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FirstService Corp (FSV.TO)

FSV.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Firstservice Completes Transaction To Settle Long-Term Incentive Arrangement And Eliminate Dual Class Voting Structure
Friday, 10 May 2019 

FirstService Corp ::FIRSTSERVICE COMPLETES TRANSACTION TO SETTLE LONG-TERM INCENTIVE ARRANGEMENT AND ELIMINATE DUAL CLASS VOTING STRUCTURE.FIRSTSERVICE CORP - HENNICK REMAINS AS A DIRECTOR AND CHAIRMAN OF FIRSTSERVICE.FIRSTSERVICE CORP - SHARES WILL COMMENCE TRADING UNDER SYMBOL "FSV" ON TORONTO STOCK EXCHANGE, NASDAQ GLOBAL SELECT MARKET ON MAY 14.FIRSTSERVICE CORP - HENNICK HAS CONTROL AND DIRECTION OVER 5.8 MILLION COMMON SHARES OF FIRSTSERVICE.FIRSTSERVICE CORP - ELIMINATED MULTIPLE VOTING SHARES AND "BLANK CHEQUE" PREFERENCE SHARES.  Full Article

FirstService Posts Q1 Revenue $485.7 Million
Wednesday, 24 Apr 2019 

April 24 (Reuters) - FirstService Corp ::FIRSTSERVICE REPORTS STRONG FIRST QUARTER RESULTS.Q1 GAAP EARNINGS PER SHARE $0.06.Q1 REVENUE $485.7 MILLION.REVENUES FOR Q1 WERE $485.7 MILLION, UP 14%.QTRLY ADJUSTED EARNINGS PER SHARE $0.30.QUARTERLY ADJUSTED EPS $0.30.  Full Article

FirstService Increases Credit Facility To US$450 Mln
Friday, 12 Apr 2019 

April 11 (Reuters) - FirstService Corp ::FIRSTSERVICE INCREASES CREDIT FACILITY TO US$450 MILLION.FIRSTSERVICE - EXPANDED REVOLVING CREDIT FACILITY BY US$100 MILLION, TO A TOTAL BORROWING CAPACITY OF US$450 MILLION.FIRSTSERVICE CORP - MATURITY DATE OF FACILITY REMAINS JANUARY 2023.  Full Article

FirstService Enters Into Agreement Reaffirming Terms To Settle Long-Term Incentive Arrangement
Wednesday, 3 Apr 2019 

April 2 (Reuters) - FirstService Corp ::FIRSTSERVICE ENTERS INTO DEFINITIVE AGREEMENT REAFFIRMING TERMS TO SETTLE LONG-TERM INCENTIVE ARRANGEMENT AND ELIMINATE DUAL CLASS VOTING STRUCTURE.FIRSTSERVICE - ENTERING AGREEMENT WITH JAY HENNICK, ENTITIES RELATED TO HENNICK TO SETTLE RESTATED MANAGEMENT SERVICES AGREEMENT ENTERED ON FEB. 1, 2004.FIRSTSERVICE - UNDER TERMS OF TRANSACTION, CO WILL PAY US$62.9 MILLION (ABOUT C$84.3 MILLION) IN CASH; AND ISSUE A TOTAL OF 2.9 MILLION SUBORDINATE VOTING SHARES.  Full Article

Firstservice Declares 11% Increase To Quarterly Cash Dividend
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - FirstService Corp ::FIRSTSERVICE DECLARES 11% INCREASE TO QUARTERLY CASH DIVIDEND.FIRSTSERVICE CORP - DECLARED A QUARTERLY DIVIDEND OF US$0.15 PER COMMON SHARE.  Full Article

Firstservice reports Q3 EPS at $0.70
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - FirstService Corp ::FIRSTSERVICE REPORTS STRONG THIRD QUARTER RESULTS.Q3 GAAP EARNINGS PER SHARE $0.70.Q3 REVENUE $506.4 MILLION VERSUS I/B/E/S VIEW $504 MILLION.QUARTERLY ADJUSTED EPS $0.89.  Full Article

Firstservice Reports Q2 GAAP Earnings Per Share $0.62
Wednesday, 25 Jul 2018 

July 25 (Reuters) - FirstService Corp ::FIRSTSERVICE REPORTS STRONG SECOND QUARTER RESULTS.Q2 GAAP EARNINGS PER SHARE $0.62.Q2 REVENUE $495.3 MILLION VERSUS I/B/E/S VIEW $478.8 MILLION.QTRLY ADJUSTED EARNINGS PER SHARE $0.86.  Full Article

Firstservice Raises Credit Facility To $250 Million
Thursday, 18 Jan 2018 

Jan 17 (Reuters) - Firstservice Corp ::FIRSTSERVICE INCREASES CREDIT FACILITY TO US$250 MILLION.FIRSTSERVICE CORP - BORROWING CAPACITY HAS BEEN INCREASED TO US$250 MILLION, UP FROM US$200 MILLION.FIRSTSERVICE CORP - UNDER AMENDED FACILITY, MATURITY DATE HAS BEEN EXTENDED TO JANUARY 2023 FROM JUNE 2020.  Full Article

FIRSTSERVICE REPORTS Q3 GAAP EARNINGS PER SHARE $0.42
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Firstservice Corp :FIRSTSERVICE REPORTS STRONG THIRD QUARTER RESULTS.Q3 GAAP EARNINGS PER SHARE $0.42.Q3 EARNINGS PER SHARE VIEW $0.72 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $456.5 MILLION VERSUS I/B/E/S VIEW $448.1 MILLION.DURING QUARTER, CO CONCLUDED THAT IT WAS NECESSARY TO TAKE A NON-CASH GOODWILL IMPAIRMENT CHARGE IN ITS FIRSTSERVICE BRANDS SEGMENT​.NON-CASH IMPAIRMENT IN QUARTER DOES NOT AFFECT COMPANY'S LIQUIDITY, CASH FLOW OR COMPLIANCE WITH DEBT COVENANTS​.  Full Article