Acquisition would offer TELUS Digital shareholders liquidity at a compelling value and enhance TELUS Digital's ability to effectively respond to changing market dynamics Closer operational integration between TELUS and TELUS Digital to supercharge AI and SaaS transformation across telecommunications, health, agriculture and consumer goods sectors TELUS Digital to continue as a key enabler to TELUS' growth strategy and operational efficiency VANCOUVER, BC , June 12, 2025 /PRNewswire/ - TELUS Corporation (TELUS) today announced that it has submitted a non-binding indication of interest (IOI) to the board of directors of TELUS International (Cda) Inc. (TELUS Digital) in respect of a proposed transaction pursuant to which TELUS would, directly or indirectly through one of its subsidiaries, acquire all of the issued and outstanding subordinate voting shares and multiple voting shares of TELUS Digital not already owned directly or indirectly by TELUS for a price per share of US$ 3.40 to be paid in cash, TELUS common shares or a combination of both. The proposed price represents a premium of approximately 15% to TELUS Digital's closing share price on the New York Stock Exchange (NYSE) on June 11, 2025, and a premium of approximately 23% over TELUS Digital's 30-day volume weighted average trading price based on Canadian composite (Toronto Stock Exchange and all Canadian marketplaces) and U.S. composite (New York Stock Exchange and all U.S. marketplaces) as of such date.
TELUS delivered strong Q1 '25 results, outperforming peers in revenue and EBITDA growth, with notable contributions from TELUS Health and Agriculture segments. The company announced a 7% dividend increase and extended its growth program through 2028, signaling confidence in long-term cash flow and dividend sustainability. TELUS remains attractively valued relative to peers, justified by superior core telecom growth, operational efficiencies, and a sector-leading 7.5% dividend yield.
TU's C$70 billion investment across Canada is built on a rich legacy of national support, with more than C$276 billion already invested since 2000.
![]() TU 3 months ago Paid | Quarterly | $0.28 Per Share |
![]() TU 6 months ago Paid | Quarterly | $0.28 Per Share |
![]() TU 9 months ago Paid | Quarterly | $0.29 Per Share |
![]() TU 10 Jun 2024 Paid | Quarterly | $0.28 Per Share |
![]() TU 8 Mar 2024 Paid | Quarterly | $0.28 Per Share |
31 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | 0.16 Cons. EPS | 0.19 EPS |
7 Feb 2025 Date | | 0.16 Cons. EPS | 0.17 EPS |
8 Nov 2024 Date | | 0.17 Cons. EPS | - EPS |
1 Nov 2024 Date | | 0.17 Cons. EPS | 0.2 EPS |
![]() TU 3 months ago Paid | Quarterly | $0.28 Per Share |
![]() TU 6 months ago Paid | Quarterly | $0.28 Per Share |
![]() TU 9 months ago Paid | Quarterly | $0.29 Per Share |
![]() TU 10 Jun 2024 Paid | Quarterly | $0.28 Per Share |
![]() TU 8 Mar 2024 Paid | Quarterly | $0.28 Per Share |
31 Jul 2025 (49 Days) Date | | - Cons. EPS | - EPS |
7 May 2025 Date | | 0.16 Cons. EPS | 0.19 EPS |
7 Feb 2025 Date | | 0.16 Cons. EPS | 0.17 EPS |
8 Nov 2024 Date | | 0.17 Cons. EPS | - EPS |
1 Nov 2024 Date | | 0.17 Cons. EPS | 0.2 EPS |
Telecommunications Services Industry | Communication Services Sector | Mr. Darren Entwistle B.A., LL.D., M.B.A. CEO | NYSE Exchange | 87971M103 Cusip |
CA Country | 106,800 Employees | - Last Dividend | 18 Mar 2020 Last Split | - IPO Date |
TELUS Corporation, originally known as TELUS Communications Inc., underwent a name change in February 2005 and has been actively providing a wide array of telecommunications and information technology services in Canada since its incorporation in 1998. With headquarters in Vancouver, the company operates through two main segments: Technology Solutions and Digitally-Led Customer Experiences. These segments cater to a diverse range of customer needs, spanning from telecommunications products and services to digital customer experience solutions, emphasizing the company's commitment to innovation and quality in the digital and technological landscapes.
Includes a comprehensive array of solutions such as network services, data services like internet protocol, television, mobile and fixed voice, and data telecommunications. TELUS aims to meet the diverse connectivity needs of its consumer and business customers.
Provides integrated healthcare IT solutions, ensuring efficient and reliable healthcare management for professionals and institutions.
Offers the latest in mobile technology, facilitating seamless communication and productivity on the go.
Delivers robust and scalable hosting, managed IT solutions, and cloud services that empower businesses with the flexibility to grow and adapt to market changes.
Provides innovative software and analytics solutions aimed at enhancing the efficiency and sustainability of food-chain and consumer goods sectors.
Offers comprehensive security solutions, protecting homes and businesses against a range of security threats with cutting-edge technology.
Develops and implements advanced healthcare software and technology solutions, improving patient care and operational efficiency.
Focuses on transforming customer experiences through digital innovation, including artificial intelligence and content management solutions, thus guiding businesses through their digital transformation journey.