A statement on behalf of Rogers Communications Inc.
Get Alerts RCI Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 5.3%
EPS Growth %: -26.3%
Join SI Premium – FREE
TORONTO, Oct. 22, 2021 (GLOBE NEWSWIRE) -- John A. MacDonald, Chair of the Board of Directors of Rogers Communications Inc. (“Rogers” or the “Company”), confirms that earlier today the Company received a written resolution from the Rogers Control Trust purporting to remove five of the independent directors of Rogers and replace them with nominees of the Rogers Control Trust. The Company has reviewed the resolution with its external legal counsel and has determined the resolution is invalid. Accordingly, the Board of Directors of Rogers, including its independent directors, remain unchanged. The Company’s CEO, Joe Natale, and management team remain steadfast in their commitment to driving the performance of the business and executing on the proposed merger with Shaw.
About RogersRogers is a proud Canadian company dedicated to making more possible for Canadians each and every day. Our founder, Ted Rogers, purchased his first radio station, CHFI, in 1960. We have grown to become a leading technology and media company that strives to provide the very best in wireless, residential, sports, and media to Canadians and Canadian businesses. Our shares are publicly traded on the Toronto Stock Exchange (TSX: RCI.A and RCI.B) and on the New York Stock Exchange (NYSE: RCI). If you want to find out more about us, visit about.rogers.com.
For more information:[email protected]1-844-226-1338
Source: Rogers Communications Canada Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Press Release: Sanofi’s Wayrilz approved in Japan to treat immune thrombocytopenia
- Yotta Data Services Receives Frost & Sullivan's 2026 Indian Company of the Year Recognition for Leadership in Sovereign AI Infrastructure
- Capital Markets Day 2026: Signify introduces strategy to create a more focused, better-performing company
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share