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An announcement from Yellow Pages ( (TSE:Y) ) is now available.
Yellow Pages Limited has unveiled a plan to return approximately $25 million to shareholders through a pro rata share repurchase of 2,037,489 common shares at $12.27 per share under a court-approved statutory arrangement. The transaction, which already has the support of shareholders representing over 80% of outstanding shares, is subject to a two‑thirds shareholder vote and approval from the Supreme Court of British Columbia.
Alongside the buyback, the company will make a voluntary $2 million contribution to its pension plan by June 19, 2026, increasing total cash payments toward the plan’s wind‑up deficit to $6 million by June 2026. The combined measures signal an effort to balance capital returns to investors with ongoing de‑risking of pension obligations, potentially strengthening Yellow Pages’ financial profile and stakeholder confidence.
The most recent analyst rating on (TSE:Y) stock is a Hold with a C$13.00 price target. To see the full list of analyst forecasts on Yellow Pages stock, see the TSE:Y Stock Forecast page.
Spark’s Take on Y Stock
According to Spark, TipRanks’ AI Analyst, Y is a Outperform.
The score is driven by strong cash generation and attractive valuation (low P/E and high dividend yield). Technicals are supportive with an uptrend and positive momentum. The main constraint is financial trajectory risk: ongoing revenue/profit decline and rising leverage increase sensitivity if contraction continues.
To see Spark’s full report on Y stock, click here.
More about Yellow Pages
Yellow Pages Limited is a Canadian digital media and marketing company that facilitates interactions and transactions in the local economy between buyers and sellers. The company operates leading local online platforms such as YP.ca, Canada411 and 411.ca, along with corresponding mobile applications and traditional Yellow Pages print directories.
Average Trading Volume: 4,896
Technical Sentiment Signal: Buy
Current Market Cap: C$176.7M
Find detailed analytics on Y stock on TipRanks’ Stock Analysis page.