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TaskUs Adjourns Stockholder Meeting for Acquisition Vote

Story Highlights
  • TaskUs adjourned its stockholders meeting to October 8, 2025, for more proxy votes.
  • The acquisition involves buying all Class A shares not owned by the Buyer Group for $16.50 each.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TaskUs Adjourns Stockholder Meeting for Acquisition Vote

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TaskUs ( (TASK) ) just unveiled an announcement.

On September 24, 2025, TaskUs announced the adjournment of its special stockholders meeting to October 8, 2025, to gather more proxies in favor of its acquisition by an affiliate of Blackstone and TaskUs’ co-founders. This decision follows a preliminary assessment indicating insufficient votes from unaffiliated stockholders. The proposed transaction, initially announced on May 9, 2025, involves the acquisition of all outstanding shares of Class A common stock not owned by the Buyer Group for $16.50 per share. The adjournment reflects ongoing discussions with stockholders and the perceived benefits of the transaction amid AI’s impact on TaskUs’ business.

The most recent analyst rating on (TASK) stock is a Hold with a $19.00 price target. To see the full list of analyst forecasts on TaskUs stock, see the TASK Stock Forecast page.

Spark’s Take on TASK Stock

According to Spark, TipRanks’ AI Analyst, TASK is a Neutral.

TaskUs shows strong financial performance with solid revenue growth and improved profitability. Technical indicators suggest a positive trend, but valuation concerns arise due to a high P/E ratio. The lack of dividend yield and earnings call data limits further insights. Overall, TaskUs is on a positive trajectory but faces challenges in cash flow management and valuation.

To see Spark’s full report on TASK stock, click here.

More about TaskUs

TaskUs, Inc. is a leading provider of outsourced digital services and next-generation customer experience solutions, catering to innovative companies across sectors such as social media, e-commerce, gaming, streaming media, food delivery, ride-sharing, technology, financial services, and healthcare. With a cloud-based infrastructure, TaskUs operates globally with approximately 60,400 employees across 30 locations in 13 countries.

Average Trading Volume: 326,913

Technical Sentiment Signal: Buy

Current Market Cap: $1.62B

For an in-depth examination of TASK stock, go to TipRanks’ Overview page.

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