Previous Close | 11.75 |
Open | 11.62 |
Bid | 11.55 x N/A |
Ask | 11.60 x N/A |
Day's Range | 11.50 - 11.62 |
52 Week Range | 11.50 - 15.90 |
Volume | |
Avg. Volume | 5,063 |
Market Cap | 23.213B |
Beta (5Y Monthly) | 0.82 |
PE Ratio (TTM) | 3.36 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.44 (3.72%) |
Ex-Dividend Date | May 30, 2023 |
1y Target Est | N/A |
Great-West Lifeco Inc. ("Lifeco") (TSX: GWO) today announced that Franklin Resources, Inc. (NYSE: BEN), operating as Franklin Templeton, one of the world's largest independent and diversified asset managers, has agreed to acquire Putnam Investments from Lifeco. The total potential transaction consideration and retained value is estimated to be US$1.7-1.8 billion. Franklin Templeton will pay upfront consideration of US$950 million-1.0 billion, consisting of 33.33 million Franklin Templeton shares
SAN MATEO, Calif., May 31, 2023--Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced a strategic partnership with Power Corporation of Canada ("Power" and, together with its subsidiaries, the "Power Group of Companies") [TSX:POW] and Great-West Lifeco, Inc. ("Great-West") [TSX:GWO]. The Power Group of Companies including Great-West and IGM Financial ("IGM") [TSX:IGM] are leaders in the global insurance, retirement, ass
Great-West Lifeco Inc. is announcing a succession plan for its Chief Financial Officer to support the company's focus on building long-term, sustainable growth for its shareholders and all stakeholders.
Great-West Lifeco today announced that, at its Annual and Special Meeting of Shareholders, all of the 19 director nominees listed in its Management Proxy Circular dated March 8, 2023 were elected. The detailed results of the vote for the election of directors are set out below:
Great-West Lifeco Inc. (Lifeco or the Company) today announced its first quarter 2023 results and the successful implementation of IFRS 17.
Great-West Lifeco will hold its first quarter results conference call on May 10, 2023 at 8:00 am ET, and its Annual Meeting of Shareholders the same day, at 1:00 pm ET.
Great-West Lifeco (GWO) has released an updated template for its Supplemental Information Package (SIP) for analysts and investors. The SIP has been reformatted to align with changes related to the adoption of IFRS 17, Insurance Contracts and IFRS 9, Financial Instruments which became effective January 1, 2023.
The Canada Life Assurance Company (Canada Life), a subsidiary of Great-West Lifeco Inc., has reached an agreement to acquire Investment Planning Counsel Inc., a leading independent wealth management firm, from IGM Financial Inc. (IGM). This acquisition extends Canada Life's wealth management reach and capabilities, helping advisors to better meet the diverse and changing needs of more Canadians.
Paul Mahon, President and Chief Executive Officer, Great-West Lifeco, will speak at the National Bank 21st Annual Financial Services Conference on Thursday, March 30, 2023. His presentation will begin at 11:40 am ET.
Great-West Lifeco Inc. (the "Corporation") announced today that, in connection with its previously announced Normal Course Issuer Bid ("NCIB") to purchase for cancellation up to 20,000,000 common shares, the Corporation has entered into an automatic share purchase plan ("ASPP") with a designated broker. The ASPP has been pre-cleared by the Toronto Stock Exchange and is expected to be implemented on or about March 1, 2023.
Great-West Lifeco Inc. (Lifeco or the Company) today announced its fourth quarter 2022 results. Net earnings of $1,026 million and base earnings1 of $892 million were up from $765 million and $825 million in the fourth quarter of 2021, respectively.
Sagard today announced the initial closings of Sagard Senior Lending ("SSLP," the "Fund") with commitments totalling US$315 million. The Fund is targeting total capital commitments of US$600 million, with a hard cap of US$750 million, and remains open for additional commitments. SSLP raised an additional US$240 million in a separately managed account with a strategic partner.
Great-West Lifeco will release its fourth quarter 2022 financial results after markets close on Wednesday, February 8, 2023.
Great-West Lifeco Inc. (the "Corporation") announced today that it has received approval from the Toronto Stock Exchange ("TSX") for the renewal of its Normal Course Issuer Bid ("NCIB").
Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Obatan LLC, made to residents of Ireland, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 31.1% to the closing price of the common shares on the TSX on December 29, 2022, the last trading day before the offer was commenced. The common shares do not trade on a recognized stock exchange in Ireland.
Great-West Lifeco Inc. is pleased to announce the appointment of Dervla Tomlin, current Chief Actuary, as Chief Risk Officer, effective February 13, 2023.
This is a joint statement issued by BMO, CIBC, Canadian Western Bank, Laurentian Bank, National Bank, RBC, Scotiabank, TD Bank Group, Great-West Lifeco, Canada Life, Manulife and Sun Life. Each of us continues to monitor the ongoing COVID-19 pandemic and the directives and recommendations from public health and government authorities. In the last few years, we have been taking a series of proactive precautionary measures to help protect the health and well-being of our employees, clients and com
Great-West Lifeco Inc. announced today that it has completed its previously announced offering of €500 million senior 4.700% euro bonds maturing on November 16, 2029.
Great-West Lifeco Inc. announced today the pricing of €500 million senior fixed rate euro bonds. This is Great-West Lifeco's third debt issuance in the euro market.
Great-West Lifeco Inc. (Lifeco or the Company) today announced its third quarter 2022 results. Net earnings of $688 million and base earnings1 of $688 million were down from $872 million and $870 million in the third quarter of 2021 respectively. Base and net earnings in the third quarter of 2022 included a net loss provision of $128 million after-tax for estimated claims resulting from the impact of Hurricane Ian.
Great-West Lifeco Inc. (Lifeco or the Company) today announced that it will record a provision of US$100 million (approximately C$130 million after-tax or $0.14 per common share) for estimated reinsurance claims expected to result from Hurricane Ian. The claims provision will be included in the Company's third quarter 2022 results which will be reported on November 2, 2022.
Great-West Lifeco will release its third quarter 2022 financial results after markets close on Wednesday, November 2, 2022.
IGM Financial Inc. (IGM) (TSX: IGM) and Great-West Lifeco (TSX: GWO) announced that they will contribute up to $100,000 to the Canadian Red Cross to support critical relief efforts for communities across Atlantic Canada and Eastern Quebec impacted by Hurricane Fiona. Together, IGM and Great-West Lifeco will contribute $50,000 to the Hurricane Fiona in Canada Appeal and will match employee giving up to an additional $50,000. This amount is in addition to both parent company Power Corporation of C
Paul Mahon, President and Chief Executive Officer, Great-West Lifeco, will speak at the Scotiabank Financials Summit on Thursday, September 8. His presentation will begin at 11:10 am ET.
Great-West Lifeco Inc. (Lifeco or the Company) today announced its second quarter 2022 results. Net earnings of $735 million were down by 6% and base earnings1 of $830 million were slightly up compared to the same period in 2021.