Fairfax Financial Holdings announces that the Toronto Stock Exchange has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid through the facilities of the TSX for its Subordinate Voting Shares and the following series of its Preferred Shares: Cumulative 5-Year Rate Reset Preferred Shares, Series C, Cumulative Floating Rate Preferred Shares, Series D, Cumulative 5-Year Rate Reset Preferred Shares, Series E, Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5-Year Rate Reset Preferred Shares, Series G, Cumulative Floating Rate Preferred Shares, Series H, Cumulative 5-Year Rate Reset Preferred Shares, Series I, Cumulative Floating Rate Preferred Shares, Series J Cumulative 5-Year Rate Reset Preferred Shares, Series K and Cumulative 5-Year Rate Reset Preferred Shares, Series M. Purchases will be made in accordance with the rules and policies of the TSX. Subordinate Voting Shares purchased will be either cancelled or reserved for share-based payment awards and Preferred Shares purchased will be cancelled.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on FRFHF:
- Intention to Make a Normal Course Issuer Bid for Subordinate Voting Shares and Preferred Shares
- Fairfax Announces Quarterly Dividend On Series C, D, E, F, G, H, I, J, K And M Preferred Shares And Quarterly Dividend Rate For Series D, F, H And J Preferred Shares
- Fairfax Financial price target raised to C$1,700 from C$1,600 at National Bank
- Fairfax Financial price target raised to C$1,400 from C$1,350 at BMO Capital
- Fairfax Financial price target raised to $980 from $875 at RBC Capital