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Topicus.com Inc. is a newly-created wholly-owned subsidiary of Constellation Software Inc. Effective Date (open): 27/10/2020 NO LATE DIVIDENDS Solactive GBS Developed Markets All Cap USD Index NTR NO LATE DIVIDENDS Solactive GBS Global Markets All … Continued Yield is 0.32%. It buys companies and uses the free cashflow to keep buying more. Constellation Software is a leading provider of software and services to a select group of public and private sector markets. Has one of Canada's greatest CEOs. Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Email Print Friendly Share September 21, 2020 18:37 ET | Source: Constellation Software … That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Constellation did not disclose the price it paid for Topicus.com, but said the company posted sales of €101-million ($154-million) last year and has 1,000 employees. Press Release Constellation Software Inc. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services.About Constellation Software Inc.Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.For further information, contact:Constellation Software Inc. Jamal … Following the spin-out and the acquisition, Topicus.com Inc. will indirectly own a 60.7% interest in the business. About Constellation Software Inc. Constellation acquires, manages and builds vertical market software businesses that provide mission-critical software solutions. Constellation Software is a Canadian software company that grows by acquisition that has a great track record of returning value to shareholders. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend Financial Post . Files Final Prospectus and Declares Dividend in Connection with Proposed Topicus.com Spin Out, Stocks: TSX:CSU, release date:Dec 18, 2020 ET On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such spin-out shares by November 17th. 4 weeks Constellation Software Inc. Files Preliminary Prospectus in Connection with Proposed Topicus.com Spin Out Published: Sept. 21, 2020 at 6:38 p.m. Best growth days are probably behind it, but still a great business. He thinks eventually its businesses will spin off. Following the completion of the spin-out and the Topicus.com B.V. acquisition, the shareholders of Topicus.com Inc. will own 100% of subordinate voting shares of Topicus.com Inc. while Constellation Software will own 100% of super-voting shares. Great balance sheet. Constellation also announced today that it has resolved to pay a special dividend (the “Dividend”) pursuant to which all common shareholders of record on December 28, 2020 (the “Record Date”) will be entitled to receive, by way of a dividend-in-kind, 1.859817814 subordinate voting shares of Topicus.com Inc. (the “Spin-Out Shares”) for each common share of Constellation held. We acquire, manage and build industry specific software businesses which provide specialized, mission-critical software solutions that address the … TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that a preliminary prospectus has been filed in all provinces and territories of Canada in connection with its previously announced intention to explore opportunities for a future public listing of the shares of Topicus.com Inc. Topicus connects organizations, professionals and end users within and across the vertical markets of education, healthcare, municipalities and financial services. Constellation Software is well known to be a serial acquirer of small vertical market software (VMS) companies, having purchased 500 or so of these in it's history and the results speak for themselves. Provides Update in Connection with Proposed Topicus.com Spin Out and Previously Declared Conditional Dividend … The planned spin-out will see existing Constellation shareholders receive 1.86 Topicus.com subordinated voting shares for each share they own, in the form of a dividend. Constellation also announced today that it has resolved to pay a special dividend (the “Dividend”) pursuant to which all common shareholders of record on December 28, 2020 (the “Record Date”) will be entitled to receive, by way of a dividend-in-kind, 1.859817814 subordinate voting shares of Topicus.com Inc. (the “Spin-Out Shares”) for each common share of Constellation held. A $1 investment in Constellation Software 10 years ago would be worth nearly $40 today, compared to only $1.30 for the TSX index. TORONTO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- On October 20, 2020, Constellation announced that it had resolved to pay a special dividend of Topicus.com shares, conditional upon receipt by Constellation of such spin-out shares by November 17th. Upcoming Spin-offs. TORONTO, Dec. 18, 2020 — As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU), acting through its TSS operating group and its subsidiary TPCS Holding B.V., entered into a binding agreement with IJssel B.V. to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider. The business of Topicus.com Inc. will be comprised of (i) what is currently TSS operating group, and the business carried on by Topicus.com B.V. (Analysts’ price target is $1679.38) That condition will not be satisfied on or prior to November 17, 2020, and therefore the previously declared conditional dividend will not be paid. Constellation Software Inc. Constellation Software Inc. TORONTO, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Constellation Software Inc. (“Constellation”) (TSX:CSU) announced today that a preliminary prospectus has been filed in all provinces and territories of Canada in connection with its previously announced intention to explore opportunities for a future public listing of the shares of Topicus.com Inc. Constellation Software Inc. Constellation Software (TSX: CSU) announced back in September that it would spin-off Topicus.com. Due to the spin off by CONSTELLATION SOFTWARE INC, the following Indices will be adjusted: The spin-off company TOPICUS.COM INC will be added to the Index according to the transaction terms. 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