TELUS International (Cda) Inc. (TIXT) Surges 27% Following Buyout Proposal from TELUS Corporation

From Yahoo Finance: 2025-06-16 15:03:00

TELUS International (Cda) Inc. (TIXT) is one of the 10 Most Undervalued Stocks to Buy for Under $5. TELUS Corporation proposed to buy out all outstanding shares not already owned for $3.40 per share, causing TIXT shares to surge 27%. The proposal is subject to conditions and regulatory approval in Canada and the U.S.

TELUS International (Cda) Inc. specializes in AI and content moderation solutions for global brands. Shares rose 26% following the buyout proposal, with a total weekly return of 27%. While TIXT shows promise, other AI stocks may offer higher potential. Investors seeking undervalued AI stock can refer to a free report for more options.



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