iA Financial Group Redeems Non‑Cumulative Class A Preferred Shares Series B
July 29 2024 - 4:01PM
PR Newswire (Canada)
QUEBEC
CITY, July 29, 2024 /CNW/ - Industrial Alliance
Insurance and Financial Services Inc. ("iA Insurance")
announces that it has completed today the redemption of all of its
issued and outstanding Non-Cumulative Class A Preferred Shares
Series B (TSX: IAF.PR.B) (the "Series B Preferred
Shares"). iA Insurance has paid to the holders of the
Series B Preferred Shares the redemption price of $25 and an amount of $0.090625, being an amount equal to the cash
dividend in respect of the third quarter, pro rated to the
redemption date, representing a total redemption price of
$25.090625 per Series B Preferred
Share.
About iA Financial Group
iA Financial Group is
one of the largest insurance and wealth management groups in
Canada, with operations in
the United States. Founded in
1892, it is an important Canadian public company and is listed on
the Toronto Stock Exchange under the ticker symbols IAG
(common shares) and IAF (preferred shares).
To receive iA Financial Group news releases by email, you can
sign up for our newsletter on our website at ia.ca.
|
iA Financial
Group is a business name and trademark of iA Financial
Corporation Inc. and Industrial Alliance Insurance and
Financial Services Inc.
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SOURCE iA Financial Group
Copyright 2024 Canada NewsWire
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