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Shaw Communications Inc (SJRb.TO)

SJRb.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Shaw Communications Says Current CFO Vito Culmone Will Be Leaving Co
Thursday, 15 Feb 2018 08:46am EST 

Feb 15 (Reuters) - Shaw Communications Inc ::SHAW COMMUNICATIONS ANNOUNCES CFO TRANSITION AS PART OF TOTAL BUSINESS TRANSFORMATION.SHAW COMMUNICATIONS INC - CURRENT CHIEF FINANCIAL OFFICER VITO CULMONE WILL BE LEAVING ORGANIZATION.SHAW COMMUNICATIONS INC - TREVOR ENGLISH WILL BE ASSUMING ROLE OF EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL & CORPORATE DEVELOPMENT OFFICER.  Full Article

Shaw Communications Says 3,300 Employees Elected To Participate In A Voluntary Departure Program
Thursday, 15 Feb 2018 08:45am EST 

Feb 15 (Reuters) - Shaw Communications Inc ::SHAW COMMUNICATIONS COMPLETES FIRST PHASE OF TOTAL BUSINESS TRANSFORMATION INITIATIVE.SHAW COMMUNICATIONS - ABOUT 3,300 EMPLOYEES ELECTED TO PARTICIPATE IN A VOLUNTARY DEPARTURE PROGRAM , WHICH REPRESENTS 25% OF CO'S TOTAL WORKFORCE.SHAW COMMUNICATIONS -REGARDING BUSINESS TRANSFORMATION ACTIVITIES TO-DATE,INCLUDING VDP,EXPECTS TO INCUR RESTRUCTURING CHARGE OF ABOUT $450 MILLION IN Q2.SHAW COMMUNICATIONS - SEES ANNUALIZED SAVINGS RELATED TO VOLUNTARY DEPARTURE PROGRAM TO BE ABOUT $225 MILLION, TO BE FULLY REALIZED IN FISCAL 2020.  Full Article

Shaw Reports Q1 2018 Earnings Per Share $0.22
Thursday, 11 Jan 2018 07:00am EST 

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 03:38pm EST 

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 07:30am EDT 

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

Shaw Communications Q3 revenue rose 2.8 pct to C$1.31 bln
Wednesday, 28 Jun 2017 07:30am EDT 

June 28 (Reuters) - Shaw Communications Inc :Shaw announces third quarter and year-to-date results.Q3 revenue rose 2.8 percent to C$1.31 billion.Qtrly earnings per share $0.27.Shaw Communications- Refining FY 2017 guidance for operating income before restructuring costs and amortization to range between $2.135 and $2.160 billion.Shaw Communications- Refining FY fiscal 2017 financial guidance for capital investment of approximately $1.35 billion and free cash flow of approximately $400 million.Q3 earnings per share view C$0.33, revenue view C$1.32 billion -- Thomson Reuters I/B/E/S.  Full Article

Shaw reports qtrly EPS c$0.27
Wednesday, 28 Jun 2017 07:30am EDT 

June 28 (Reuters) - Shaw Communications Inc :Shaw announces third quarter and year-to-date results.Q3 revenue rose 2.8 percent to c$1.31 billion.Qtrly earnings per share c$0.27.  Full Article

Canada's Shaw to sell ViaWest to Peak 10 Holding
Tuesday, 13 Jun 2017 08:05am EDT 

June 13 (Reuters) - Shaw Communications Inc -:Press release - ViaWest to combine with Peak 10, creating a leading full-service hybrid it solutions provider.Shaw Communications Inc - Chris Downie, chief executive officer of Peak 10, will be chief executive officer of combined company.Shaw Communications Inc - nancy phillips, chief executive officer of viawest, will become executive chair of board of combined company.  Full Article

Shaw says capital expenditures associated with deployment of acquired spectrum are estimated to be about $350 mln
Tuesday, 13 Jun 2017 08:04am EDT 

June 13 (Reuters) - Shaw Communications Inc ::Shaw Communications Inc - capital expenditures associated with deployment of acquired spectrum are estimated to be approximately $350 million.Shaw Communications Inc - expects majority of capital related to network build to be incurred during fiscal 2018.  Full Article

Shaw announces acquisition of 700 MHz, 2500 MHz wireless spectrum licenses
Tuesday, 13 Jun 2017 08:02am EDT 

June 13 (Reuters) - Shaw Communications Inc ::Shaw Communications Inc announces acquisition of 700 MHz and 2500 MHz wireless spectrum licences from Quebecor Media Inc.Shaw Communications Inc - deal for ‍$430 million​.Shaw Communications Inc - ‍transaction will be funded using a combination of cash on hand and Shaw's existing credit facility​.Shaw Communications Inc - spectrum licences being acquired comprise 10 MHz licences of 700 MHz spectrum in each of British Columbia, Alberta, and Southern Ontario.Shaw Communications - licences being acquired also include 20 MHz licences of 2500 MHz spectrum in each of Vancouver, Edmonton, Calgary, and Toronto.Shaw Communications Inc - ‍transaction has received all required internal approvals at Shaw and Quebecor​.Shaw Communications Inc - ‍transaction is not subject to approval by shareholders of Shaw or further approval by shareholders of Quebecor​.  Full Article

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Shaw Communications posts surprise loss on Corus investment charge

Canadian telecom company Shaw Communications Inc reported a surprise quarterly loss on Thursday as it booked an impairment charge related to its investment in media company Corus Entertainment Inc .