The platform supports the full default management life cycle, from pre-collections through recovery. Upcoming Dividend • Feb 14
Upcoming dividend of CA$0.17 per share Eligible shareholders must have bought the stock before 18 February 2026. Payment date: 20 March 2026. Payout ratio is a comfortable 8.2% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Canadian dividend payers (5.6%). Lower than average of industry peers (2.6%). Announcement • Feb 05
CGI Inc. to Report Q2, 2026 Results on Apr 29, 2026 CGI Inc. announced that they will report Q2, 2026 results on Apr 29, 2026 Announcement • Feb 04
CGI Inc. (TSX : GIB.A) entered into an agreement to acquire Stratfield Consulting. CGI Inc. (TSX : GIB.A) entered into an agreement to acquire Stratfield Consulting on February 4, 2026.
The transaction is expected to be completed in February 2026, subject to customary closing conditions. Announcement • Feb 03
CGI Appoints Gopal Chhetri to Lead Its Global Capability Centers Business CGI has appointed Gopal Chhetri, Senior Vice-President, Asia Pacific Global Delivery Centers of Excellence, to lead CGI's Global Capability Centers (GCCs) business. Gopal will lead CGI's AI-first GCC strategy, helping scale delivery and transformation capabilities for clients and strengthening India's role in CGI's global delivery ecosystem. As GCCs move beyond scale to become strategic engines for innovation, modernization, and resilience, CGI is strengthening its capabilities to help clients embed GCCs at the core of their enterprise agenda, aligned to strategic priorities and accountable for measurable business outcomes. Gopal's appointment reinforces CGI's focus on client proximity and its commitment to enabling clients to set up, scale, and transform their GCCs, leveraging its global delivery model and decades of experience to create sustained value from their investments. As the GCC leader, Gopal will focus on expanding CGI's GCC business, and scaling capabilities across digital engineering, cloud, and AI, as well as talent development, leadership pipelines, collaboration and market-ready delivery blueprints. With over 25 years of industry experience, Gopal's appointment strengthens its ability to help the clients move from process efficiency to measurable business outcomes, including improved customer experience and business performance. Declared Dividend • Jan 30
First quarter dividend of CA$0.17 announced Shareholders will receive a dividend of CA$0.17. Ex-date: 18th February 2026 Payment date: 20th March 2026 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 7%. Reported Earnings • Jan 29
First quarter 2026 earnings: Revenues and EPS in line with analyst expectations First quarter 2026 results: EPS: CA$2.05 (up from CA$1.95 in 1Q 2025). Revenue: CA$4.08b (up 7.7% from 1Q 2025). Net income: CA$442.0m (flat on 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Jan 28
Cgi Inc. Approves Quarterly Cash Dividend, Payable on March 20, 2026 On January 27, 2026, The Board of Directors of CGI Inc. approved a quarterly cash dividend of $0.17 per share. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on March 20, 2026, to shareholders of record as of the close of business on February 18, 2026. The dividend is designated as an 'eligible dividend' for Canadian tax purposes. Buy Or Sell Opportunity • Jan 20
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to CA$121. The fair value is estimated to be CA$158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period. Buy Or Sell Opportunity • Jan 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.1% to CA$125. The fair value is estimated to be CA$157, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 8.5% per annum over the same time period. Announcement • Dec 09
San Diego County Modernizes Budgeting with Cloud-Based Cgi Advantage CGI Technologies and Solutions Inc. announced that San Diego County, California has launched the CGI Advantage cloud-based Performance Budgeting solution. This upgrade builds on the County's existing system that leverages CGI Advantage Insight, TestSavvy, and CGI Advantage Academy to deliver a robust and secure end-to-end budgeting platform that aligns with the County's strategic priorities. The County's move from an on-premises system to CGI Advantage in the cloud represents a key milestone in its broader modernization strategy. The transition simplifies updates and feature modifications, with the aim of enhancing the user experience. The upgrade also reduces operational costs, improves system functionality, and strengthens the County's security and compliance posture. Key benefits of the transition include migration to a SaaS model leveraging the new analytics-first paradigm of CGI Advantage, enabling County analysts to access critical information in real time. As part of the initiative, CGI is also helping the County convert legacy reports to CGI Advantage Insight, a step that will modernize reporting and improve decision-making. Enhanced user support will be provided through the CGI Advantage Academy, ensuring that employees can fully utilize the platform's capabilities, while automated testing via TestSavvy will streamline the update process and enhance system reliability. The CGI Advantage platform, widely recognized for its flexibility and security, enables the County to achieve a seamless and efficient budgeting process that supports operational excellence and enhances public service delivery. Recent Insider Transactions Derivative • Dec 05
Strategic Advisor & Director exercised options and sold CA$4.9m worth of stock On the 3rd of December, George Schindler exercised 80k options at a strike price of around CA$63.23 and sold these shares for an average price of CA$124 per share. This trade did not impact their existing holding. Since December 2024, George's direct individual holding has increased from 216.31k shares to 218.06k. Company insiders have collectively bought CA$1.9m more than they sold, via options and on-market transactions, in the last 12 months. Announcement • Dec 03
CGI Inc. (TSX:GIB.A) acquired Online Business Systems, Inc. CGI Inc. (TSX:GIB.A) acquired Online Business Systems, Inc. on December 3, 2025.
