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Telesat Corporation Reports 2025 AGM Results, Reinforces Strategic Direction

Story Highlights
  • Telesat is a leading global satellite operator providing critical connectivity solutions.
  • Shareholders approved all items at Telesat’s 2025 AGM, reinforcing strategic goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telesat Corporation Reports 2025 AGM Results, Reinforces Strategic Direction

Confident Investing Starts Here:

Telesat Corp ( (TSE:TSAT) ) has shared an announcement.

Telesat Corporation announced the results of its 2025 Annual General Meeting, where shareholders approved all business items, including the appointment of Deloitte LLP as auditors and the election of director nominees. This meeting underscores the company’s stable governance and ongoing commitment to its strategic goals, potentially reinforcing its industry position 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 Corp’s overall score reflects significant profitability challenges and high leverage, which are partially offset by positive cash flow trends and strategic advancements in the LEO segment. Technical analysis indicates bullish momentum, while the valuation suggests overvaluation concerns.

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

More about Telesat Corp

Telesat Corporation is one of the largest global satellite operators, known for its engineering excellence and customer service. The company provides critical connectivity solutions, addressing complex communication challenges for telecom, government, maritime, and aeronautical sectors. Telesat’s Low Earth Orbit satellite network, Telesat Lightspeed, aims to deliver high-capacity, secure, and resilient connectivity with fiber-like speeds.

Average Trading Volume: 8,188

Technical Sentiment Signal: Buy

Current Market Cap: C$383.8M

For an in-depth examination of TSAT stock, go to TipRanks’ Overview page.

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