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Great-West Lifeco Inc (GWO.TO)

GWO.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Great-West Lifeco Reports Second Quarter 2019 Adjusted Earnings Per Share Of C$0.70 Excluding Items
Wednesday, 31 Jul 2019 

July 31 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO REPORTS SECOND QUARTER 2019 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE C$0.70 EXCLUDING ITEMS.Q2 EARNINGS PER SHARE ESTIMATE C$0.69 -- REFINITIV IBES DATA.Q2 EARNINGS PER SHARE C$0.49.SALES FOR Q2 OF 2019 WERE $34.3 BILLION, UP 4% FROM Q2 OF 2018.  Full Article

Great-West Lifeco Reports First Quarter Earnings Per Share Of C$0.67
Thursday, 2 May 2019 

May 2 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO REPORTS FIRST QUARTER 2019 RESULTS.Q1 EARNINGS PER SHARE C$0.67.Q1 EARNINGS PER SHARE ESTIMATE C$0.77 -- REFINITIV IBES DATA.  Full Article

Great-West Lifeco Q4 Earnings Per Share C$0.72
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO REPORTS FOURTH QUARTER 2018 NET EARNINGS OF $710 MILLION; ANNOUNCES 6% DIVIDEND INCREASE.Q4 EARNINGS PER SHARE C$0.72.Q4 EARNINGS PER SHARE ESTIMATE C$0.74 -- REFINITIV IBES DATA.SETS QUARTERLY DIVIDEND OF C$0.413PER SHARE.SALES FOR Q4 OF 2018 WERE $41.5 BILLION, UP 37% FROM Q4 OF 2017."WE ARE CONSIDERING OTHER CAPITAL MANAGEMENT ACTIVITIES TO MITIGATE EARNINGS IMPACT FROM SALE OF OUR U.S. BUSINESS".DECLARED A 6% INCREASE IN DIVIDEND FROM PREVIOUS QUARTER.QTRLY TOTAL NET PREMIUMS C$9,045 MILLION VERSUS C$8,494 MILLION.AS OF DEC 31, 2018 TOTAL PREMIUMS AND DEPOSITS OF C$37,583 MILLION VERSUS C$32,645 MILLION FOR SAME PERIOD LAST YEAR.  Full Article

Great-West Lifeco Finance (Delaware) LP II Announces Intention To Redeem 7.127% Subordinated Debentures Due June 26, 2068
Thursday, 26 Apr 2018 

April 26 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO FINANCE (DELAWARE) LP II ANNOUNCES INTENTION TO REDEEM 7.127% SUBORDINATED DEBENTURES DUE JUNE 26, 2068.GREAT-WEST LIFECO INC - UNIT INTENDS TO REDEEM ALL $500 MILLION PRINCIPAL AMOUNT OF ITS OUTSTANDING 7.127% SUBORDINATED DEBENTURES DUE JUNE 26, 2068.  Full Article

Great-West Lifeco ‍Enters Agreement For Sale Of $500 Mln Aggregate Principal Amount Of Debentures
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO ANNOUNCES DEBENTURE OFFERING.GREAT-WEST LIFECO - ‍ENTERED INTO AGREEMENT FOR SALE ON AN AGENCY BASIS OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF DEBENTURES MATURING FEB 28, 2028​.GREAT-WEST LIFECO INC - ‍DEBENTURES WILL BE DATED FEBRUARY 28, 2018, WILL BE ISSUED AT PAR AND WILL MATURE ON FEBRUARY 28, 2028​.GREAT-WEST LIFECO INC - ‍NET PROCEEDS WILL BE USED BY COMPANY TO REPAY UPCOMING LONG-TERM DEBT MATURITIES​.  Full Article

