Broadridge Acquires Signal, Accelerating Global Digital Communications Expansion
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SELL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: +5.4%
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Acquisition expands digital capabilities and market expertise in the
"This is an important step toward globalizing Broadridge's digital communications solutions to better serve our clients with operations outside
Signal provides a full suite of design, technology and consulting services that support omni-channel communications for financial services and other firms. Its proprietary technology and deep digital expertise help clients power their shift from legacy print to drive digitization and enhance client engagement. Signal provides an integrated shared service model to support in-house teams alongside specialist managed services, including fully outsourced print production.
"Growing expectations from both customers and regulators are driving the need to modernise and digitise the customer and investor experience," said
Serving nearly every major financial institution in
The transaction is not expected to have a material impact on Broadridge's financial results.
About Broadridge Financial Solutions
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over
For more information about us, please visit www.broadridge.com
About Signal
Signal Agency Limited is a
Combining strategic advisory and consulting with its proprietary technology platform, Signal provides a modern customer-led approach to omnichannel communication management that enables faster, more efficient, and more engaging customer interactions.
For more information about Signal, please visit www.signal.co.uk
Forward-Looking Statements
This press release and other written or oral statements made from time to time by representatives of Broadridge may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as "expects," "assumes," "projects," "anticipates," "estimates," "we believe," "could be," "on track," and other words of similar meaning, are forward-looking statements. In particular, information about the impact of the acquisition of Signal are forward-looking statements.
These statements are based on management's expectations and assumptions and are subject to risks and uncertainties that may cause actual results to differ materially from those expressed. These risks and uncertainties include those risk factors described and discussed in Part I, "Item 1A. Risk Factors" of our Annual Report on Form 10-K for the year ended
There may be other factors that may cause our actual results to differ materially from the forward-looking statements. Our actual results, performance or achievements could differ materially from those expressed in, or implied by, the forward-looking statements. We can give no assurances that any of the events anticipated by the forward-looking statements will occur or, if any of them do, what impact they will have on our results of operations and financial condition.
Broadridge disclaims any obligation to update or revise forward-looking statements that may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law.
Contacts:
Investors:
[email protected]
Media:
Global Head of Corporate Communications
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/broadridge-acquires-signal-accelerating-global-digital-communications-expansion-302533403.html
SOURCE Broadridge Financial Solutions, Inc.
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