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Shaw Communications Inc (SJRb.TO)

SJRb.TO on Toronto Stock Exchange

26.28CAD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Shaw Q2 Revenue Rose 12.4 Pct To C$1.36 Bln
Thursday, 12 Apr 2018 

April 12 (Reuters) - Shaw Communications Inc ::DATE FISCAL 2018 RESULTS.Q2 REVENUE ROSE 12.4 PERCENT TO C$1.36 BILLION.QTRLY LOSS PER SHARE $0.33.Q2 RESTRUCTURING CHARGE OF $417 MILLION RELATED TO TOTAL BUSINESS TRANSFORMATION INITIATIVE.QTRLY ARPU OF $38.43 VERSUS $36.44 IN Q2 2017.ANTICIPATED ANNUALIZED SAVINGS RELATED TO VDP, EXPECTED TO BE ABOUT $215 MILLION AND WILL BE FULLY REALIZED IN FISCAL 2020.VDP RELATED COST REDUCTIONS IN FISCAL 2018 ARE EXPECTED TO BE APPROXIMATELY $48 MILLION.REMAINS ON TRACK TO MEET ITS FISCAL 2018 GUIDANCE.YEAR TBT RESTRUCTURING COSTS TO EXCEED $450 MILLION.ABOUT 1,200 EMPLOYEES WILL BE EXITING BEFORE THE END OF FISCAL 2018 AS PART OF VDP.MONTH PERIOD.  Full Article

Shaw Offers Voluntary Buyouts To 6,500 Employees‍​
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Shaw Communications Inc ::ANNOUNCED AN ENTERPRISE-WIDE INITIATIVE DESIGNED TO REINVENT ITS OPERATING MODEL ‍​.CHANGES WILL RESULT IN REVIEW AND REIMAGINING OF EVERY ASPECT OF SHAW'S OPERATIONS AND ROLES, AND FEWER INTERNAL PROCESSES‍​.AS FIRST STEP IN CHANGE INITIATIVE, SHAW IS IMPLEMENTING A VOLUNTARY DEPARTURE PROGRAM FROM JANUARY 31 TO FEBRUARY 14, 201.ABOUT 6,500 EMPLOYEES HAVE BEEN OFFERED VOLUNTARY DEPARTURE PACKAGE, WITH ABOUT TEN PER CENT EXPECTED TO ACCEPT THE PACKAGE.  Full Article

Shaw Communications Inc Files For Mixed Shelf Of Up To C$3 Billion
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Shaw Communications Inc ::SHAW COMMUNICATIONS INC FILES FOR MIXED SHELF OF UP TO C$3 BILLION - SEC FILING.SHAW COMMUNICATIONS INC - ALL FIGURES IN C$.  Full Article

Shaw Reports Q1 2018 Earnings Per Share $0.22
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Shaw Communications Inc ::SHAW ANNOUNCES FIRST QUARTER FISCAL 2018 RESULTS.Q1 REVENUE ROSE 2.7 PERCENT TO C$1.25 BILLION.COMPANY IS CONFIRMING THAT IT REMAINS ON TRACK TO MEET ITS FISCAL 2018 GUIDANCE.QTRLY EARNINGS PER SHARE $0.22.SHAW COMMUNICATIONS-EXPECT MAJORITY OF GROWTH IN CONSOLIDATED OPERATING INCOME BEFORE RESTRUCTURING COSTS & AMORTIZATION TO OCCUR IN BACK HALF OF FISCAL YEAR.Q1 EARNINGS PER SHARE VIEW C$0.29, REVENUE VIEW C$1.26 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

‍Mackenzie Financial reports 10.02 percent passive stake in Shaw Communications
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Shaw Communications Inc ::‍Mackenzie Financial Corp reports 10.02 percent passive stake in Shaw Communications inc as on October 31, 2017 - SEC filing​.  Full Article

Shaw reports Q4 EPS $0.96‍​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Shaw Communications Inc :Shaw announces fourth quarter and full year fiscal 2017 results.Q4 revenue c$1.24 billion.‍Fiscal 2018 guidance, includes consolidated operating income before restructuring costs, amortization growing to about $2.1 billion​.Sees ‍fiscal 2018 capital investments of approximately $1.38 billion​.Sees ‍fiscal 2018 free cash flow of approximately $375 million​.‍Expect majority of growth in consolidated operating income before restructuring costs, amortization to occur in back half of fiscal year​.Qtrly diluted earnings per share $0.96‍​.Q4 earnings per share view c$0.28, revenue view c$1.27 billion -- Thomson Reuters I/B/E/S.  Full Article

Stingray extends distribution agreement with Shaw Communications
Thursday, 13 Oct 2016 

Stingray Digital Group Inc : Press release - Stingray extends long-term distribution agreement with Shaw Communications, adds four specialty music video TV channels .Under term of extension, Shaw Cable and Shaw Direct will now carry Stingray's four music video tv channels.  Full Article

Shaw Communications says Q3 EPS of $1.44
Friday, 15 Jul 2016 

Shaw Communications : Announces third quarter and year-to-date results . Q3 revenue rose 13 percent to C$1.28 billion . Q3 earnings per share $1.44 . Q3 earnings per share view C$0.35, revenue view C$1.29 billion -- Thomson Reuters I/B/E/S . Expecting fiscal 2016 operating income before restructuring and amortization to range between flat to low single digit growth . Says consolidated capital, investment in fiscal 2016 is expected to be $1.2 billion, including Wind . Says in addition, Shaw is introducing preliminary fiscal 2017 consolidated capital to be approximately $1.3 billion . During quarter initiated efficiency program to deliver fiscal 2017 operating cost, capital efficiencies, in aggregate, of about $75 million .Cost savings program actions that took place in Q3 resulted in a non-recurring restructuring charge of $24 million.  Full Article

CORRECTED-UPDATE 2-Canada's Telus just misses on profit as expenses weigh

May 10 Canadian telecom provider Telus Corp's quarterly profit came in slightly below analysts' estimates on Thursday, as it spent heavily to add wireless subscribers amid stiff competition.