The Toronto-based information-technology company also announced a 29 per cent increase to its quarterly dividend. Net sales increased by 7.9 per cent to $903.1 million for all of 2021. Its shares increased 5.6 per cent at Friday’s close. (The Logic)
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The Toronto-based information-technology company also announced a 29 per cent increase to its quarterly dividend. Net sales increased by 7.9 per cent to $903.1 million for all of 2021. Its shares increased 5.6 per cent at Friday’s close. (The Logic)
Talking point: “We are entering 2022 with significant momentum and in a sound financial position,” said Softchoice president and CEO Vince De Palma in a press release. The company first went public on the Toronto Stock Exchange in 2002 before going private in 2013. It returned to the public markets last year, citing “tremendous opportunity” for its business amid the COVID-19 pandemic. The company closed its initial public offering with total gross proceeds of $350 million.
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