CGI Inc. (TSX:GIB.A) completed the acquisition of Online Business Systems, Inc. on December 3, 2025. Recent Insider Transactions Derivative • Nov 16
President exercised options to buy CA$1.8m worth of stock. On the 10th of November, Jean-Michel Baticle exercised options to buy 15k shares at a strike price of around CA$121, costing a total of CA$1.8m. This transaction amounted to 105% of their direct individual holding at the time of the trade. Since December 2024, Jean-Michel has owned 14.18k shares directly. Company insiders have collectively sold CA$9.7m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Nov 10
CGI Inc., Annual General Meeting, Jan 28, 2026 CGI Inc., Annual General Meeting, Jan 28, 2026. Declared Dividend • Nov 07
Fourth quarter dividend increased to CA$0.17 Dividend of CA$0.17 is 13% higher than last year. Ex-date: 21st November 2025 Payment date: 19th December 2025 Dividend yield will be 0.5%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 8%. Cash payout ratio: 8%. Buy Or Sell Opportunity • Nov 06
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.3% to CA$120. The fair value is estimated to be CA$154, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 7.5%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 8.3% per annum over the same time period. Reported Earnings • Nov 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: CA$7.45. Revenue: CA$15.9b (up 8.4% from FY 2024). Net income: CA$1.66b (down 2.0% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the IT industry in North America. Announcement • Nov 06
CGI Inc. Approves Quarterly Cash Dividend on Class A Subordinate Voting Shares and Class B Shares, Payable on December 19, 2025 On November 4, 2025, the Board of Directors of CGI Inc. approved a quarterly cash dividend of $0.17 per share, a 13% increase. This dividend is payable to holders of Class A subordinate voting shares and Class B shares (multiple voting) on December 19, 2025 to shareholders of record as of the close of business on November 21, 2025. Announcement • Oct 13
CGI Inc. to Report Q1, 2026 Results on Jan 28, 2026 CGI Inc. announced that they will report Q1, 2026 results on Jan 28, 2026 Announcement • Sep 24
CGI Inc. to Report Q4, 2025 Results on Nov 05, 2025 CGI Inc. announced that they will report Q4, 2025 results on Nov 05, 2025 Announcement • Aug 29
CGI Inc. (TSX:GIB.A) completed the acquisition of APSIDE SA from Groupe Siparex, Crédit Agricole Group and others. CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on March 28, 2025.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in June 2025. Kate Romain, Karine Angel, Caroline Combes, Jean-Baptiste Frantz, Yelena Trifounovitch and Guillaume Léonard of Bredin Prat & Associes acted as legal advisor to CGI Inc. (TSX:GIB.A).
