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$DTOL.TO

3 stories mentioning DTOL.TO

Every FINWIRES story that references DTOL.TO, newest first.

Mining & Metals

D2L Fiscal Q1 Profit Drops Despite Higher Revenue; Plans to Spend C$20-Million on a Substantial Issuer Bid

D2L (DTOL.TO) on Tuesday said its fiscal first-quarter income fell by half despite an 8.1% gain in revenue and plans a substantial issuer bid to buy back and cancel C$20 million of its shares.The distance-learning company said it earned US$1.08 million in the period, down from $3.27 million in the year-prior period.Revenue rose to US$57.13 million from US$52.84 million.The company said it will spend C$20 million on a substantial issuer bid for its subordinate shares. The SIB will begin on June 12 and run to July 17. The company said the bid will be a modified Dutch auction "that includes the ability for shareholders to participate via a proportionate tender."

$DTOL.TO
Mining & Metals

D2L Up 15% After Confirming Unsolicited, Non-Binding Proposal To Take It Private

D2L Inc. (DTOL.TO), a global learning technology company, was at last look up near 15% after it responded Tuesday, at the request of the Canadian Investment Regulatory Organization (CIRO), to a media report related to the receipt of an unsolicited proposal to buy it.In a statement DTOL said: "While it is the company's policy not to comment on market speculation or rumors, D2L confirms that it received an unsolicited, non-binding proposal from a third party regarding a take-private transaction. The proposal was not initiated or solicited by the company and the company is not in discussions or negotiations with any party regarding a transaction of the nature described in the media report."Price: $10.10, Change: $+1.29, Percent Change: +14.64%

$DTOL.TO
Mining & Metals

D2L Says Rasmussen University Selected D2L Brightspace to Deliver Inclusive AI in Education

D2L (DTOL.TO) on Monday said that Rasmussen University. part of American Public Education, Inc. selected D2L Brightspace to help power all courses and programs, replacing its previous learning platform, Blackboard.The company said the transition to D2L Brightspace is set to help streamline administrative processes between American Public Education institutions, to better enhance content creation through artificial intelligence and deliver more engaging, inclusive learning experiences.The company said that, following a pilot in May, Rasmussen University plans to implement D2L Brightspace across all programs, with a focus on nursing education."We're excited to support Rasmussen University in its mission to meet learners with more personalized, flexible, and career-focused learning experiences designed to help them reach their goals," said chief executive John Baker. "We're delighted to extend our relationship with American Public Education and help deliver a more engaging and inspiring learning platform for educators and learners."The company's shares were last seen down $0.17 to $8.91 on the Toronto Stock Exchange.Price: $8.91, Change: $-0.17, Percent Change: -1.87%

$DTOL.TO