FSV

FirstService Announces Election of Directors

Retrieved on: 
Wednesday, April 3, 2024

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService’s management information circular dated February 23, 2024 (the “Circular”) were elected as directors of FirstService.

Key Points: 
  • TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService’s management information circular dated February 23, 2024 (the “Circular”) were elected as directors of FirstService.
  • Directors have been elected to serve until the close of the next annual meeting of shareholders.
  • The detailed results of the vote are set out below.

FirstService Corporation Announces Upcoming Meeting and Financial Reporting Dates

Retrieved on: 
Thursday, March 21, 2024

TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 3, 2024 at 11:00 a.m. ET. The meeting will be webcast live and can be either accessed via FirstService’s website at www.firstservice.com in the “Investors” section under the “Newsroom” tab prior to the meeting or by accessing the LUMI AGM platform directly at https://web.lumiagm.com/440146718. Shareholders wishing to attend the virtual general meeting must log in via the LUMI AGM platform link above, using the password “firstservice2024”. Registered shareholders will additionally need to enter their control number (received with the Notice of Meeting). Please ensure the browser on your device has the latest version of Chrome, Safari, Edge or Firefox. Internet Explorer and mobile devices are not supported.

Key Points: 
  • Annual Meeting of Shareholders on April 3, 2024
    Release of First Quarter 2024 Results on April 24, 2024
    TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 3, 2024 at 11:00 a.m.
  • Shareholders wishing to attend the virtual general meeting must log in via the LUMI AGM platform link above, using the password “firstservice2024”.
  • Registered shareholders will additionally need to enter their control number (received with the Notice of Meeting).
  • FirstService also announced that its financial results for the first quarter ending March 31, 2024 will be issued by press release on Wednesday, April 24, 2024 at approximately 7:30 am ET.

FirstService Residential Further Enhances Market Leadership Position in Florida

Retrieved on: 
Tuesday, February 27, 2024

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).

Key Points: 
  • TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).
  • William “Bill” Rizzetta, Founder and President, will retain a significant equity stake in the Company and will continue to lead its operations.
  • Based in Tampa, Florida and founded in 1986, Rizzetta is a leading full-service provider of consulting and property management services to homeowner associations and community development districts (“CDDs”) through eight offices across Florida.
  • “This is a key transaction which broadens our service offering and capabilities as the residential property management market leader in Florida,” said David Diestel, Chief Executive Officer of FirstService Residential.

FS Vector Adds Ashwin Vasan as a Senior Advisor

Retrieved on: 
Tuesday, March 5, 2024

Leading regulatory advisory firm FS Vector (FSV) today announced that Ashwin Vasan has joined the firm as a Senior Advisor.

Key Points: 
  • Leading regulatory advisory firm FS Vector (FSV) today announced that Ashwin Vasan has joined the firm as a Senior Advisor.
  • Mr. Vasan was most recently Associate Director of Research, Monitoring and Regulations at the Consumer Financial Protection Bureau (CFPB).
  • Ashwin’s experience gives him a unique perspective that will benefit FSV clients.”
    "I'm thrilled to join the outstanding team at FS Vector as a Senior Advisor to support their innovative clients on issues related to the ever-changing financial services landscape," said Vasan.
  • “Ashwin Vasan has that deep knowledge, that savviness, that wisdom — gleaned from years as a leader in both the public and private sectors.

FirstService Reports Fourth Quarter and Full Year Results

Retrieved on: 
Tuesday, February 6, 2024

TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced fourth quarter and full year results for the year ended December 31, 2023. All amounts are in US dollars.

Key Points: 
  • TORONTO, Feb. 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced fourth quarter and full year results for the year ended December 31, 2023.
  • Consolidated revenues for the fourth quarter were $1.08 billion, a 6% increase relative to the same quarter in the prior year.
  • Diluted EPS was $0.14 per share in the quarter, compared to $0.86 for the same quarter a year ago.
  • “We are pleased with our fourth quarter performance which lined up with our expectations,” said Scott Patterson, Chief Executive Officer of FirstService.

FirstService Declares 11% Increase To Quarterly Cash Dividend

Retrieved on: 
Monday, February 5, 2024

TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.225 per Common Share and declared a quarterly dividend of US$0.25 per Common Share.

Key Points: 
  • TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has approved an 11% increase in the quarterly cash dividend on the outstanding Common Shares of the Company over the previous US$0.225 per Common Share and declared a quarterly dividend of US$0.25 per Common Share.
  • The dividend is payable on April 5, 2024 to holders of Common Shares of record at the close of business on March 29, 2024.
  • The Company’s dividend will be US$1.00 on an annualized basis, up from US$0.90 during the past year.
  • The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.

FirstService Adds Restoration Tuck-Under Acquisitions

Retrieved on: 
Wednesday, January 10, 2024

TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that it has recently completed three restoration tuck-under acquisitions.

Key Points: 
  • TORONTO, Jan. 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) today announced that it has recently completed three restoration tuck-under acquisitions.
  • Founded in 2007, the company is one of the largest providers of full service commercial restoration services in Dayton and the surrounding region.
  • As with our other Paul Davis operations, these businesses are full-service restoration providers to residential and commercial properties.
  • The acquisitions complement our existing Paul Davis company-owned operations in Utah and Nevada and enhance our ability to drive growth across the Mountain States region.

FirstService to Announce Fourth Quarter and Annual Results for 2023 on February 6, 2024

Retrieved on: 
Tuesday, January 9, 2024

TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 by press release on Tuesday, February 6, 2024 at approximately 7:30 am ET.

Key Points: 
  • TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it will release its financial results for the fourth quarter ended December 31, 2023 by press release on Tuesday, February 6, 2024 at approximately 7:30 am ET.
  • The conference call to review these financial results will take place at 11:00 am ET on Tuesday, February 6, 2024, and will be hosted by D. Scott Patterson, CEO, and Jeremy Rakusin, CFO.
  • This call is being webcast live at the Company’s website at www.firstservice.com .
  • Participants may register for the call here https://register.vevent.com/register/BI3a29ed98b6cc4f77b35613631b9849bb to receive the dial-in number and their unique PIN.

FirstService Acquires Roofing Corp of America

Retrieved on: 
Monday, December 18, 2023

TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it has acquired Roofing Corp of America (“Roofing Corp” or “RCA”), one of the largest commercial roofing enterprises in North America.

Key Points: 
  • TORONTO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that it has acquired Roofing Corp of America (“Roofing Corp” or “RCA”), one of the largest commercial roofing enterprises in North America.
  • Headquartered in Atlanta, Georgia, Roofing Corp delivers a wide range of end-to-end roofing services, including re-roofing, repair and maintenance, and new roof installations, to building owners, property and facility managers, homeowners’ associations, and general contractors.
  • Roofing Corp generates annual revenues of approximately US$400 million with operating margins that are modestly higher than the consolidated margin profile across FirstService.
  • We see strong alignment with the team across RCA and are excited about working together to build the premier roofing contractor in North America.

FirstService Declares Quarterly Cash Dividend on Common Shares

Retrieved on: 
Tuesday, November 28, 2023

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.225 per Common Share.

Key Points: 
  • TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX: FSV; NASDAQ: FSV) ("FirstService") announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding Common Shares of US$0.225 per Common Share.
  • The dividend is payable on January 5, 2024 to holders of Common Shares of record at the close of business on December 29, 2023.
  • The dividend on Common Shares is an "eligible dividend" for Canadian income tax purposes.