CGI Inc. (TSX:GIB.A) completed the acquisition of APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on August 28, 2025. Upcoming Dividend • Aug 08
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 15 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 5.9% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Canadian dividend payers (6.2%). Lower than average of industry peers (2.4%). Reported Earnings • Jul 31
Third quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2025 results: EPS: CA$1.84 (down from CA$1.94 in 3Q 2024). Revenue: CA$4.09b (up 11% from 3Q 2024). Net income: CA$408.6m (down 7.2% from 3Q 2024). Profit margin: 10.0% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year. Announcement • Jul 30
CGI Inc. Declares Quarterly Dividend, Payable on September 19, 2025 On July 29, 2025, CGI Inc. approved a quarterly cash dividend for holders of Class A subordinate voting shares and Class B shares (multiple voting) of CAD 0.15 per share. This dividend is payable on September 19, 2025 to shareholders of record as of the close of business on August 15, 2025. Announcement • Jul 23
CGI Inc. to Report Q3, 2025 Results on Jul 30, 2025 CGI Inc. announced that they will report Q3, 2025 results Pre-Market on Jul 30, 2025 Recent Insider Transactions • May 11
Independent Lead Director recently bought CA$1.2m worth of stock On the 6th of May, George Cope bought around 8k shares on-market at roughly CA$144 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold CA$3.2m more in shares than they bought in the last 12 months. Upcoming Dividend • May 09
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 16 May 2025. Payment date: 20 June 2025. Payout ratio is a comfortable 3.9% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (2.2%). Reported Earnings • May 01
Second quarter 2025 earnings: EPS misses analyst expectations Second quarter 2025 results: EPS: CA$1.92 (up from CA$1.86 in 2Q 2024). Revenue: CA$4.02b (up 7.6% from 2Q 2024). Net income: CA$429.7m (flat on 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.2%. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Announcement • May 01
CGI Inc. announces Quarterly dividend, payable on June 20, 2025 CGI Inc. announced Quarterly dividend of CAD 0.1500 per share payable on June 20, 2025, ex-date on May 16, 2025 and record date on May 16, 2025. Announcement • Apr 23
CGI Inc. to Report Q2, 2025 Results on Apr 30, 2025 CGI Inc. announced that they will report Q2, 2025 results Pre-Market on Apr 30, 2025 Announcement • Apr 17
CGI Advantage® first ERP solution to achieve GovRAMP Authorized status CGI announced that its CGI Advantage®Enterprise Resource Planning (ERP) solution has obtained GovRAMP Authorized status. As the first and only ERP solution to receive this designation, GovRAMP-authorized CGI Advantage offers a simplified, independent, and trusted solution that ensures government systems meet the most rigorous security standards. The State of Arizona served as the government sponsor for this important GovRAMP authorization, providing essential support in ensuring that CGI Advantage ERP complies with the highest standards for cybersecurity. GovRAMP certification simplifies security verification for public sector organizations by providing a common and robust method for validating cloud security providers. With this designation, CGI Advantage ERP aims to ensure that government agencies can confidently meet evolving regulatory requirements while safeguarding sensitive data such as Personally Identifiable Information (PII), Protected Health Information (PHI), and Payment Card Industry (PCI) data. With the key benefit of simplified security assurance, GovRAMP certification provides government clients with independent validation that CGI Advantage ERP complies with security standards established by the National Institute of Standards and Technology (NIST) while offering streamlined compliance and data security. CGI Advantage ERP has long been a pioneer in public sector solutions, achieving several firsts: the first ERP designed specifically for government; the first ERP to be deployed in both FedRAMP and GovRAMP Authorized environments; and now, the first ERP to achieve GovRAMP Authorized status. These accomplishments solidify CGI's commitment to setting new benchmarks in delivering secure, innovative technology outcomes for the public sector. Buy Or Sell Opportunity • Apr 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to CA$141. The fair value is estimated to be CA$177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 9.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Announcement • Apr 01
CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others. CGI Inc. (TSX:GIB.A) signed exclusivity agreement to acquire APSIDE SA from Groupe Siparex, Crédit Agricole Group and others on March 28, 2025.
