PR Newswire
MONTRÉAL, Sept. 20, 2024 /CNW/ - Jake Lawrence, Executive Vice-President and Chief Financial Officer of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation), will participate in a fireside chat at the 23rd Annual CIBC Eastern Institutional Investor Conference on Thursday, September 26, 2024, at 9:10 a.m. (Eastern Time).
An archived version of the webcast will be available in the Presentations & speeches section of Power Corporation's website at: www.powercorporation.com/en/investors/events-presentations/.
MONTRÉAL, Aug. 29, 2024 /CNW/ - R. Jeffrey Orr, President and Chief Executive Officer of Power Corporation of Canada (TSX: POW) (TSX: POW.PR.E) (Power Corporation), will participate in a fireside chat at the 25th Annual Scotiabank Financials Summit on Thursday, September 5, 2024, at 9:30 a.m. (Eastern Time).
The live webcast will be available and later archived in the Presentations and speeches section of Power Corporation's website at: www.powercorporation.com/en/investors/events-presentations/.
Readers are referred to the sections Non-IFRS Financial Measures and Forward-Looking Statements later in this release. All figures are expressed in Canadian dollars unless otherwise noted.
MONTRÉAL, Aug. 8, 2024 /CNW/ - Power Corporation of Canada (Power Corporation or the Corporation) (TSX: POW) (TSX: POW.PR.E) today reported earnings results for the three and six months ended June 30, 2024.
Power CorporationConsolidated results for the period ended June 30, 2024HIGHLIGHTS
POWER CORPORATION
Net earnings from continuing operations [1] for the second quarter of 2024 were $730 million or $1.12 per share [2], compared with $550 million or $0.82 per share in the second quarter of 2023. Adjusted net earnings from continuing operations [1][3][4] were $761 million or $1.17 per share, compared with $842 million or $1.26 per share in the second quarter of 2023.Adjusted net asset value per share [3] was $50.48 at June 30, 2024, compared with $53.53 at December 31, 2023. The Corporation's book value per share [5] was $33.53 at June 30, 2024, compared with $32.49 at December 31, 2023.In 2024, the Corporation has purchased for cancellation 4.9 million subordinate voting shares for a total of $189 million at June 30, 2024.Contribution to net earnings from continuing operations from the publicly traded operating companies was $827 million in the second quarter, compared with $545 million in the second quarter of 2023. Contribution to adjusted net earnings from continuing operations from the publicly traded operating companies was $853 million in the second quarter, compared with $840 million in the second quarter of 2023.
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