CGI reports director election results
Rhea-AI Summary
CGI (NYSE: GIB) held its Annual General Meeting on January 28, 2026 via webcast and all 13 nominated directors were elected by shareholders.
The company reported the electronic ballot results with individual vote percentages; directors received between 95.53% and 99.70% votes in favor, and withholding votes ranged from 0.30% to 4.47%.
Positive
- None.
Negative
- None.
News Market Reaction
On the day this news was published, GIB declined 0.75%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
GIB moved -2.13% with elevated volume while peers were mixed: LDOS +1.03%, CDW -0.57%, IT -3.10%, WIT -2.30%, BR -0.53%, suggesting stock-specific trading rather than a uniform sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 27 | Anniversary milestone | Positive | -1.1% | 50th anniversary theme and strategic focus on AI and digital areas. |
| Jan 27 | AI partnership | Positive | -1.1% | Global go-to-market alliance with OpenAI to scale advanced AI use. |
| Jan 21 | AGM and earnings timing | Neutral | +0.7% | Scheduling details for AGM and Q1 FY2026 results release and call. |
| Jan 20 | AI cloud alliance | Positive | -4.9% | Expansion of Google Cloud Gemini Enterprise agreement to scale agentic AI. |
| Jan 15 | Platform availability | Positive | -2.1% | AI-powered FWA Prevention Platform added to U.S. Treasury FM QSMO marketplace. |
Recent news—largely positive AI partnerships and business milestones—has often coincided with short-term share price declines, indicating a pattern of negative reactions to constructive updates.
Over the last month, CGI has issued several updates highlighting strategic progress. These include AI alliances with OpenAI and Google Cloud, expansion of an AI-powered Fraud, Waste and Abuse Prevention Platform, and its 50th anniversary theme "Building what's next". Despite their constructive tone, four of the last five news days saw negative next-day moves, with only the Jan 21 AGM/Q1 results scheduling notice linked to a modest gain. Today’s director election results follow this active news period and fit within ongoing governance and strategic communications.
Market Pulse Summary
This announcement confirms that all 13 proposed directors were elected with strong shareholder backing, many above 95% of votes cast, reinforcing board continuity. It follows a series of strategic updates on AI partnerships and platforms, as well as recent financial disclosures. Investors tracking CGI may focus on how this stable governance framework supports execution of its stated priorities and how the share price behaves near the 52-week low of $83.75 and below the $96.40 200-day moving average.
AI-generated analysis. Not financial advice.
Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom
All 13 directors proposed for election at the meeting were elected by shareholders on a vote by electronic ballot. The ballots cast and proxies received by CGI for the election of directors were as follows:
Votes for | Votes withheld | |
% | % | |
François Boulanger | 99.52 % | 0.48 % |
Sophie Brochu | 97.79 % | 2.21 % |
George A. Cope | 98.27 % | 1.73 % |
Jacynthe Côté | 98.34 % | 1.66 % |
Julie Godin | 98.00 % | 2.00 % |
Serge Godin | 95.53 % | 4.47 % |
Gilles Labbé | 98.81 % | 1.19 % |
Michael B. Pedersen | 97.25 % | 2.75 % |
Stephen S. Poloz | 99.70 % | 0.30 % |
Mary G. Powell | 98.33 % | 1.67 % |
Alison C. Reed | 99.69 % | 0.31 % |
George D. Schindler | 98.39 % | 1.61 % |
Kathy N. Waller | 99.42 % | 0.58 % |
About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI 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. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is
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SOURCE CGI Inc.