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Telesat Corporation Announces Shareholder Meeting Results

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Telesat Corporation Announces Shareholder Meeting Results

Confident Investing Starts Here:

An update from Telesat Corp ( (TSE:TSAT) ) is now available.

On June 19, 2025, Telesat Corporation announced the results of its annual general meeting held on June 17, where shareholders approved all business items, including the appointment of Deloitte LLP as auditors and the election of director nominees. This outcome reinforces Telesat’s strategic direction and stability, potentially impacting its industry position positively by maintaining strong governance and stakeholder confidence.

The most recent analyst rating on (TSE:TSAT) stock is a Buy with a C$28.00 price target. To see the full list of analyst forecasts on Telesat Corp stock, see the TSE:TSAT Stock Forecast page.

Spark’s Take on TSE:TSAT Stock

According to Spark, TipRanks’ AI Analyst, TSE:TSAT is a Neutral.

Telesat’s overall score is primarily influenced by its technical analysis, which suggests positive momentum despite an overbought condition. Financial performance and valuation present significant challenges, with ongoing net losses and high leverage. Earnings call and corporate events provide some strategic positives, but the financial and valuation concerns notably weigh on the score.

To see Spark’s full report on TSE:TSAT stock, click here.

More about Telesat Corp

Telesat Corporation is a leading global satellite operator known for its engineering excellence and reliable customer service. The company provides critical connectivity solutions through its Low Earth Orbit satellite network, Telesat Lightspeed, which serves telecom, government, maritime, and aeronautical sectors with high-capacity and secure links.

Average Trading Volume: 8,083

Technical Sentiment Signal: Buy

Current Market Cap: C$403.6M

Find detailed analytics on TSAT stock on TipRanks’ Stock Analysis page.

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