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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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.
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.
