CGI Board Approves Renewal of Normal Course Issuer Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 28 2026
0mins
Should l Buy GIB?
Source: Newsfilter
- Bid Renewal: CGI's Board has authorized the renewal of its Normal Course Issuer Bid, allowing for the repurchase of up to 18,975,360 Class A shares, aimed at enhancing shareholder value upon TSX approval.
- Market Float: As of January 23, 2026, CGI had 190,635,136 Class A shares outstanding, with approximately 99.54% widely held, indicating strong market acceptance and liquidity.
- Repurchase Details: The new buyback plan is set to commence on February 6, 2026, permitting purchases at market prices, which is expected to positively impact shareholder returns and market perception.
- Historical Performance: Under the current NCIB, CGI has repurchased 12,945,271 Class A shares for a total of $1.72 billion, reflecting a proactive approach to capital management and shareholder engagement.
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Analyst Views on GIB
Wall Street analysts forecast GIB stock price to rise
7 Analyst Rating
4 Buy
3 Hold
0 Sell
Moderate Buy
Current: 75.200
Low
81.00
Averages
129.22
High
270.00
Current: 75.200
Low
81.00
Averages
129.22
High
270.00
About GIB
CGI Inc. is a Canada-based independent information technology (IT) and business consulting services company. It delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. Its segments include Western and Southern Europe (France, Portugal and Spain); United States (U.S.) Commercial and State Government; U.S. Federal; Canada; Scandinavia, Northwest and Central-East Europe (primarily Sweden, Netherlands, Norway, Denmark and Czech Republic); United Kingdom (U.K.) and Australia; Germany; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (mainly India and Philippines) (Asia Pacific). It works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. It also has a presence in other European countries and Morocco.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CGI Recognized as Leader in 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms
- Leader Position Confirmed: CGI has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, reflecting its outstanding performance in execution capabilities and strategic vision, thereby enhancing its competitive edge in the fintech sector.
- Platform Advantages: The CGI All Payments platform, built on global industry standards, supports real-time, high-value, and bulk payments, helping banks improve processing efficiency and cost transparency while enhancing customer satisfaction and market share during modernization efforts.
- Industry Expertise: With deep expertise in payment markets and long-standing partnerships with banks, CGI provides clients with secure, efficient, and compliant payment solutions, further solidifying its leadership position in an increasingly complex payments landscape.
- Commitment to Continuous Innovation: CGI is dedicated to helping financial institutions modernize their payment capabilities gradually through its modular payment platform and transparent commercial models, addressing evolving market demands and risks to ensure sustained growth in the industry.
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CGI Recognized as Leader in 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms
- Industry Leadership: CGI has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, reflecting its exceptional execution capabilities and strategic vision, thereby solidifying its market position in the fintech sector.
- Payment Solution Advantages: The CGI All Payments platform, built on global industry standards, supports real-time, high-value, and bulk payments, effectively enhancing the modernization and operational efficiency of payment infrastructures, enabling banks to maintain competitiveness in a complex payments landscape.
- Customer Value Creation: Leveraging deep expertise in payment markets and long-standing partnerships with banks, CGI is committed to delivering secure, efficient, and compliant payment solutions that ensure clients derive tangible value from their payment operations.
- Financial Performance: CGI reported revenue of CA$15.91 billion for fiscal 2025, demonstrating strong market demand and ongoing business growth potential, further enhancing its influence in the global IT and business consulting services market.
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- Team Expansion: This acquisition will increase CGI's consultant count in Atlanta to nearly 600, as 200 consultants from Stratfield Consulting join CGI, thereby enhancing the company's local service capabilities and market responsiveness.
- Client Value Enhancement: By integrating Stratfield Consulting's expertise, CGI can offer clients broader industry insights and delivery scale, further strengthening client relationships and driving business growth.
- Market Outlook: With CGI's reported revenue of CA$15.91 billion for fiscal 2025, this acquisition will help the company seize more opportunities in the rapidly growing U.S. market, driving sustainable growth in the future.
See More
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- Acquisition Strategy: CGI announced the acquisition of Stratfield Consulting, expected to close in February 2026, which will further solidify CGI's position in the key Atlanta market and enhance its capabilities in digital engineering and product development.
- Talent Integration: With nearly 200 consultants from Stratfield, CGI's total in Atlanta will rise to nearly 600, significantly boosting its service capacity and responsiveness in the local market.
- Enhanced Client Value: By integrating Stratfield's expert team, CGI will provide clients with broader industry insights and delivery scale, helping them achieve better business outcomes and further strengthening client relationships.
- Market Outlook: With reported revenue of CA$15.91 billion for fiscal 2025, this acquisition not only aids in increasing market share but also positions CGI for long-term growth in the rapidly evolving technology consulting market.
See More
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- Escalating Trade Pressure: Trump has strongly criticized the Canada-China trade agreement, labeling it detrimental to the U.S., which could further weaken America's position in international trade.
- Tariff Increase Risks: By raising tariffs on South Korea to 25%, Trump risks exacerbating tensions in the already fragile memory chip market, potentially impacting the profitability of related companies.
- French Social Media Legislation: The French lower house has approved legislation to block children under 15 from social media, indicating a tougher stance on Big Tech, which may affect these companies' user bases and advertising revenues.
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- Oversold Signal: CGI Inc (Ticker: GIB) saw its RSI drop to 29.6 during Wednesday's trading, indicating an oversold condition as shares hit a low of $83.78, suggesting that recent heavy selling may be nearing exhaustion.
- Market Comparison: In contrast to the S&P 500 ETF (SPY) with an RSI of 58.1, GIB's oversold status could entice bullish investors to seek entry points, indicating a potential shift in market sentiment.
