Fairfax Announces Intention to Redeem Cumulative Preferred Shares, Series C & D
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
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Should l Buy ?
Source: Yahoo Finance
Redemption Announcement: Fairfax Financial Holdings Limited plans to redeem all outstanding Series C and Series D Preferred Shares on December 31, 2024, for a total of approximately C$250 million, along with accrued dividends.
Dividend Payments and Delisting: Final dividends for both series will be paid on their respective redemption dates, and the shares will be delisted from the Toronto Stock Exchange following the redemption.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
