The Toronto Stock Exchange reports that non-cumulative Class A shares, Series 13, of Intact Financial Corp. will be listed at 5:01 p.m. on Nov. 11, 2025, for trading at the open on Nov. 12, 2025. As stated in the company's prospectus supplement dated Nov. 7, 2025, Intact Financial is issuing six million Series 13 shares at $25 per share in a public offering that is expected to close before the open on Nov. 12, 2025. The Series 13 shares will trade under the symbol IFC.PR.M, in Canadian dollars and with Cusip No. 45823T 76 7.
The TSX notes that Intact Financial expects to pay quarterly dividends on the Series 13 shares on the last day of March, June, September and December in each year, at $1.375 per share per year. The initial dividend payment of 52.36 per Series 13 share will be paid on March 31, 2026. The designated market-maker is W.D. Latimer Co. Ltd., and the transfer agent and registrar is Computershare Investor Services Inc. at its principal office in Toronto.
According to the TSX, the Series 13 shares will not be redeemable before Dec. 31, 2030. On or after Dec. 31, 2030, the company may redeem the Series 13 preferred
shares in whole or in part, at the company's option, by the payment
in cash of $26 per Series 13 share if redeemed prior
to Dec. 31, 2031, of $25.75 per Series 13 share if
redeemed on or after Dec. 31, 2031, but prior to Dec. 31, 2032, of $25.50 per Series 13 share if redeemed on
or after Dec. 31, 2032, but prior to Dec. 31, 2033, of
$25.25 per Series 13 share if redeemed on or after
Dec. 31, 2033, but prior to Dec. 31, 2034, and of $25 per Series 13 share if redeemed on or after Dec. 31, 2034, in each case together with all declared and unpaid
dividends thereon up to, but excluding, the date fixed for redemption.
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