tiprankstipranks
Company Announcements

Fairfax Financial to Redeem Preferred Shares, Series E, F & M

Story Highlights
Fairfax Financial to Redeem Preferred Shares, Series E, F & M

Fairfax Financial Holdings ( (TSE:FFH) ) has issued an announcement.

On February 28, 2025, Fairfax Financial Holdings Limited announced its intention to redeem all outstanding Cumulative Preferred Shares, Series E, F, and M on March 31, 2025, at a redemption price of C$25.00 per share, totaling approximately C$420.5 million. This move will result in the delisting of these shares from the Toronto Stock Exchange, impacting the company’s capital structure and potentially affecting its stakeholders.

More about Fairfax Financial Holdings

Fairfax Financial Holdings Limited is a holding company primarily engaged in property and casualty insurance and reinsurance, along with associated investment management, through its subsidiaries.

YTD Price Performance: 2.75%

Average Trading Volume: 4,161

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $34.49B

For an in-depth examination of FFH stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App