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ISC Clarifies Strategic Review Origins Amid Plantro Mischaracterizations

Story Highlights
  • ISC clarified that its Strategic Review was initiated by its Board, not due to Plantro’s actions.
  • ISC aims to enhance shareholder value through growth and portfolio optimization, with no assurance of a transaction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ISC Clarifies Strategic Review Origins Amid Plantro Mischaracterizations

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Information Services ( (TSE:ISC) ) has issued an update.

Information Services Corporation (ISC) addressed mischaracterizations by Plantro regarding its ongoing Strategic Review, clarifying that the review was initiated by ISC’s Board with support from Crown Investments Corporation of Saskatchewan, not as a result of Plantro’s actions. ISC appreciates Plantro’s support for the review and its withdrawal of a special meeting requisition, allowing ISC to focus on enhancing shareholder value through disciplined growth and potential portfolio optimization. The company cautions that there is no assurance of a transaction resulting from the review.

The most recent analyst rating on (TSE:ISC) stock is a Buy with a C$38.00 price target. To see the full list of analyst forecasts on Information Services stock, see the TSE:ISC Stock Forecast page.

More about Information Services

Headquartered in Canada, Information Services Corporation (ISC) is a leading provider of registry and information management services for public data and records. The company delivers value through its Registry Operations, Services, and Technology Solutions segments, focusing on sustaining its core business while pursuing new growth opportunities. ISC’s Class A Shares trade on the Toronto Stock Exchange under the symbol ISC.

Average Trading Volume: 13,704

Technical Sentiment Signal: Buy

Current Market Cap: C$684M

See more insights into ISC stock on TipRanks’ Stock Analysis page.

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