At the end of Q3, our return on equity was 15.4%, while our return on invested capital was 11.8%. The primary drivers of the year-over-year change was a reduction in our participation in our normal course issuer bid in anticipation of the closing of the Logica transaction, as well as the flow-through of the favorable impact for the tax adjustments we benefited from last year.
CGI Group Management Discusses Q3 2012 Results - Earnings Call Transcript
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