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«We encourage our managers to look at the two as competing activites, you can either deploy capital on acquisitions or you can deploy capital on initiatives and you should seek to get equally high rates of rerturn on both taking in account all of the factors. We have no particular preference. We think that internal initiatives are very very hard, require a degree of vision that isn’t required for acquisitions and ence, we’d love to be really good at the internal initiatives. We’re getting better and we think we do it far better than other software businesses. If I can see capital generation as good return as with acquisitions, I’d be delighted. I think you end up with stronger business when you get to choose what product you add to the portfolio and how you can sort of fill the needs of customers as opposed to when you do acquisitions which leads you to be more opportunistic and tend to leave some holes in the portfolio.»
Pourquoi c'est une bonne nouvelle? Est-ce pour éviter les prises de contrôle ou achats hostiles?
Creation of Class A Preferred Shares
The resolution authorizing and approving the amendment of the articles of the Corporation in
order to create a new class of preferred shares, to be issuable at any time or from time to time at
the discretion of the board of directors of the Corporation (as more particularly described in the
Circular) was approved by the requisite number of votes cast at the Meeting.
The number of votes cast for and against such resolution were as follows:
Number of Votes Percentage of Votes
FOR 16,403,194 97.32%
AGAINST 451,445 2.68%
Un Palabin du software?
J'ai pris une position dans le titre.