Topic: Growth Stocks

BROADRIDGE FINANCIAL SOLUTIONS $23.65 – New York symbol BR

BROADRIDGE FINANCIAL SOLUTIONS $23.65 (New York symbol BR; TSINetwork Rating: Extra Risk) (201-714-3000; www.broadridge.com; Shares outstanding: 126.7 million; Market cap: $3.0 billion; Dividend yield: 2.7%) is now working with the Singapore Exchange to build a new service aimed at improving the accuracy, efficiency and transparency of Singapore’s shareholder communication and proxy processes. This system will replace the manual system that is now in use.

The new service will use Broadridge’s shareholder-communications software, but it will be tailored to the specific requirements of the Singapore market and domestic and international investors. The Singapore Exchange will market the service to its listed issuers.

No financial terms were disclosed, but the deal reinforces Broadridge’s leading position in the field of investor communications.

Broadridge is a buy.

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