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Great-West Lifeco Inc (GWO.TO)

GWO.TO on Toronto Stock Exchange

35.14CAD
8 Dec 2017
Change (% chg)

$0.48 (+1.38%)
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$34.66
Open
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Volume
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$37.79
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Latest Key Developments (Source: Significant Developments)

Great-West Lifeco reports Q3 EPS of C$0.587
Thursday, 2 Nov 2017 11:18am EDT 

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 05:05pm EDT 

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

Great-West Lifeco subsidiary Canada Life Group announces agreement to acquire retirement advantage
Thursday, 24 Aug 2017 08:00am EDT 

Aug 24 (Reuters) - Great-West Lifeco Inc :Great-West lifeco subsidiary Canada Life Group announces agreement to acquire retirement advantage.‍Terms of transaction were not disclosed​.Transaction is expected to be earnings accretive, although it is not expected to have a material impact on co's financial results​.‍European subsidiary Canada Life Group reached an agreement to acquire financial services provider retirement advantage​.  Full Article

Great-West Lifeco reports Q2 earnings per share c$0.591
Wednesday, 2 Aug 2017 05:25pm EDT 

Aug 2 (Reuters) - Great-west Lifeco Inc :Great-West Lifeco reports second quarter 2017 adjusted net earnings of $712 million, up 6% from the second quarter of 2016.Q2 adjusted earnings per share c$0.719 excluding items.Q2 earnings per share view c$0.62 -- Thomson Reuters I/B/E/S.Q2 earnings per share c$0.591.Great-West lifeco inc - ‍irish life health remains on track to deliver target expense reductions​.Great-West lifeco inc - qtrly ‍total net premiums $7,772 million versus $9,365​ million at q1-end.Great-West lifeco inc qtrly ‍earnings per diluted share $0.590​.  Full Article

Great-West Lifeco prices $700 million of senior notes
Tuesday, 23 May 2017 04:57pm EDT 

May 23 (Reuters) - Great-west Lifeco Inc :Great-West lifeco announces pricing of us$700 million of senior notes.Great-West lifeco inc - subsidiary priced us$700 million principal amount of 4.15% senior notes due 2047.Great-West lifeco inc - notes will be issued at a price equal to 99.218% of par.  Full Article

Great-West Lifeco subsidiary announces acquisition of Financial Horizons Group
Friday, 19 May 2017 12:00pm EDT 

May 19 (Reuters) - Great-west Lifeco Inc :Great-West Lifeco subsidiary announces acquisition of Financial Horizons Group - the leading MGA in the Canadian market.Transaction is expected to be earnings accretive, although not material to overall Canadian earnings.Financial horizons group will continue to operate with its own governance and board of directors.  Full Article

Great-West says unit intends to redeem all $1 bln aggregate principal amount of outstanding 5.691% subordinated debentures
Monday, 24 Apr 2017 07:45am EDT 

April 24 (Reuters) - Great-west Lifeco Inc :Great-West lifeco-unit intends to redeem all $1 billion aggregate principal amount of its outstanding 5.691% subordinated debentures due june 21, 2067.Great-West lifeco inc- subsidiary intends to redeem debentures at redemption price equal to 100% of principal amount of debentures.  Full Article

GREAT-WEST LIFECO REPORTS Q4 EARNINGS PER SHARE C$0.686
Thursday, 9 Feb 2017 10:53am EST 

Great-west Lifeco Inc : GREAT-WEST LIFECO REPORTS FOURTH QUARTER 2016 RESULTS, INCREASES DIVIDEND BY 6% . Q4 EARNINGS PER SHARE C$0.686 . Q4 EARNINGS PER SHARE VIEW C$0.68 -- THOMSON REUTERS I/B/E/S . Q4 EARNINGS PER SHARE C$0.707 EXCLUDING ITEMS . INCREASES QUARTERLY DIVIDEND BY 6 PERCENT . SETS QUARTERLY DIVIDEND OF C$0.367PER SHARE .GREAT-WEST LIFECO - CONSOLIDATED ASSETS UNDER ADMINISTRATION AT DECEMBER 31, 2016 WERE OVER $1.2 TRILLION, INCREASE OF $36 BILLION FROM DECEMBER 31, 2015.  Full Article

Great-West Lifeco announces normal course issuer bid
Thursday, 5 Jan 2017 08:24am EST 

Great-West Lifeco Inc : Great-West Lifeco announces normal course issuer bid . Great-West Lifeco Inc - under renewed NCIB corporation may purchase for cancellation up to 20 million common shares over 12 month period .Great-West Lifeco -utilize renewed NCIB to acquire shares in order to mitigate dilutive effect of issuing securities under corp's stock option plan.  Full Article

Great-West Lifeco announces expense reductions at Putnam Investments
Tuesday, 15 Nov 2016 01:15pm EST 

Great-west Lifeco Inc : Great-West Lifeco announces expense reductions at Putnam Investments . Great-West Lifeco Inc - Putnam Investments will be undertaking us$65 mln in expense reductions, aligning its resources . Great-West Lifeco Inc - Putnam Investments will be undertaking us$65 mln in expense reductions . Great-west Lifeco Inc -Says small number of investment management professionals will be leaving company . Great-West Lifeco - firm will be reducing its staff by nearly eight percent (approximately 115 positions) .Great-West Lifeco - Putnam will address cost across its enterprise through reduction in staff, elimination of certain non-core business programs.  Full Article

BRIEF-Great-West Lifeco reports Q3 EPS of C$0.587

* Great-West Lifeco reports third quarter 2017 net earnings of $581 million, including losses of $175 million related to Hurricanes Harvey, Irma and Maria