The CGI Group Inc. today announced that, at a special meeting, its shareholders approved subdivision of the shares on a 2-for-1 basis, effective August 12, 1997.
The Board of Directors approved the subdivision in June 1997 to provide greater market liquidity for the Class A subordinate shares which are listed on the Montreal and Toronto stock exchanges. The Class B shares and preferred shares, which are not listed, are also subdivided on a 2-for-1 basis.
CGI is the largest Canadian-owned independent information technology consulting firm with 2,700 specialists, annualized revenue of $300 million and an order backlog in excess of $1 billion. It provides end-to-end IT services and business solutions to more than 1,800 clients throughout Canada and elsewhere in the world. CGI is listed on the Toronto and Montreal stock exchanges. Stock symbol: GIB.A.
For more information, contact:
Ronald White
Public Affairs
The CGI Group Inc.
(514) 841-3230
