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CGI Inc - GIB STOCK NEWS

Welcome to our dedicated page for CGI news (Ticker: GIB), a resource for investors and traders seeking the latest updates and insights on CGI stock.

Overview

CGI Inc. is a globally recognized IT and business consulting services provider with decades of expertise in digital transformation, systems integration, and managed IT solutions. As one of the largest independent firms in the industry, CGI leverages its extensive network and deep technical know‐how to deliver tailored solutions that enhance operational efficiency across a diverse client base, including government agencies, financial institutions, healthcare organizations, and large enterprises.

Core Services and Capabilities

CGI offers a comprehensive portfolio of services designed to meet today’s complex technology challenges. Its core offerings include strategic IT consulting, systems integration, application maintenance, and business process services. These integrated solutions enable clients to manage and optimize their IT environments effectively, ensuring reliable performance and enhanced productivity through state-of-the-art digital transformation initiatives.

Market Position and Global Reach

Operating in over 40 countries with a robust global delivery network, CGI is uniquely positioned to serve both local and international markets. The company’s model of combining localized client relationships with worldwide service capabilities ensures that each client receives personalized and high-quality service. This approach has solidified CGI's reputation as a trusted and innovative partner in the competitive IT services landscape.

Industry Expertise and Innovative Solutions

With deep expertise in advanced technologies, CGI integrates artificial intelligence, data analytics, and automation into its service offerings. The company’s commitment to innovation is reflected in its tailored digital transformation projects, which address complex business challenges through precise, cutting-edge solutions while maintaining a focus on operational resiliency and efficiency.

Commitment to Excellence and Trusted Partnerships

The success of CGI is anchored by its team of highly skilled consultants and professionals, whose experience and accountability underpin every project. By fostering a culture of continuous improvement and leveraging a well-established local relationship model, CGI not only drives business outcomes for its clients but also sustains a legacy of trust, expertise, and reliability in the global IT consulting arena.

News

CGI partners with MOSL to enable continued innovation for the retail water market in England

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CGI (TSX: GIB.A) (NYSE: GIB) secures an $18.7 million contract with Market Operator Services (MOSL) to continue managing core platforms, focusing on innovation and efficiency in the water retail market. The collaboration aims to support sustainability initiatives like smart meters and improve customer service.
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CGI appointed as Strategic Delivery Partner to UK Cabinet Office for digital transformation

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CGI (TSX: GIB.A) (NYSE: GIB) secures a $162 million contract with the UK Government's Cabinet Office as a Strategic Delivery Partner for digital transformation. The five-year deal aims to provide digital, data, and technology services, emphasizing innovation and value creation.
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CGI selected by Centers for Medicare & Medicaid Services to improve Medicare access for more than 65 million beneficiaries nationwide

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CGI Federal Inc. has been awarded a contract by CMS to modernize the Health Plan Management System, benefiting millions of Medicare beneficiaries. The contract is valued at US$72M and includes advanced technologies to enhance plan enrollment and compliance processes.
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CGI U.S. earns perfect score for the third year in a row in Human Rights Campaign Foundation's Corporate Equality Index

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CGI's U.S. operations receive a perfect score for the third consecutive year in the Human Rights Campaign Foundation's Corporate Equality Index, showcasing a commitment to LGBTQ+ workplace inclusion and diversity.
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Massachusetts selects CGI for transformation of Commonwealth';s enterprise financial system

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CGI (TSX: GIB.A) (NYSE: GIB) has been awarded a contract by the Commonwealth of Massachusetts to deliver a financial management solution through CGI Advantage®, a cloud-based platform. The contract aims to increase data transparency, compliance, and efficiency for the Commonwealth, with key officials expressing optimism for the transformative impact of the new technology.
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CGI announces intent to repurchase 1.67 million of its shares

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CGI (TSX: GIB.A) (NYSE: GIB) announces a private agreement with Founder and Executive Chairman for the repurchase of 1,674,930 Class A shares at a discount of 3%. The total consideration is $250 million, funded from cash on hand. The Special Committee and Board of Directors unanimously approved the transaction, benefiting shareholders. The transaction is for estate planning purposes, reducing Mr. Godin's voting rights slightly.
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CGI selected by State of Utah for modernization of human capital management solution across 30 agencies

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CGI (GIB) chosen by the State of Utah for modernization of human capital management solution, benefiting from CGI Advantage to enhance payroll accuracy and efficiency across 30 state agencies employing 23,000 employees. The partnership aims to align with Governor Spencer J. Cox's 'One Utah Roadmap' for improved customer experience and performance management.
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CGI and LocalTapiola extend long-term partnership to further advance enterprise-wide digital transformation program

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CGI and LocalTapiola Extend Strategic Partnership for Five More Years, Valued at CAD 284 Million
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CGI';s 2023 ESG Report highlights progress through responsible innovation

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CGI (NYSE: GIB) publishes its 2023 ESG Report, showcasing progress in reducing CO2e emissions, achieving sustainability goals, and aligning with the Science Based Targets initiative. The company received a Platinum rating from EcoVadis and was recognized by CDP for its sustainability performance.
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CGI reports director election results

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CGI held its Annual General Meeting of Shareholders in Montréal, Quebec, Canada, on January 31, 2024. All 15 directors proposed for election were elected by shareholders on a vote by electronic ballot. The votes for each director ranged from 96.73% to 99.82% with varying percentages of votes withheld.
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FAQ

What is the current stock price of CGI (GIB)?

The current stock price of CGI (GIB) is $105.23 as of April 17, 2025.

What is the market cap of CGI (GIB)?

The market cap of CGI (GIB) is approximately 23.1B.

What core services does CGI Inc offer?

CGI provides a range of services including IT consulting, systems integration, application maintenance, and business process services. These offerings are designed to help organizations manage complex IT environments and drive digital transformation.

How does CGI generate its revenue?

CGI generates revenue through its diversified service portfolio, which includes consulting engagements, systems integration projects, and managed IT services. Its revenue streams span multiple sectors such as government, finance, healthcare, and other large enterprises.

Which industries does CGI serve?

CGI serves a wide array of industries including government, financial services, healthcare, manufacturing, and retail. This diverse industry focus allows the company to tailor its solutions to the unique needs of each sector.

How is CGI positioned in the global IT consulting market?

With operations in over 40 countries and a comprehensive global delivery network, CGI is well positioned to support both local and global clients. Its extensive expertise and trusted service model have established CGI as a reliable advisor in digital transformation and IT consulting.

What differentiates CGI from its competitors?

CGI distinguishes itself through a strong focus on connecting localized client relationships with a powerful global delivery model. This integrated approach, combined with deep technical expertise and continuous innovation, ensures that CGI delivers tailored and effective IT solutions.

How does CGI support digital transformation initiatives?

CGI leverages advanced technologies such as artificial intelligence, data analytics, and automation to support digital transformation. By providing end-to-end services, the company helps clients modernize their IT infrastructures and achieve measurable improvements in efficiency.

What is CGI's approach to maintaining strong client relationships?

CGI employs a local relationship model that is supported by a global network of delivery centers. This ensures that clients receive personalized attention and high-quality service, building long-term partnerships based on trust and consistent performance.

How does innovation play a role in CGI's service offerings?

Innovation is integral to CGI’s approach, with a focus on incorporating emerging technologies and industry best practices into its projects. This commitment to innovation ensures that clients benefit from state-of-the-art technology solutions that are both efficient and scalable.
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CGI Inc

NYSE:GIB

GIB Rankings

#383 Ranked by Market Cap
#2030 Ranked by Dividends

GIB Stock Data

23.12B
202.24M
0.27%
70.18%
0.93%
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