tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TELUS International Secures Shareholder Support for Arrangement Agreement

Story Highlights
  • TELUS International entered an arrangement agreement with TELUS Corporation on September 1, 2025.
  • The agreement ensures shareholder support for the arrangement, impacting market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TELUS International Secures Shareholder Support for Arrangement Agreement

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from TELUS International (CDA) ( (TSE:TIXT) ) is now available.

On September 1, 2025, TELUS International (Cda) Inc. entered into an arrangement agreement with TELUS Corporation, which involves a shareholder support and voting agreement with Riel B.V., a major shareholder. This agreement is designed to facilitate the approval and completion of the proposed arrangement, ensuring that the shareholder will vote in favor of the arrangement and against any competing acquisition proposals. The arrangement is aimed at consolidating TELUS Corporation’s control over TELUS International, potentially impacting the company’s market positioning and shareholder dynamics.

The most recent analyst rating on (TSE:TIXT) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on TELUS International (CDA) stock, see the TSE:TIXT Stock Forecast page.

Spark’s Take on TSE:TIXT Stock

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

TELUS International’s stock score is primarily influenced by its financial performance challenges, including negative profitability and increased leverage. Despite these issues, the stock shows strong technical momentum, which partially offsets the financial concerns. However, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation, resulting in a moderate overall score.

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

More about TELUS International (CDA)

TELUS International (Cda) Inc. operates in the technology and digital services industry, providing IT services and customer experience solutions. The company focuses on delivering digital transformation and customer experience services to global clients across various sectors.

Average Trading Volume: 293,192

Technical Sentiment Signal: Sell

Current Market Cap: C$1.71B

Learn more about TIXT 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