Bird Construction Achieves Great Milestones with TSX30 Recognition

Bird Construction Celebrates Major Recognition in the Industry

Bird Construction Inc. is thrilled to announce its recent recognition as a 2024 TSX30 winner by the Toronto Stock Exchange. This prestigious accolade highlights the company’s remarkable growth and standout leadership within the Canadian construction sector.

Celebration of Achievement

On the heels of this announcement, Bird’s common shares are set to be included in the S&P/TSX Composite Index, slated to take effect before market opening on Monday, September 23, 2024. This inclusion aligns with Bird’s strong performance and commitment to excellence in the construction domain.

What is the TSX30?

The TSX30 ranks the top 30 performing companies on the TSX based on their share price performance adjusted for dividends over a three-year period. Bird's impressive performance is evidenced by a 245% increase in dividend-adjusted share price and a 209% rise in market capitalization within that timeframe, landing them in the impressive 7th place on the TSX30 list.

Understanding the S&P/TSX Composite Index

The S&P/TSX Composite Index serves as the principal benchmark for Canadian equity markets and is essential for investors seeking the most prominent and liquid companies in the country. Bird's inclusion in this index will undoubtedly enhance its visibility, reaching broader investor demographics and highlighting its significant standing in the market.

Words from Leadership

"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,” expressed Teri McKibbon, President and CEO of Bird. She emphasized that such an achievement is a testament to the dedicated efforts of their remarkable team, the strong relationships established with clients, and an unwavering focus on their long-term vision for sustainable growth and enhanced shareholder returns.

Commitment to Excellence

Bird Construction Inc. is known for its safety-first approach and comprehensive range of construction services. The company is dedicated to delivering innovative solutions across various markets and has been a trusted player in the Canadian construction and maintenance industry for over a century. They are committed to building value for their stakeholders through a people-centric approach.

Contact Information

For further inquiries, company executives T.L. McKibbon (President & CEO) and W.R. Gingrich (CFO) are available for contact. Their office is located at 5700 Explorer Drive, Suite 400, Mississauga, ON L4W 0C6, and can be reached by phone at (905) 602-4122.

Frequently Asked Questions

What does being recognized as a TSX30 winner indicate?

The TSX30 recognition signifies that Bird Construction has consistently shown outstanding performance in share price growth, placing them among the top 30 companies on the Toronto Stock Exchange.

What is the significance of being added to the S&P/TSX Composite Index?

Inclusion in the S&P/TSX Composite Index enhances Bird Construction's visibility and credibility within the investment community, providing greater access to potential investors.

How can I learn more about Bird Construction’s services?

You can explore Bird Construction's comprehensive range of services by visiting their official website, where detailed information about their offerings and projects is available.

Who can be contacted for more information regarding Bird?

For specific inquiries regarding the company's performance or services, T.L. McKibbon and W.R. Gingrich are the primary contacts at Bird Construction.

What is Bird Construction's approach to safety?

Bird Construction operates under a strict safety-first approach, emphasizing the well-being of its workforce while delivering quality construction and maintenance services across Canada.

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