tiprankstipranks
Trending News
More News >

ISC Counters Plantro’s Misstatements, Recommends Rejection of Mini-Tender

Story Highlights
ISC Counters Plantro’s Misstatements, Recommends Rejection of Mini-Tender

Don’t Miss TipRanks’ Half-Year Sale

An update from Information Services ( (TSE:ISC) ) is now available.

ISC has addressed and corrected several misstatements made by Plantro Ltd. regarding its financial stability, capital allocation, and workforce composition. The company reaffirms its recommendation to reject Plantro’s mini-tender offer, highlighting its strong performance and strategic growth, which has resulted in total shareholder returns significantly outperforming the S&P/TSX SmallCap Index. ISC remains committed to engaging constructively with shareholders and maintaining its operational presence in Saskatchewan while expanding internationally.

More about Information Services

Information Services Corporation (ISC) operates in the information services industry, providing registry and information management services. The company focuses on delivering strong shareholder returns and has successfully integrated multiple acquisitions, significantly increasing its adjusted EBITDA since its IPO.

YTD Price Performance: 2.97%

Average Trading Volume: 4,815

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$496.2M

Learn more about ISC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1