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Stantec, Inc. - $STN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Stantec's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Stantec's position in the market.

Rhea-AI Summary

Stantec, a global leader in sustainable design and engineering, has acquired Hydrock, a UK integrated engineering design firm, expanding its UK workforce by over 30%. The acquisition aims to diversify expertise and bolster offerings in energy, buildings, and infrastructure markets. The transaction closed on April 30, with undisclosed terms. Hydrock's addition enhances Stantec's capabilities in fire safety, energy, sustainability, civil and structural, MEP, transport, environmental, and geotechnical services, aligning with both companies' commitment to sustainable operations and inclusive cultures.

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End-of-Day
1.03%
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Rhea-AI Summary

Stantec, a global leader in sustainable design and engineering, has been selected by BC Hydro to provide transmission and distribution engineering services for the electrical infrastructure in British Columbia, Canada. The CAD$186-million master services agreement is part of BC Hydro's 10-year capital plan to modernize its electrical grid and provide clean, reliable energy to communities throughout British Columbia. Stantec will supply a range of engineering services, project management, and oversight for this initiative.

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-2.09%
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Rhea-AI Summary
Stantec, a global leader in sustainable design and engineering, will release its first quarter 2024 financial results on May 8, 2024, followed by a webcast and conference call on May 9, 2024. The company's president and CEO, Gord Johnston, along with CFO Theresa Jang, will discuss the performance. Additionally, Stantec will hold its virtual annual general meeting of shareholders on the same day.
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-0.43%
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Rhea-AI Summary
Stantec, a global leader in sustainable design and engineering, has directed its sustainability-linked loan savings to Indigenous nonprofits focusing on climate action. The company's commitment to sustainability and community support is evident in this initiative.
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-1.45%
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Rhea-AI Summary
Stantec to design Agratas' new battery plant in the UK, creating thousands of jobs and supporting green energy transition
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-1.7%
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Rhea-AI Summary
Stantec reports record financial results for 2023 with net revenue of $5.1 billion, a 13.7% increase over 2022. Adjusted diluted EPS rose by 17.3% to $3.67. The backlog reached $6.3 billion, up by 6.8% since December 31, 2022. Stantec ranks as the 9th most sustainable corporation globally by Corporate Knights.
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-1.7%
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dividends earnings
Rhea-AI Summary
Stantec, a global leader in sustainable design and engineering, will release its fourth quarter and full-year 2023 financial results after markets close on Wednesday, February 28, 2024. The webcast and conference call to discuss the Company’s performance will be held on Thursday, February 29, 2024. The event will feature Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer. Preregistration is recommended for the Q&A session, and the conference call and slideshow presentation will be available on the Events and Presentations section of Stantec.com.
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-0.18%
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Stantec (STN) to Acquire Morrison Hershfield, Expanding Presence in Sustainable Design and Engineering
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1.55%
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Rhea-AI Summary
Stantec Inc. (STN) has received approval from the Toronto Stock Exchange for the renewal of its Normal Course Issuer Bid (NCIB) to purchase up to 2,281,339 common shares, representing approximately 2% of its issued and outstanding common shares. The purchases may commence on December 13, 2023, and will terminate no later than December 12, 2024. Stantec aims to make the purchases on the open market through the facilities of the TSX or any alternative Canadian trading system, and all shares purchased will be cancelled. Additionally, Stantec has renewed its automatic share purchase plan (ASPP) with a designated broker to allow for the purchase of its common shares under the NCIB at times when Stantec normally would not be active in the market due to applicable regulatory restrictions or internal trading black-out periods.
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-1.29%
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Rhea-AI Summary
Stantec Inc. (STN) releases three-year financial targets, including 2024 outlook. The global leader in sustainable design and engineering aims for a net revenue of $7.5 billion, organic net revenue growth at a three-year compound annual growth rate (CAGR) of over 7%, adjusted EBITDA margin at 17% to 18%, and adjusted diluted earnings per share (EPS) at a CAGR in the range of 15% to 18% by the end of 2026.
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Rhea-AI Sentiment
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1.53%
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Stantec, Inc.

NYSE:STN

STN Rankings

STN Stock Data

9.63B
103.82M
0.27%
74.04%
0.75%
Engineering Services
Professional, Scientific, and Technical Services
Link
United States of America
Edmonton

About STN

we’re active members of the communities we serve. that’s why at stantec, we always design with community in mind. the stantec community unites more than 15,000 specialists working in over 250 locations. we collaborate across disciplines and industries to make buildings, infrastructure, and energy and resource projects happen. our work—professional consulting in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics—begins at the intersection of community, creativity, and client relationships. since 1954, our local strength, knowledge, and relationships, coupled with our world-class expertise, have allowed us to go anywhere to meet our clients’ needs in more creative and personalized ways. with a long-term commitment to the people and places we serve, stantec has the unique ability to connect to projects on a personal level and advance the quality of life in communities across the glo