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Great-West Lifeco Inc (GWO.TO)

GWO.TO on Toronto Stock Exchange

31.76CAD
25 Mar 2019
Change (% chg)

$-0.49 (-1.52%)
Prev Close
$32.25
Open
$32.17
Day's High
$32.17
Day's Low
$31.70
Volume
790,235
Avg. Vol
871,212
52-wk High
$34.45
52-wk Low
$26.83

Latest Key Developments (Source: Significant Developments)

Power Financial Announces Intention To Repurchase Up To $1.65 Bln Of Its Common Shares
Monday, 4 Mar 2019 

March 4 (Reuters) - Power Financial Corp ::POWER FINANCIAL ANNOUNCES INTENTION TO REPURCHASE UP TO $1.65 BILLION OF ITS COMMON SHARES THROUGH A SUBSTANTIAL ISSUER BID.POWER FINANCIAL CORP - PFC OFFER WILL PROCEED BY WAY OF A MODIFIED DUTCH AUCTION.POWER FINANCIAL CORP - POWER FINANCIAL EXPECTS ITS OWNERSHIP IN GREAT-WEST WILL BE MARGINALLY REDUCED.  Full Article

Great-West Lifeco Announces Substantial Issuer Bid For Up To $2 Bln Of Its Common Shares
Monday, 4 Mar 2019 

March 4 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO ANNOUNCES SUBSTANTIAL ISSUER BID FOR UP TO $2 BILLION OF ITS COMMON SHARES.GREAT-WEST LIFECO INC - GREAT-WEST LIFECO WILL OFFER TO REPURCHASE FOR CANCELLATION UP TO $2 BILLION OF ITS COMMON SHARES FROM SHAREHOLDERS FOR CASH.GREAT-WEST LIFECO INC - POWER FINANCIAL INTENDS TO SUPPORT COMPANY THROUGH ITS PARTICIPATION IN OFFER BY TENDERING A SIGNIFICANT PORTION OF ITS SHARES.  Full Article

Great-West Lifeco Appoints Edmund Murphy III As President, CEO Of U.S. Unit
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO APPOINTS EDMUND F. MURPHY III AS PRESIDENT AND CEO OF GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY.ROBERT L. REYNOLDS NAMED CHAIR OF GREAT-WEST LIFECO U.S..REYNOLDS WILL REMAIN IN HIS ROLE AS PRESIDENT, CEO OF GREAT-WEST LIFECO'S U.S. ASSET MANAGEMENT BUSINESS, PUTNAM INVESTMENTS.  Full Article

Great-West Lifeco Inc Says May Purchase Up To 20.0 Mln Common Shares
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO INC SAYS MAY PURCHASE UP TO 20.0 MILLION COMMON SHARES, REPRESENTING ABOUT 2% OF ISSUED AND OUTSTANDING COMMON SHARES.  Full Article

Great-West Lifeco To Sell U.S. Individual Life Insurance And Annuity Business
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Great-West Lifeco Inc ::PRESS RELEASE - GREAT-WEST LIFECO TO SELL U.S. INDIVIDUAL LIFE INSURANCE AND ANNUITY BUSINESS.GREAT-WEST LIFECO INC - DEAL FOR US$1.2 BILLION.GREAT-WEST LIFECO - EXPECTS TO RECOGNIZE AT CLOSING AN IFRS BOOK VALUE LOSS RELATED TO DEAL OF ABOUT US$70 MILLION AND DEAL COSTS OF US$57 MILLION.GREAT-WEST LIFECO - TO SELL, VIA REINSURANCE, SUBSTANTIALLY ALL OF INDIVIDUAL LIFE INSURANCE AND ANNUITY BUSINESS TO PROTECTIVE LIFE INSURANCE COMPANY.GREAT-WEST LIFECO - GWL&A WILL RETAIN SMALL BLOCK OF PARTICIPATING LIFE INSURANCE POLICIES WHICH WILL BE ADMINISTERED BY PROTECTIVE AFTER DEAL CLOSE.  Full Article

