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DH Corp (DH.TO)

DH.TO on Toronto Stock Exchange

25.40CAD
26 May 2017
Change (% chg)

$-0.03 (-0.12%)
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Volume
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Latest Key Developments (Source: Significant Developments)

DH Corp Q1 adjusted earnings per share C$0.42
Thursday, 11 May 2017 05:30pm EDT 

May 11 (Reuters) - DH Corp ::D+H announces first quarter 2017 earnings.Q1 adjusted earnings per share C$0.42.Q1 revenue c$397.9 million versus I/B/E/S view c$409.3 million.Q1 earnings per share view c$0.42 -- Thomson Reuters I/B/E/S.Q1 loss per share C$0.03.DH Corp says adjusted revenues in Q1 decreased 3.8% to $398.5 million from $414.2 million in prior year period.Commencing in q1 strategic infrastructure and operations that aligned with business segments reorganized into three new units.Company now has a corporate segment which consists of corporate overhead costs that are not allocated to operating segments.DH Corp -an affiliate of vista equity received a no-action letter from competition bureau of Canada in respect of proposed arrangement.DH Corp says no-action letter stated applicable waiting periods under competition act (Canada) have expired.DH Corp says declared a cash dividend of $0.12 cents per share.  Full Article

DH Corp says FDIC and OCC terminate D+H consent order
Thursday, 11 May 2017 09:00am EDT 

May 11 (Reuters) - DH Corp :Dh corp - effective may 10, federal deposit insurance corporation (fdic) and office of comptroller of currency (occ) have terminated consent order.Dh corp - consent order entered into with two of d+h's units, specifically fundtech corp and bserv, inc..  Full Article

Corporate One Federal Credit Union is working with D+H to expand access to real-time payments
Tuesday, 25 Apr 2017 08:00am EDT 

April 25 (Reuters) - Dh Corp :Corporate One Federal Credit Union is working with D+h to expand access to real-time payments among its member credit unions.  Full Article

D+H enters into agreement to be acquired by Vista Equity Partners
Monday, 13 Mar 2017 07:50am EDT 

DH Corp : D+H enters into definitive agreement to be acquired by Vista Equity Partners . DH Corp - transaction valued at an approximate $4.8 billion enterprise value . DH Corp says D+H shareholders to receive $25.50 per share in cash . Vista intends to combine D+H with another of its portfolio companies, United Kingdom-based, Misys .DH Corp - special committee of independent directors and board unanimously concluded that the agreement is in best interests of company, stakeholders.  Full Article

DH Q4 loss per share 88 Canadian cents
Tuesday, 7 Mar 2017 07:16pm EST 

Dh Corp : DH announces fourth quarter and full year 2016 earnings . Q4 adjusted earnings per share c$0.53 . Q4 revenue c$425.8 million versus i/b/e/s view c$420.7 million . Q4 earnings per share view c$0.56 -- Thomson Reuters I/B/E/S . Q4 loss per share c$0.88 .Company is currently not intending to provide specific financial guidance for fiscal 2017.  Full Article

DH Corporation confirms process, formation of special committee
Wednesday, 7 Dec 2016 01:31pm EST 

Dh Corp : Dh corporation confirms process and formation of special committee . Special Committee has retained Credit Suisse and RBC Capital markets as its financial advisors . Special Committee has retained Stikeman Elliott LLP as legal advisor to assist in the effort . No formal offers have been received and there can be no assurances that any transaction will result from this process .Acknowledged process has been established by Board to address expressions of interest from certain third parties to acquire DH.  Full Article

DH Corp announces reallocation of capital and reduction in dividend
Monday, 21 Nov 2016 07:00am EST 

DH Corp - : DH Corporation announces reallocation of capital and reduction in dividend to further its transformation as a leading fintech company . Says board of directors has determined to reduce quarterly dividend from $0.32 per share to $0.12 per share, effective January 1, 2017 .Says cash totaling approximately $85.5 million is anticipated to be available in 2017 through dividend reduction.  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

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BRIEF-Corporate One Federal Credit Union is working with D+H to expand access to real-time payments

* Corporate One Federal Credit Union is working with D+h to expand access to real-time payments among its member credit unions Source text for Eikon: Further company coverage: