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DH Corp (DH.TO)

DH.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

D+H announces Q3 2016 earnings
Tuesday, 25 Oct 2016 05:00pm EDT 

DH Corp : D+H announces third quarter 2016 earnings . Q3 earnings per share C$0.16 . Q3 revenue C$417.7 million versus I/B/E/S view C$429.5 million . Q3 earnings per share view C$0.60 -- Thomson Reuters I/B/E/S . Q3 adjusted earnings per share C$0.49 . Sees 2016 revenue growth, as reported, in range of 10 pct to 12 pct . DH Corp says has suspended its dividend reinvestment plan effective October 25, 2016 . Sees 2016 adjusted revenue growth on a proforma constant currency basis of 0 pct to 2 pct . Sees 2016 adjusted EBITDA decline of between 7 pct to 3 pct, with adjusted EBITDA margins in range of 27 pct to 28 pct .FY2016 revenue view C$1.71 billion -- Thomson Reuters I/B/E/S.  Full Article

DH Corp Q2 adjusted earnings per share C$0.55
Tuesday, 26 Jul 2016 06:11pm EDT 

DH Corp : D+H announces second quarter 2016 earnings and realignment of global operations . Q2 earnings per share C$0.05 . Q2 revenue C$424 million versus I/B/E/S view C$421.6 million . Q2 earnings per share view c$0.52 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share C$0.55 . Company has realigned organization, in which expected gross savings of approximately $53 million are offset by investments in new positions . Says net savings are expected starting in middle of Q3 . Restructuring-Related expenses are estimated to be between $30 million and $32 million, and will be recognized primarily in 2016 . During 2016 company expects to achieve net savings of approximately $19 million of which 30% has been realized through end of Q2 . Says will begin reporting under new business segments commencing in Q1 of 2017 . "In U.S and Canada, while economic outlook is mixed, we see no new changes that impact our current business in these markets" in 2H . Says estimated net savings of $25 million in annualized compensation and related cost savings from realignment . Says restructuring-related expenses totaling $22.0 million and $28.8 million have been recorded in Q2 and year-to-date in 2016 . Says will continue to manage and report financial results for GTBS, L&IC and Canada through end of 2016 .Sets quarterly dividend of $0.32 per share.  Full Article

DH Corp declared a quarterly dividend
Monday, 27 Jul 2015 04:00pm EDT 

DH Corp:Says that it has declared a quarterly dividend of $0.32 per common share payable on Sept. 30, 2015.Paid to shareholders of record at the close of business on Sept. 16, 2015.  Full Article

DH Corp completes acquisition of Fundtech
Thursday, 30 Apr 2015 08:51am EDT 

DH Corp:Completes $1.25 billion acquisition of Fundtech.  Full Article

DH Corporation declares quarter dividend
Tuesday, 28 Apr 2015 05:00pm EDT 

DH Corporation:Declares a quarterly dividend of $0.32 per common share.Payable on June 30 to shareholders of record at the close of business on June 1.  Full Article

DH Corp to acquire Fundtech and announces $826,175,000 bought deal financing
Monday, 30 Mar 2015 03:48pm EDT 

DH Corp:Enters into definitive agreement to acquire Fundtech, for cash consideration of $1.25 billion.In conjunction with acquisition, enters into an agreement with a syndicate of underwriters , co-led by CIBC, RBC Capital Markets and Scotiabank.Pursuant to which they have agreed to purchase, on a bought deal basis, from D+H and sell to the public (i) 16,500,000 subscription receipts, at a price of $37.95 per subscription receipt, for gross proceeds of $626,175,000.Also $200,000,000 of 5 pct extendible convertible unsecured subordinated debentures, for aggregate gross proceeds of $826,175,000.Says net proceeds of offering will be used to fund a portion of purchase price for acquisition.Says debentures will have an initial maturity date of termination date, which will be automatically extended to Sept. 30, 2020 upon closing of acquisition.Says debentures will have an interest rate of 5 pct per annum payable semi-annually in arrears on the last day of June and Dec. in each year commencing June 30.Offering is expected to close on or about April 9.  Full Article

DH Corp declares quarterly dividend
Tuesday, 24 Feb 2015 05:00pm EST 

DH Corp:Declares quarterly dividend of $0.32 per common share payable on March 31, of record at the close of business on March 6.  Full Article

DH Corp announces Sabal Palm Bank selects PhoenixEFE Enterprise Solution
Tuesday, 17 Feb 2015 08:00am EST 

DH Corp:Says that Sabal Palm Bank has chosen its PhoenixEFE Core solution, along with several integrated channel and payment solutions.To support sustained customer and profit growth with improved customer relationship management and a broader self-service offering.  Full Article

DH Corp renews D+H's mortgagebot solution agreement
Monday, 9 Feb 2015 08:00am EST 

DH Corp:Has extended its agreement with D+H.To provide its web-based lending platform, Mortgagebot to ICBA member banks.Says agreement designates D+H as Premier Value Provider under the ICBA SmartLender SMProgram, which is offered as a service to its members, who receive discounted start-up costs and are eligible for preferred pricing.  Full Article

BRIEF-DH Corp announces reallocation of capital and reduction in dividend

* DH Corporation announces reallocation of capital and reduction in dividend to further its transformation as a leading fintech company