Bird Recognized on TSX30™ and Added to S&P/TSX Composite Index
10 September 2024 - 9:30PM
Bird Construction Inc. (TSX: BDT) is proud to have been recognized
as a 2024 TSX30™ winner by the Toronto Stock Exchange (“TSX”), a
significant achievement that highlights the company’s exceptional
growth and leadership in the Canadian construction industry. This
recognition comes on the heels of the September 6, 2024,
announcement by S&P/Dow Jones Indices that Bird’s common shares
will be added to the S&P/TSX Composite Index effective prior to
the market open on Monday, September 23, 2024.
The TSX30™ is an annual ranking of the 30
top-performing companies on TSX based on dividend-adjusted share
price performance over a three-year period. Bird’s 7th place
ranking on the TSX30™ reflects a 245% increase in dividend-adjusted
share price performance and a 209% increase in market
capitalization over the three-year period.
The S&P/TSX Composite Index is maintained by
S&P Dow Jones Indices, a division of S&P Global. The
S&P/TSX Composite Index is the headline index for Canada and
the principal benchmark for Canadian equity markets, represented by
the largest, most liquid companies. Inclusion on the Index will
enhance the visibility of the Company and increase its reach across
a broader investor base.
“We are honoured to be named among the top 30
companies on the TSX in 2024 and be added to the S&P/TSX
Composite Index,” said Teri McKibbon, President and CEO of Bird.
“An achievement like this would not be possible without the hard
work and dedication of our exceptional One Bird team, the trust and
collaboration we have achieved with our clients, and our unwavering
commitment to our long-term strategic vision. Looking ahead, we
remain focused on continuing our journey of sustainable growth,
margin accretion, and delivering strong shareholder returns.”
This press release contains forward-looking
information (as defined in applicable Canadian securities
legislation) that involves known and unknown risks, uncertainties
and other factors which may cause actual results, performance, or
achievements to materially differ from those expressed or implied
by the forward-looking information.
The Toronto Stock Exchange does not accept responsibility for
the adequacy or accuracy of this release.
For further information, contact:T.L. McKibbon,
President & CEO orW.R. Gingrich, CFOBird Construction Inc.5700
Explorer Drive, Suite 400Mississauga, ON L4W 0C6Phone: (905)
602-4122
About Bird Construction
Bird (TSX: BDT) is a leading Canadian construction and
maintenance company operating from coast-to-coast-to-coast.
Servicing all of Canada's major markets through a collaborative,
safety-first approach, Bird provides a comprehensive range of
construction services, self-perform capabilities, and innovative
solutions to the industrial, buildings, and infrastructure markets.
For over 100 years, Bird has been a people-focused company with an
unwavering commitment to safety and a high level of service that
provides long-term value for all stakeholders. www.bird.ca
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