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Shaw Communications Inc (SJRa.V)

SJRa.V on TSX Venture Exchange

31.00CAD
22 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Shaw Communications says Q3 EPS of $1.44
Friday, 15 Jul 2016 08:00am EDT 

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

Shaw Communications Completes Sale of Shaw Media to Corus Entertainment
Friday, 1 Apr 2016 10:12am EDT 

Shaw Communications Inc:completed the previously announced sale of its wholly-owned broadcasting subsidiary, Shaw Media Inc. ("Shaw Media") to Corus Entertainment Inc. ("Corus") for $2.65 billion.  Full Article

Shaw Communications Inc announces sale of Shaw media to Corus Entertainment for $2.65 bln
Wednesday, 13 Jan 2016 07:02am EST 

Shaw Communications Inc:Announces sale of Shaw media to Corus Entertainment Inc for $2.65 billion.Upon closing, will receive about $1.85 billion in cash and approximately 71 million Corus class b non-voting shares.Says Shaw expects to realize net cash proceeds from the transaction of approximately $1.8 billion.Expects to use net cash proceeds from transaction to fund the previously announced acquisition of wind Mobile corp. ("wind") for $1.6 billion.  Full Article

Shaw Communications Inc to acquire WIND Mobile Corp
Wednesday, 16 Dec 2015 06:02pm EST 

Shaw Communications Inc:Agreed to acquire a 100% interest in Mid-Bowline Group Corp and its wholly-owned subsidiary WIND Mobile Corp for an enterprise value of approximately $1.6 billion.  Full Article

Shaw Communications Inc declares quarterly dividend
Thursday, 22 Oct 2015 09:00am EDT 

Shaw Communications Inc:Declares quarterly dividend on its Cumulative Redeemable Rate Reset Preferred Shares, Series A for the three-month period ended Dec. 31.Dividend of $0.28125 per Series A Share will be payable on Dec. 31 to holders of record at the close of business on Dec. 15.  Full Article

Shaw Communications Inc gives FY 2016 operating income guidance
Thursday, 22 Oct 2015 08:00am EDT 

Shaw Communications Inc:Targets FY 2016 operating income before restructuring costs and amortization to range between flat and low single digit growth over FY 2015, including the costs associated with the X1 platform.  Full Article

Shaw Communications Inc see low end of prior FY 2015 EBIT outlook
Thursday, 25 Jun 2015 08:00am EDT 

Shaw Communications Inc:Says its move into the final quarter of the year they are on track to deliver FY 2015 financial guidance with operating income before restructuring costs and amortization expected to be at the lower end of 5% - 7% guidance range.Reported EBIT of $1.439 bln in FY 2014.FY 2015 EBIT of $1.481 bln - Thomson Reuters I/B/E/S.  Full Article

Shaw Communications declares dividend payable on preferred shares
Tuesday, 14 Apr 2015 01:51pm EDT 

Shaw Communications:Says that it has declared the quarterly dividend on its Cumulative Redeemable Rate Reset Preferred Shares, Series A for the three-month period ended June 30, 2015.The dividend of $0.28125 per Series A Share will be payable on June 30, 2015 to holders of record at the close of business on June 15, 2015.  Full Article

Shaw Communications appoints CFO
Tuesday, 31 Mar 2015 06:00pm EDT 

Shaw Communications:Says Vito Culmone as its Executive Vice President and Chief Financial Officer, effective June 1.  Full Article

Shaw Communications Inc gives FY 2015 EBIT outlook below analysts' estimates
Wednesday, 14 Jan 2015 08:01am EST 

Shaw Communications Inc:Expects FY 2015 consolidated operating income before restructuring costs and amortization growth to range from 5- 7 pct with the inclusion of ViaWest which is expected to contribute about $85 mln.Reported EBIT of $1.439 bln in FY 2014.FY 2015 EBIT of $1.559 bln - Thomson Reuters I/B/E/S.  Full Article

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Shaw's ongoing operations disappoint, Wind Mobile buy helps

TORONTO Shaw Communications Inc's third-quarter profit more than tripled, boosted by its purchase of Wind Mobile and sale of media assets, but earnings from ongoing operations disappointed and its shares fell on Friday.