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Alphabet Inc. (GOOG)
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Constellation Software Inc. (CSU)
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Topicus.com Inc. (TOI)
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Lumine Group Inc. (LMN)
Q: Hi 5i Team - Constellation Software is a company that has never issued shares beyond their initial IPO. I'm pretty sure this applies to LMN and TOI as well but could you confirm. In all three, is there any possibility of them issuing more shares in the future.
Also could you name a few other companies that have never issued shares, Canadian, U.S., any size market cap, any sector.
Thanks.
Also could you name a few other companies that have never issued shares, Canadian, U.S., any size market cap, any sector.
Thanks.
5i Research Answer:
The three companies CSU, LMN and TOI have had inter-company share dealings, but no public issues. To our knowledge, GOOG has not issued shares other than for acquisitions, which is not quite the same. Unfortunately, we know of few more. Our data base is not able to screen for this information. Even using DeepSeek we couldn't get specific company names. Lots of companies have fewer shares outstanding because of buybacks, but from a 'never issue' standpoint the list is very thin.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in GOOG.