TSX:GWO
WINNIPEG, MB, Jan. 2, 2025 /CNW/ - 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").
Under the renewed NCIB, the Corporation may purchase for cancellation up to 20,000,000 common shares ("Common Shares"), representing approximately 2.15% of its 932,107,643 issued and outstanding Common Shares on December 23, 2024. The term of the NCIB will commence on January 6, 2025 and continue until January 5, 2026, when the bid expires, or such earlier date as the Corporation completes its purchases pursuant to the notice of intention filed with the TSX. The average daily trading volume during the six-month period preceding December 23, 2024 was 2,878,466 Common Shares (excluding purchases by the Corporation under its automatic share purchase plan). Consequently, daily purchases will be limited to 719,616 Common Shares, subject to the TSX rules permitting block purchases. Purchases may be made through the facilities of the TSX and alternative Canadian trading systems or by such other means as may be permitted under applicable law. The price paid for any such repurchased shares will be the prevailing market prices at the time of acquisition. Any Common Shares purchased by the Corporation pursuant to the NCIB will be cancelled. Purchases under the NCIB will be made by the Corporation's broker based upon the parameters prescribed by the TSX and by applicable law.
TSX:GWO
WINNIPEG, MB, Nov. 8, 2024 /CNW/ - Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Ocehan LLC, made to residents of Canada, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 19.70% to the closing price of the common shares on the TSX on October 24, 2024, the last trading day before the offer was commenced.
TSX:GWO
Great-West Lifeco Inc.'s Quarterly Report to Shareholders for the third quarter of 2024, including its Management's Discussion and Analysis (MD&A) and condensed consolidated interim unaudited financial statements, are available at greatwestlifeco.com/financial-reports and sedarplus.com. Readers are referred to the Basis of presentation, Cautionary note regarding Forward-Looking Information and Cautionary note regarding Non-GAAP Financial Measures and Ratios sections at the end of this release for additional information on disclosures.
All figures are expressed in millions of Canadian dollars, unless otherwise noted.
WINNIPEG, MB, Nov. 5, 2024 /CNW/ - Great-West Lifeco today announced that its board member, Robin Bienfait, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD) as part of their 2024 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
"We're delighted to congratulate Robin on receiving this prestigious award for her outstanding contributions to board governance," said Jeffrey Orr, Chair of the Board, Great-West Lifeco. "This recognition is a testament to her expertise and dedication, which have made a significant impact on our organization. We are privileged to have Robin as a member of our Board."
TSX:GWO
Financial results will be released on November 6
WINNIPEG, MB, Oct. 31, 2024 /CNW/ - Great-West Lifeco Inc. (TSX: GWO) will release its 2024 third quarter financial results after market close on Wednesday, November 6, 2024.
Earnings Conference Call & Webcast details The third quarter results will be discussed in a conference call and webcast with company management at
10:00 a.m. ET on Thursday, November 7. The live webcast and presentation materials will be available at greatwestlifeco.com.
Effective September 25, 2024:
Eric Sorensen stepping down as CEO, transitioning to Vice Chair and continuing to serve as a member of PanAgora's Board of DirectorsBryan Belton, a veteran PanAgora portfolio manager, appointed President and CEOGeorge D. Mussalli promoted to Global CIOBOSTON, Sept. 25, 2024 /PRNewswire/ - PanAgora Asset Management, Inc. (PanAgora), a preeminent quantitative investment manager, today announced changes to its executive leadership team that will help drive the company into its next phase of growth. These changes, effective immediately, reflect thoughtful succession planning and elevate leaders to deliver on strategic priorities.
Combination advances a scalable, real-time, technology-driven equity compensation platform that delivers leading digital experience to public and private clients of all sizes
Clients to benefit from full suite of capabilities and services to drive integrated workplace and wealth management solutions
GREENWOOD VILLAGE, Colo., Sept. 23, 2024 /CNW/ - Empower, a leading provider of retirement and wealth management services, today announced that it has acquired Plan Management Corporation (PMC), the creator of OptionTrax®, a leading digital equity plan administration platform and service provider.
WINNIPEG, MB, Aug. 28, 2024 /CNW/ - Great-West Lifeco (TSX: GWO) announced that Paul Mahon, President and Chief Executive Officer, Great-West Lifeco, will speak at the Scotiabank Financials Summit on Thursday, September 5, 2024. His presentation will begin at 9:00 a.m. ET.
The live webcast will be available and later archived on the News and Events section of Great-West Lifeco's website.
TSX:GWO
WINNIPEG, MB, Aug. 9, 2024 /PRNewswire/ -- Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Okello Ltd, made to residents of Ireland, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 39% to the closing price of the common shares on the TSX on July 29, 2024, the last trading day before the offer was commenced. The common shares do not trade on a recognized stock exchange in Ireland.
Lifeco does not endorse Okello's unsolicited offer, has no association with Okello or its offer, and does not recommend acceptance of the offer. Okello's offer has been made at a price below the current market price for the shares.
TSX:GWO
WINNIPEG, MB, Aug. 9, 2024 /CNW/ - Great-West Lifeco Inc. ("Lifeco") has been notified of an unsolicited mini-tender offer by Okello Ltd, made to residents of Ireland, to purchase up to 50,000 common shares of Lifeco. The unsolicited offer represents a discount of approximately 39% to the closing price of the common shares on the TSX on July 29, 2024, the last trading day before the offer was commenced. The common shares do not trade on a recognized stock exchange in Ireland.
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