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CI Financial Corp (CIX.TO)

CIX.TO on Toronto Stock Exchange

26.97CAD
29 May 2017
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Latest Key Developments (Source: Significant Developments)

CI Financial Q1 earnings per share C$0.51
Thursday, 11 May 2017 07:45am EDT 

May 11 (Reuters) - Ci Financial Corp :Ci financial reports first quarter results, increases dividend.Q1 earnings per share c$0.51.Q1 sales rose 29 percent to c$4.6 billion.Q1 earnings per share view c$0.52 -- Thomson Reuters I/B/E/S.Ci financial corp - board of directors declared a 2% increase in monthly cash dividend to $0.1175 per share.Ci financial corp - average assets under management were $119.4 billion for q1 of 2017, an increase of 11% from q1 of 2016.Ci financial corp - at march 31, 2017, ci's assets under management were $120.7 billion, up $12.0 billion from march 31, 2016.  Full Article

CI FINANCIAL AMENDS NORMAL COURSE ISSUER BID
Monday, 1 May 2017 09:52am EDT 

May 1 (Reuters) - CI Financial Corp :CI FINANCIAL AMENDS NORMAL COURSE ISSUER BID.CI FINANCIAL CORP- AMENDS NOTICE TO INCREASE NUMBER OF COMMON SHARES THAT MAY BE PURCHASED FROM 10 MILLION TO 12.5 MILLION BY WAY OF NORMAL COURSE ISSUER BID.CI FINANCIAL CORP - EXPECTED THAT INCREASED PURCHASES UNDER NORMAL COURSE ISSUER BID MAY COMMENCE ON MAY 1, 2017 AND WILL TERMINATE ON JUNE 17, 2017.  Full Article

CI Financial reports Q4 earnings per share c$0.45
Thursday, 16 Feb 2017 09:03am EST 

CI Financial Corp : CI financial reports fourth quarter and annual results: assets under management increase 6% . Q4 earnings per share c$0.45 . Q4 sales c$3.5 billion . Q4 earnings per share view c$0.52 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share c$0.53 excluding items . CI Financial Corp says average assets under management reached $110.9 billion for 2016, an increase of 2% from 2015 .CI Financial Corp says at December 31, 2016, CI's assets under management were $117.9 billion, up $6.8 billion or 6% from $111.1 billion at December 31, 2015.  Full Article

CI Financial Corp announces new debenture financing
Tuesday, 22 Nov 2016 03:46pm EST 

CI Financial Corp : CI Financial Corp. announces new debenture financing . CI Financial Corp says entered into an agreement to sell debt securities with an aggregate principal amount of $200 million . CI Financial Corp- Debt securities have a term of five years and carry an interest rate of 2.775% payable semi-annually .Intends to use net proceeds of offering to repay about $200 million of outstanding indebtedness under CI's credit facility.  Full Article

CI Investments to merge six funds into other funds
Friday, 23 Sep 2016 11:58am EDT 

CI Investments : CI Investments Inc says proposal to merge six funds into other funds with substantially similar mandates . CI Investments Inc says proposing mergers to reduce duplication and to help streamline and simplify its fund lineup . CI Investments Inc says costs and expenses associated with mergers are being borne by CI, not funds . CI Global Fund to be renamed Signature Global Equity Fund effective on or about December 5, 2016 .CI Global Corporate Class will be renamed Signature Global Equity Corporate Class effective on or about December 5, 2016.  Full Article

CI Financial reports assets under management
Thursday, 1 Sep 2016 05:49pm EDT 

Ci Financial Corp : Assets under management at August 31, 2016 of $112.4 billion and total assets of $149.3 billion. . average aum for quarter-to-date were $112.1 billion, representing an increase of $3.1 billion or 2.9 percent from average for Q2 of 2016 . Assets under management increased by $5.0 billion or 4.7 percent year over year and were down slightly in month of August .Average assets under management for year-to-date were $109.2 billion, up 0.7 percent from average for fiscal year 2015.  Full Article

CI Financial Q2 earnings per share $0.47
Thursday, 4 Aug 2016 09:03am EDT 

CI Financial Corp : CI Financial reports second quarter results . Qtrly earnings per share $0.47 . Q2 earnings per share view C$0.48 -- Thomson Reuters I/B/E/S . Average assets under management were $109.0 billion in Q2 of 2016 .Average assets under management at quarter end up 2 percent from prior quarter average of $107.3 billion.  Full Article

CI Financial says intends to purchase up to 10 mlm of shares by way of normal course issuer bid
Tuesday, 14 Jun 2016 12:55pm EDT 

CI Financial Corp : Intends to purchase up to 10 million of its common shares by way of a normal course issuer bid . Ci financial corp says it is expected that purchases under normal course issuer bid may commence on june 18, 2016 and will terminate on june 17, 2017 .Ci financial renews normal course issuer bid.  Full Article

CI Financial says Peter Anderson to succeed Stephen Macphail as CEO
Tuesday, 17 May 2016 04:03pm EDT 

CI Financial Corp : Peter anderson will succeed Stephen Macphail as chief executive officer of corporation effective june 1, 2016 .CI Financial announces date for retirement of Stephen Macphail and appointment of Peter Anderson as CEO.  Full Article

CI Financial Corp raises dividend 5 pct
Thursday, 5 May 2016 07:55am EDT 

CI Financial Corp:Board of Directors declared a 5 pct increase in monthly cash dividend to $0.115 per share.Payable on each of June 15, July 15, and August 15, 2016 to shareholders of record on May 31, June 30 and July 31, 2016, respectively.  Full Article

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BRIEF-CI Financial Q1 earnings per share C$0.51

* Ci financial reports first quarter results, increases dividend