Frequently Asked Questions
Click on the questions below to find out answers to the most frequently asked investor questions. If you do not see your question, click here.
General Information
- When was OpenText founded?
- What business is OpenText in?
- What is Enterprise Content Management (ECM)?
- What products does OpenText sell?
- How many people does OpenText employ?
- When was OpenText's initial public offering (IPO)?
- What strategic business partners does OpenText have relationships with?
- How long has John Shackleton been associated with OpenText, and when did he assume the role of CEO?
- How many acquisitions has OpenText made?
Stock & Shareholder Information
- What stock exchange is OpenText traded on?
- How do I get a copy of the annual report?
- When is the next Annual Meeting of Shareholders and where will it be held?
- What is a transfer agent?
- Who should I contact regarding my stock certificates?
- How do I change the address of record on my stock certificates?
- What is OpenText's Committee on Uniform Securities Identification Procedures (CUSIP) number?
- Has OpenText issued any convertible notes that are still outstanding?
- Has OpenText ever had a stock split?
- Does OpenText pay a dividend on common stock, provide a direct stock purchase plan, or have a Dividend Reinvestment Program (DRIP)?
- How many shares of OpenText stock are outstanding?
Financial Information
- When is OpenText's fiscal year?
- Who are OpenText's independent auditors and how can I contact them?
- Where can I find historical financial information about OpenText?
- How can I get a copy of OpenText's financial filings with the United States Securities and Exchange Commission (SEC)?
- Does OpenText issue quarterly financial reports?
- What financial firms provide analyst coverage of OpenText stock?
- Can individual investors listen to quarterly earnings conference calls?
General Information
When was OpenText founded?
The Company's legacy of innovation began in 1991 with the successful deployment of one of the world's first search engine technology for the Internet. Today, OpenText supports approximately 46,000 customers and millions of users in 114 countries and 12 languages.
What business is OpenText in?
OpenText is the largest independent provider of Enterprise Content Management (ECM) software solutions. The company's solutions manage information for all types of business, compliance, and industry requirements in the world's largest companies, government agencies and professional service firms.
What is Enterprise Content Management (ECM)?
ECM software is focused on managing "words" (not "numbers") for large global organizations. ECM is the set of technologies used to capture, manage, store, preserve, find and retrieve this "word" based business content. Content, or unstructured information, includes text documents, email, reports, XML, images and video, and transaction-based data.
What products does OpenText sell?
OpenText offers a wide range of products for managing ECM, ensuring compliance with industry regulations and internal policies, controlling information flows, and helping solve other content-intensive business challenges. For a list of products, please click here.
How many people does OpenText employ?
OpenText employs over 4,000 people worldwide.
When was OpenText's initial public offering (IPO)?
The Company's initial public offering was on NASDAQ in 1996 and, subsequently, on the Toronto Stock Exchange (TSX) in 1998.
What strategic business partners does OpenText have relationships with?
OpenText has developed strong and mutually beneficial relationships with key technology partners, including major software vendors, systems integrators, and storage vendors, to deliver customer-focused solutions. Key alliances of OpenText include Oracle©, Microsoft©, SAP©, and Accenture©. For a full list of partners please click here.
How long has John Shackleton been associated with OpenText, and when did he assume the role of CEO?
John Shackleton has served as President of OpenText since January 1999. Mr. Shackleton assumed the role of CEO on July 1, 2005.
How many acquisitions has OpenText made?
OpenText has a rich history of both organic and acquisitive growth. Please see the FY2010 10K filing for a broader account of the Company's acquisition activity.
Stock and Shareholder Information
What stock exchange is OpenText traded on?
OpenText is listed on the NASDAQ Stock Market under the ticker symbol OTEX, and on the Toronto Stock Exchange (TSX) under the ticker symbol OTC.
How do I get a copy of the annual report?
OpenText annual financial reports are available online and can be downloaded by visiting here.
When is the next Annual Meeting of Shareholders and where will it be held?
The next annual shareholder meeting will be held in September 2012. For more details about OpenText investor events, please click here.
What is a transfer agent?
A transfer agent is hired by a public company to keep records of every outstanding stock certificate and the contact information of the person to whom it is registered. When stock changes hands, the transfer agent is responsible for assigning ownership of the stock from the seller's name to the buyer's name.
Who should I contact regarding my stock certificates?
Please direct all stock certificate questions to our transfer agent:
Computershare Investor Services
9th Floor, 100 University Avenue
Toronto, Ontario, CANADA
M5J 2Y1
Telephone: 800.564.6253 (Toll free) or 514.982.7888
Facsimile: 514.982.7635
Email: service@computershare.com
Website: www.computershare.com
How do I change the address of record on my stock certificates?
Please direct all stock certificate questions to our transfer agent, Computershare Investor Services. Shareholders can contact Computershare customer service at 800.564.6253 for transfers, address changes, or any other questions regarding their OpenText stock certificates.
Additionally, shareholders can mail correspondence to Computershare at:
Computershare Investor Services
9th Floor, 100 University Avenue
Toronto, Ontario, CANADA
M5J 2Y1
What is OpenText's Committee on Uniform Securities Identification Procedures (CUSIP) number?
OpenText's CUSIP number for common shares is 683715106.
Has OpenText issued any convertible notes that are still outstanding?
No. OpenText has no outstanding convertible notes.
Has OpenText ever had a stock split?
Yes. OpenText had a 2-for-1 stock split effective October 28, 2003. For more detail on the stock split, please click here.
Does OpenText pay a dividend on common stock, provide a direct stock purchase plan, or have a Dividend Reinvestment Program (DRIP)?
No. OpenText does not currently issue dividends on common stock or have a direct stock purchase plan, choosing instead to reinvest profits into operations to fund growth.
How many shares of OpenText stock are outstanding?
Approximately 53 million shares are currently outstanding on a fully diluted basis, as of June 30 2009.
Financial Information
When is OpenText's fiscal year?
OpenText's fiscal year begins on July 1 and ends on June 30.
Who are OpenText's independent auditors and how can I contact them?
OpenText's auditors are:
KPMG LLP
Yonge Corporate Centre
Suite 200, 4100 Yonge Street
Toronto, Ontario
M2P 2H3
CANADA
Where can I find historical financial information about OpenText?
A listing of historical financial statements for the Company is maintained by OpenText Investor Relations and can be found here.
How can I get a copy of OpenText's financial filings with the United States Securities and Exchange Commission (SEC)?
OpenText SEC filings can be viewed and downloaded by visiting here (Type in "OpenText" in the Company Name field).
Does OpenText issue quarterly financial reports?
Yes. OpenText issues quarterly 10Q reports. A complete listing of OpenText's 10Q reports can be found here.
What financial firms provide analyst coverage of OpenText stock?
OpenText is covered by 16 sell-side financial analysts. A complete list of firms covering OpenText can be found here.
Can individual investors listen to quarterly earnings conference calls?
Yes. OpenText's earnings conference calls are audio Webcast live at the time of the call and are available for replay following the call. Details on how to access the audio Webcast are provided on OpenText's Investor Events page the week prior to the earnings announcement.