- Price Fluctuation Range: GIB's 52-week low stands at $83.75, while the high is $122.79, with the last trade at $84.28, indicating that the stock is hovering near its low, which may attract value investors' attention.
- Investor Sentiment: Despite the current price being close to its low, investors should cautiously assess changes in market sentiment to determine whether to buy in an oversold condition, which could impact future price movements.
See More
CGI Recognized as Leader in 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms
- Leader Position Confirmed: CGI has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, reflecting its outstanding performance in execution capabilities and strategic vision, thereby enhancing its competitive edge in the fintech sector.
- Platform Advantages: The CGI All Payments platform, built on global industry standards, supports real-time, high-value, and bulk payments, helping banks improve processing efficiency and cost transparency while enhancing customer satisfaction and market share during modernization efforts.
- Industry Expertise: With deep expertise in payment markets and long-standing partnerships with banks, CGI provides clients with secure, efficient, and compliant payment solutions, further solidifying its leadership position in an increasingly complex payments landscape.
- Commitment to Continuous Innovation: CGI is dedicated to helping financial institutions modernize their payment capabilities gradually through its modular payment platform and transparent commercial models, addressing evolving market demands and risks to ensure sustained growth in the industry.
See More
CGI Recognized as Leader in 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms
- Industry Leadership: CGI has been recognized as a Leader in the 2026 Gartner Magic Quadrant for Banking Payment Hub Platforms, reflecting its exceptional execution capabilities and strategic vision, thereby solidifying its market position in the fintech sector.
- Payment Solution Advantages: The CGI All Payments platform, built on global industry standards, supports real-time, high-value, and bulk payments, effectively enhancing the modernization and operational efficiency of payment infrastructures, enabling banks to maintain competitiveness in a complex payments landscape.
- Customer Value Creation: Leveraging deep expertise in payment markets and long-standing partnerships with banks, CGI is committed to delivering secure, efficient, and compliant payment solutions that ensure clients derive tangible value from their payment operations.
- Financial Performance: CGI reported revenue of CA$15.91 billion for fiscal 2025, demonstrating strong market demand and ongoing business growth potential, further enhancing its influence in the global IT and business consulting services market.
See More
CGI Acquires Stratfield Consulting to Strengthen Atlanta Market Position
- Acquisition Strategy: CGI has announced the acquisition of Stratfield Consulting, expected to close in February 2026, which will further solidify CGI's position in Atlanta, a key growth market, enhancing its capabilities in digital engineering and product development.
- Team Expansion: This acquisition will increase CGI's consultant count in Atlanta to nearly 600, as 200 consultants from Stratfield Consulting join CGI, thereby enhancing the company's local service capabilities and market responsiveness.
- Client Value Enhancement: By integrating Stratfield Consulting's expertise, CGI can offer clients broader industry insights and delivery scale, further strengthening client relationships and driving business growth.
- Market Outlook: With CGI's reported revenue of CA$15.91 billion for fiscal 2025, this acquisition will help the company seize more opportunities in the rapidly growing U.S. market, driving sustainable growth in the future.
See More
CGI Acquires Stratfield Consulting to Strengthen Atlanta Market Position
- Acquisition Strategy: CGI announced the acquisition of Stratfield Consulting, expected to close in February 2026, which will further solidify CGI's position in the key Atlanta market and enhance its capabilities in digital engineering and product development.
- Talent Integration: With nearly 200 consultants from Stratfield, CGI's total in Atlanta will rise to nearly 600, significantly boosting its service capacity and responsiveness in the local market.
- Enhanced Client Value: By integrating Stratfield's expert team, CGI will provide clients with broader industry insights and delivery scale, helping them achieve better business outcomes and further strengthening client relationships.
- Market Outlook: With reported revenue of CA$15.91 billion for fiscal 2025, this acquisition not only aids in increasing market share but also positions CGI for long-term growth in the rapidly evolving technology consulting market.
See More
Trump Criticizes Canada-China Trade Deal
- Escalating Trade Pressure: Trump has strongly criticized the Canada-China trade agreement, labeling it detrimental to the U.S., which could further weaken America's position in international trade.
- Tariff Increase Risks: By raising tariffs on South Korea to 25%, Trump risks exacerbating tensions in the already fragile memory chip market, potentially impacting the profitability of related companies.
- French Social Media Legislation: The French lower house has approved legislation to block children under 15 from social media, indicating a tougher stance on Big Tech, which may affect these companies' user bases and advertising revenues.
- India-EU Tariff Agreement: The Indian government has reportedly reached an agreement with the EU to lower tariffs on cars imported from the bloc from 110% to 40%, a policy shift that will promote bilateral trade and potentially attract more foreign investment.
See More
CGI Inc Shares Enter Oversold Territory
- Oversold Signal: CGI Inc (Ticker: GIB) saw its RSI drop to 29.6 during Wednesday's trading, indicating an oversold condition as shares hit a low of $83.78, suggesting that recent heavy selling may be nearing exhaustion.
- Market Comparison: In contrast to the S&P 500 ETF (SPY) with an RSI of 58.1, GIB's oversold status could entice bullish investors to seek entry points, indicating a potential shift in market sentiment.
- Price Fluctuation Range: GIB's 52-week low stands at $83.75, while the high is $122.79, with the last trade at $84.28, indicating that the stock is hovering near its low, which may attract value investors' attention.
- Investor Sentiment: Despite the current price being close to its low, investors should cautiously assess changes in market sentiment to determine whether to buy in an oversold condition, which could impact future price movements.
See More