The transaction is subject to approval by regulatory board / committee. The transaction is expected to complete in June 2025. Announcement • Mar 31
Ventura County Successfully Launches CGI Advantage Cloud-Based Financial Management System CGI Inc. announced the upgrade of Ventura County Financial Management System (VCFMS), with a transition to the CGI Advantage Cloud - marking a significant milestone in the County's journey toward enhanced operational efficiency and resiliency. For nearly 30 years, CGI has been a trusted partner of Ventura County, supporting the implementation and evolution of its financial systems. This latest upgrade advances the County's VCFMS by enabling CGI Advantage Financial and Vendor Self-Service (VSS) applications with the CGI Advantage Insight reporting tool. The move to a cloud-based platform underscores the County's commitment to staying at the forefront of technology while maintaining operational continuity and user familiarity. Ventura County is seeking to modernize its financial management system to address the growing need for seamless disaster recovery solutions, improved operational agility, and continuous software updates without the need for disruptive upgrades. Integrated reporting within the system eliminates the need for additional solutions, providing a cohesive experience for County staff and simplifying data-driven decision-making. Announcement • Mar 26
CGI Inc. (TSX:GIB.A) acquired Momentum Technologies. CGI Inc. (TSX:GIB.A) acquired Momentum Technologies on March 25, 2025. More than 250 highly skilled consultants and professionals will join CGI Inc.
CGI Inc. (TSX:GIB.A) completed the acquisition of Momentum Technologies on March 25, 2025. Buy Or Sell Opportunity • Mar 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.5% to CA$145. The fair value is estimated to be CA$183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.9% over the last 3 years. Earnings per share has grown by 9.9%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Announcement • Feb 27
CGI Inc. (TSX:GIB.A) completed the acquisition of BJSS Ltd. CGI Inc. (TSX:GIB.A) signed a share purchase agreement to acquire BJSS Ltd on January 29, 2025. Upon successful completion of the acquisition, CGI will have operations across 26 locations in the UK, enabling our consultants to partner with clients through a proximity-based model, while drawing on the support of the company's broad international presence and wide range of services to deliver value. CGI’s move for BJSS will take the technology consultancy’s British headcount to almost 9,000 experts. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in February 2025.
CGI Inc. (TSX:GIB.A) completed the acquisition of BJSS Ltd on February 25, 2025. Recent Insider Transactions Derivative • Feb 18
Strategic Advisor & Director exercised options and sold CA$13m worth of stock On the 13th of February, George Schindler exercised 120k options at a strike price of around CA$63.23 and sold these shares for an average price of CA$174 per share. This trade did not impact their existing holding. Since March 2024, George's direct individual holding has increased from 85.16k shares to 216.28k. Company insiders have collectively sold CA$14m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 16
Insider recently sold CA$2.6m worth of stock On the 11th of February, Benoit Dubé sold around 15k shares on-market at roughly CA$172 per share. This transaction amounted to 72% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$7.3m more than they bought in the last 12 months. Upcoming Dividend • Feb 07
Upcoming dividend of CA$0.15 per share Eligible shareholders must have bought the stock before 14 February 2025. Payment date: 21 March 2025. Payout ratio is a comfortable 2.0% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Canadian dividend payers (6.4%). Lower than average of industry peers (1.9%). Recent Insider Transactions Derivative • Feb 05
Strategic Advisor & Director exercised options to buy CA$17m worth of stock. On the 31st of January, George Schindler exercised options to buy 99k shares at a strike price of around CA$172, costing a total of CA$17m. This transaction amounted to 84% of their direct individual holding at the time of the trade. Since March 2024, George's direct individual holding has increased from 85.16k shares to 117.62k. Company insiders have collectively bought CA$10m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Jan 29
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: CA$1.95 (up from CA$1.69 in 1Q 2024). Revenue: CA$3.79b (up 5.1% from 1Q 2024). Net income: CA$438.6m (up 13% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.5%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Announcement • Jan 29