Great-West Lifeco Q3 Adjusted EPS C$0.754 Excluding Items
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO REPORTS THIRD QUARTER 2018 NET EARNINGS OF $689 MILLION, UP 19%, ADJUSTED NET EARNINGS OF $745 MILLION, UP 28%, FROM THE THIRD QUARTER OF 2017.Q3 ADJUSTED EARNINGS PER SHARE C$0.754 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE VIEW C$0.75 -- THOMSON REUTERS I/B/E/S.Q3 EARNINGS PER SHARE C$0.697.QTRLY SALES OF $34.4 BILLION UP 17%.CONSOLIDATED ASSETS UNDER ADMINISTRATION AT SEPTEMBER 30, 2018 WERE OVER $1.4 TRILLION, A 7% INCREASE FROM DECEMBER 31, 2017.  Full Article

Great-West Lifeco Says Subsidiary Irish Life Completes Acquisition In Invesco
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO INC - TERMS OF TRANSACTION WERE NOT DISCLOSED..GREAT-WEST LIFECO INC - TRANSACTION IS EXPECTED TO BE EARNINGS ACCRETIVE, ALTHOUGH NOT MATERIAL TO GREAT-WEST LIFECO'S FINANCIAL RESULTS.GREAT-WEST LIFECO INC - SUBSIDIARY IRISH LIFE COMPLETES ACQUISITION OF STRATEGIC HOLDING IN INVESCO LTD.  Full Article

Great-West Lifeco's U.K. Unit Announces Sale Of Heritage Policies
Thursday, 21 Jun 2018 

June 21 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO'S U.K. SUBSIDIARY ANNOUNCES SALE OF HERITAGE POLICIES.GREAT-WEST LIFECO INC - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.GREAT-WEST LIFECO - CO'S UK UNIT HAS AGREED TO SELL A BLOCK OF 155,000 HERITAGE POLICIES WITH ASSETS AND LIABILITIES OF £2.7 BILLION TO SCOTTISH FRIENDLY.GREAT-WEST LIFECO - TRANSFER OF HERITAGE POLICIES TO SCOTTISH FRIENDLY IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON CO'S UK UNIT'S EARNINGS.  Full Article

Great-West Lifeco Announces Pricing Of $800 Mln Senior Notes Offering
Monday, 14 May 2018 

May 14 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO ANNOUNCES PRICING OF US$800 MILLION SENIOR NOTES OFFERING.GREAT-WEST LIFECO INC - PRICED AN OFFERING OF US$300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.047% SENIOR NOTES DUE 2028.GREAT-WEST LIFECO INC - UNIT PRICED $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.581 PERCENT SENIOR NOTES DUE 2048.  Full Article

Great-West Lifeco Subsidiary Irish Life Announces Agreement To Acquire Strategic Holding In Invesco Ltd
Friday, 20 Apr 2018 

April 20 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO SUBSIDIARY IRISH LIFE ANNOUNCES AGREEMENT TO ACQUIRE STRATEGIC HOLDING IN LEADING INDEPENDENT FINANCIAL CONSULTANCY INVESCO LTD (IRELAND).GREAT-WEST LIFECO INC - ITS SUBSIDIARY, IRISH LIFE GROUP LIMITED, HAS REACHED AN AGREEMENT TO ACQUIRE A STRATEGIC HOLDING IN INVESCO LTD.GREAT-WEST LIFECO INC - TERMS OF TRANSACTION WERE NOT DISCLOSED.GREAT-WEST LIFECO INC - TRANSACTION IS EXPECTED TO BE EARNINGS ACCRETIVE, ALTHOUGH NOT MATERIAL TO GREAT-WEST LIFECO'S FINANCIAL RESULTS.  Full Article

CORRECTED-CANADA STOCKS-TSX futures flat as investors focus on U.S.-China trade talks

March 14 Futures on Canada's main stock index traded flat on Thursday, as uncertainties clouded U.S.-China trade talks, weighing on oil prices.