The Toronto Stock Exchange reports that Power Corp. of Canada will list eight million 5.75 per cent non-cumulative first preferred shares, Series H, at 5:01 p.m. on Sept. 19, 2025, for trading at the open on Sept. 22, 2025. According to the TSX, the Series H shares will trade under the symbol POW.PR.H, in Canadian dollars and with Cusip No. 739239 84 6.
As stated in the prospectus supplement dated Sept. 17, 2025, the company is issuing eight million Series H shares at $25 per share in a public offering that it expects to close before the open on Sept. 22, 2025. The transfer agent and registrar is Computershare Investor Services Inc. at its principal offices in Montreal and Toronto, and the designated market-maker is W.D. Latimer Co. Ltd.
According to the TSX, the company will pay quarterly dividends on the Series H shares on Jan. 15, April 15, July 15 and Oct. 15 in each year, at $1.4375 per Series H share. The initial dividend of 45.291 cents per Series H share will be made on Jan. 15, 2026.
The TSX reports that the Series H shares will not be redeemable prior to
Oct. 15, 2030. On and after Oct. 15, 2030, the company
may redeem for cash the Series H shares in whole or
in part, at the company's option, at $26 per Series H
share if redeemed prior to Oct. 15, 2031, $25.75 if
redeemed on or after Oct. 15, 2031, and prior to Oct. 15,
2032, $25.50 if redeemed on or after Oct. 15, 2032, and prior
to Oct. 15, 2033, $25.25 if redeemed on or after Oct. 15,
2033, and prior to Oct. 15, 2034, and $25 if redeemed on
or after Oct. 15, 2034, in each case together with all
declared and unpaid dividends to but excluding the date of
redemption.
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