CGI Inc. Announces Board Changes In line with the comprehensive succession strategies that CGI INC established several years ago, Julie Godin is appointed Executive Chair of the Board of Directors, effective following 29 January 2025's Annual General Meeting of Shareholders. In conjunction with Ms. Godin's appointment, CGI Founder Serge Godin will assume the role of Board Co-Chair and continue to focus on transformational acquisitions for CGI and on large-scale engagements with clients. Ms. Godin currently serves as Co-Chair of the Board and Executive Vice-President, Strategic Planning and Corporate Development. Over the past 15 years, she has incrementally assumed responsibility for leading a range of enterprise functions that serve to set and drive the company's long-term strategic direction and Build and Buy profitable growth strategy. These critical global functions span human resources including the design of CGI's executive compensation programs; strategic planning; mergers and acquisitions; business consulting; enterprise information technology; marketing and communications; cybersecurity and global business shared services. Ms. Godin also is responsible for the ongoing evolution of the CGI Management Foundation which encompasses the key elements that define and guide the management of the company's operations. Announcement • Jan 22
CGI Inc. to Report Q1, 2025 Results on Jan 29, 2025 CGI Inc. announced that they will report Q1, 2025 results Pre-Market on Jan 29, 2025 Announcement • Dec 12
CGI Inc. (TSX:GIB.A) agreed to acquire Daugherty Systems, Inc. CGI Inc. (TSX:GIB.A) agreed to acquire Daugherty Systems, Inc. on November 29, 2024. For the period ending December 31, 2023, Daugherty Systems, Inc. reported total revenue of $312 million. The transaction is expected to close in December 2024. Recent Insider Transactions • Nov 24
Insider recently sold CA$1.3m worth of stock On the 20th of November, Timothy Hurlebaus sold around 8k shares on-market at roughly CA$155 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$3.6m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Nov 17
Key Executive exercised options to buy CA$12m worth of stock. On the 14th of November, Serge Godin exercised options to buy 76k shares at a strike price of around CA$155, costing a total of CA$12m. Since December 2023, Serge's direct individual holding has decreased from 323.23k shares to 0. Company insiders have collectively sold CA$12m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Nov 11
CGI Inc., Annual General Meeting, Jan 29, 2025 CGI Inc., Annual General Meeting, Jan 29, 2025. Reported Earnings • Nov 07
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Full year 2024 results: EPS: CA$7.31 (up from CA$6.97 in FY 2023). Revenue: CA$14.7b (up 2.7% from FY 2023). Net income: CA$1.69b (up 3.8% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the IT industry in North America. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Announcement • Nov 07
CGI Inc. Approves Quarterly Cash Dividend for Holders of Class A Subordinate Voting Shares and Class B Shares, Payable on December 20, 2024 CGI Inc.'s Board of Directors approved a quarterly cash dividend for holders of Class A subordinate voting shares and Class B shares (multiple voting) of $0.15per share. This dividend is payable on December 20, 2024 to shareholders of record as of the close of business on November 20, 2024. The dividend is designated as an "eligible dividend" for Canadian tax purposes. Announcement • Oct 30
CGI Inc. to Report Q4, 2024 Results on Nov 06, 2024 CGI Inc. announced that they will report Q4, 2024 results Pre-Market on Nov 06, 2024 Announcement • Oct 26
CGI Announces the Launch of the Redesigned CGI ProperPay CGI announced the launch of the redesigned CGI ProperPay, a cloud-based solution designed to elevate payment and revenue integrity through advanced Artificial Intelligence (AI) capabilities. This integrated, transformational platform empowers healthcare payers and providers to streamline billing processes to ensure accurate claims processing from submission to payment. For over 30 years, CGI has strategically partnered with healthcare insurers and providers to ensure claims billing and payment accuracy. Leveraging CGI ProperPay and a team of industry experts, CGI's clients have recovered over USD 3 billion of improperly paid medical claims. CGI ProperPay is part of a holistic payment and revenue integrity solution that supports pre-submission, prepay, and post-pay reviews through a modular, plug-and-play approach. Healthcare insurers and providers that use the latest version of CGI ProperPay will benefit from increased automation and efficiencies in addition to more quickly identifying inaccurate medical claim coding and payments to preserve healthcare funds and revenue. Announcement • Sep 05
CGI Inc. announced that it expects to receive CAD 750 million in funding CGI Inc. announced a private placement of senior unsecured notes for the gross proceeds of CAD 750 million on September 3, 2024. The transaction consists of CAD 300 million aggregate principal amount of three-year notes and CAD 450 million aggregate principal amount of five-year notes. The three-year notes will bear interest at the rate of 3.987% per annum, and the five-year notes will bear interest at the rate of 4.147% per annum. The offering is expected to close on or about Sept. 5, 2024, subject to customary closing conditions. 