Great-West Lifeco Reports Fourth Quarter 2017 Results; Announces 6% Dividend Increase
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO REPORTS FOURTH QUARTER 2017 RESULTS; ANNOUNCES 6% DIVIDEND INCREASE.Q4 EARNINGS PER SHARE C$0.397.LIFECO DECLARED QUARTERLY COMMON DIVIDEND OF $0.3890 PER COMMON SHARE PAYABLE MARCH 29, 2018, A 6% INCREASE FROM PREVIOUS QUARTER.GREAT-WEST LIFECO - AS A RESULT OF CHANGES TO U.S. CORPORATE TAX LEGISLATION, ENACTED IN DECEMBER 2017, COMPANY INCURRED A CHARGE OF $216 MILLION IN QUARTER.SALES FOR Q4 2017 WERE $30.3 BILLION, UP 13 PERCENT FROM THE FOURTH QUARTER OF 2016.SAYS QTRLY ADJUSTED NET EARNINGS- COMMON SHAREHOLDERS C$0.742 PER COMMON SHARE.Q4 EARNINGS PER SHARE VIEW C$0.60 -- THOMSON REUTERS I/B/E/S.GREAT-WEST LIFECO - CONSOLIDATED ASSETS UNDER ADMINISTRATION AT DEC 31, 2017 WERE OVER $1.3 TRILLION, AN 8 PERCENT INCREASE FROM DEC 31, 2016.  Full Article

Great-West Lifeco Announces Estimated Impact Of U.S. Tax Reform
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO ANNOUNCES ESTIMATED IMPACT OF U.S. TAX REFORM AND THE AGREEMENT TO SELL A U.S. EQUITY INVESTMENT AND INCREASE ITS INTEREST IN PANAGORA.SAYS EXPECTS TO TAKE A CHARGE OF $216 MILLION OR $0.22 PER SHARE WHEN IT REPORTS ITS Q4 RESULTS ON FEBRUARY 8, 2018 DUE TO U.S. TAX LAW​.SAYS ‍ENTERED AGREEMENT TO SELL A U.S. EQUITY INVESTMENT AND INCREASE ITS INTEREST IN PANAGORA ASSET MANAGEMENT INC​.SAYS ESTIMATED NET IMPACT OF NISSAY SHARES SALE IS A CHARGE OF $122 MILLION OR $0.12/SHARE INCLUDED IN CO'S NET EARNINGS FOR Q4.SAYS IN Q4, CO THROUGH UNIT, AGREED TO SELL EQUITY INVESTMENT IN NISSAY ASSET MANAGEMENT CORPORATION TO NIPPON​.SAYS ‍CONCURRENTLY WITH SALE OF EQUITY INVESTMENT IN NISSAY, CO ACQUIRED NIPPON'S MINORITY STAKE IN PANAGORA​.  Full Article

Great-West Lifeco Announces Normal Course Issuer Bid
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Great-West Lifeco Inc ::GREAT-WEST LIFECO ANNOUNCES NORMAL COURSE ISSUER BID.GREAT-WEST LIFECO INC - UNDER RENEWED NCIB CO MAY BUY FOR CANCELLATION UP TO 20 MILLION COMMON SHARES OVER 12 MONTH PERIOD STARTING JAN 15.  Full Article

Great-West Lifeco reports Q3 EPS of C$0.587
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Great-west Lifeco Inc ::Great-West Lifeco reports third quarter 2017 net earnings of $581 million, including losses of $175 million related to Hurricanes Harvey, Irma and Maria.Q3 earnings per share C$0.587.Q3 earnings per share view C$0.65 -- Thomson Reuters I/B/E/S.Q3 2017 net earnings of $581 million, including losses of $175 million related to Hurricanes Harvey, Irma and Maria​.Hurricanes Harvey, Irma and Maria reduced earnings per common share by $0.177​ in quarter.Consolidated assets under administration at Sept 30 were about $1.3 trillion, an increase of $46.1 billion from Dec 31, 2016​.Qtrly total net premiums $8.30 billion versus $8.33 bln‍​.  Full Article

Great-West Lifeco reports Q3 loss C$0.177/shr
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Great-west Lifeco Inc :Q3 loss per share C$0.177.Q3 earnings per share view C$0.68 -- Thomson Reuters I/B/E/S.Great-West Lifeco Inc - ‍will record reinsurance loss of $175 million after-tax or $0.177/share for estimated claims from hurricanes Harvey, Irma And Maria​.Great-West Lifeco Inc - the ‍loss estimate will be included in company's Q3 2017 results​.  Full Article

Ireland's Green REIT real estate fund sells for 1.34 bln euros

DUBLIN, Aug 14 UK-based real estate firm Henderson Park is to buy Irish commercial property investment trust Green REIT in a deal that values the firm at 1.34 billion euros, a 25% premium to its share price before the sales process kicked off in April.