CGI (stock symbol, TSE, ME: GIB.A) today announced that its Board of Directors has approved a two-for-one split of all its shares issued and outstanding, effective May 21, 1998. This represents the company's third such split over the past nine months.
CGI believes that this split will provide greater market liquidity for its Class A Subordinate Shares which are listed on the Toronto and Montreal stock exchanges.
CGI is the largest Canadian-owned independent information technology consulting firm with 4,000 professionals and a revenue-run rate in excess of $500 million. The company's order book totals $1.5 billion. CGI provides end-to-end services and business solutions to some 2,000 clients throughout North America and internationally.
Source : CGI
Contact : Paule Doré,
Executive Vice-President, Corporate Affairs
(514) 841-3212