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Fairfax Announces Intention to Redeem Cumulative Preferred Shares, Series G & H
Globenewswireยท 2025-08-29 11:00
Core Viewpoint - Fairfax Financial Holdings Limited intends to redeem all outstanding Series G and Series H Preferred Shares on September 30, 2025, for a total amount of C$250.0 million, plus accrued dividends [1][5]. Redemption Details - The redemption price for each share will be C$25.00, with a total of 7,719,843 Series G Shares and 2,280,157 Series H Shares being redeemed [1]. - The final quarterly dividend for Series G Shares will be C$0.185125, payable on September 30, 2025, while Series H Shares will receive a final dividend of C$0.32792 on September 29, 2025 [3]. Post-Redemption Information - Following the redemption, both Series G and Series H Shares will be delisted from the Toronto Stock Exchange [5]. - Non-registered holders of Preferred Shares are advised to contact their brokers for information regarding the redemption process [4].