RCI Stock Recent News

TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) (“Rogers”) today announced that it has commenced consent solicitations to amend the indentures governing certain of its outstanding US dollar-denominated and Canadian dollar-denominated notes, including notes originally issued by Shaw Communications Inc. (collectively the “Consent Solicitations”), as listed in the table below (the “Notes”). The Consent Solicitations are being made in connection with the subsidiary equity investment announced today by Rogers and Blackstone. Rogers intends to use substantially all of the net proceeds of the subsidiary equity investment to repay debt. The subsidiary equity investment will be reported as equity in Rogers' consolidated financial statements, and is expected to be considered an equity investment by Moody's Investors Services, Inc., S&P Global Ratings, a division of S&P Global Inc., and DBRS Limited. Rogers believes that the sub

Proceeds will be used to repay debt Expects debt leverage ratio to be reduced by 0.7x following the close of the transaction Rogers will maintain full operational control of its wireless network TORONTO, April 04, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) today announced it has entered into a definitive agreement with funds managed by Blackstone, backed by leading Canadian institutional investors, for a CDN$7 billion equity investment. Under the terms of the transaction, Blackstone will acquire a non-controlling interest in a new Canadian subsidiary of Rogers that will own a minor part of Rogers wireless network.

Canada's Rogers Communications announced on Wednesday a new 12-year agreement worth C$11 billion ($7.68 billion) to secure media rights for the National Hockey League (NHL) games across all platforms in Canada.

Renews highly coveted and valuable hockey rights long term Will deliver more national games and fewer blackouts to hockey fans Rogers is proud to remain the home of NHL hockey

– Stream tonight's episode of CGT on Citytv+. New episodes every Tuesday on Citytv and Citytv+ – – Interviews available by request – – Download photography from tonight's episode here  – TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- Key moments from tonight's episode of  Canada's Got Talent,  include: MAHIRO (Fukuoka, Japan) had Shania and Howie dancing in their seats with an intriguing performance of his original track, “Sausage Song”.

RCI Hospitality has dipped to trade at close to a record low multiple to sales. The company's 5-year plan aims to generate $250 million of cumulative free cash flow and buy back at least 1.42 million of its common shares. Bombshells are being optimized, with new capital spend in the segment is set to be muted. Free cash flow will be directed to grow the footprint of nightclubs.

RCI Hospitality Holdings, Inc.'s Q1 earnings showed mixed performance, with nightclub sales slightly up but Bombshell Restaurants dragging overall revenue down. The company is improving operational efficiency by closing underperforming restaurants, which should boost profitability in the long term. Despite a high debt-to-cash ratio, the RICK's interest coverage ratio of 3.3x suggests manageable debt, though it's on the riskier side.

– Stream tonight's episode of CGT on Citytv+. New episodes every Tuesday on Citytv and Citytv+ – – Interviews available by request – – Download photography from tonight's episode here   – TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Key moments from tonight's episode of  Canada's Got Talent,  include: THOMAS ROCHELET (Montréal, QC)  shocked the crowd with his head-turning aerial performance.

TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) plans to release its first quarter 2025 financial results on Wednesday, April 23, 2025, before North American financial markets open. The results will be distributed by newswire and posted at investors.rogers.com.

– Stream tonight's episode of CGT on Citytv+. New episodes every Tuesday on Citytv & Citytv+ – – Interviews available by request – – Download photography from tonight's episode here   – TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- Key moments from tonight's episode of Canada's Got Talent, include: BEVERLY SARAZA (Toronto, ON) received a standing ovation after performing an explosive cover of “Bang Bang” by Jessie J.