The Toronto Stock Exchange reports that Power Corp. of Canada's 5.65 per cent non-cumulative first preferred shares, Series I, will be listed at 5:01 p.m. on Nov. 19, 2025, for trading at the open on Nov. 20, 2025, under the symbol POW.PR.I, in Canadian dollars and with Cusip No. 739239 83 8.
As stated in its prospectus supplement dated Nov. 17, 2025, the company is issuing eight million Series I shares at $25 per share in a public offering that it expects to close before the open on Nov. 20, 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 expects to pay dividends on the Series I shares on Jan. 15, April 15, July 15 and Oct. 15 in each year, at $1.4125 per share per year. The initial dividend payment of 56.5 cents per Series I share will be made on April 15, 2026.
The TSX notes that the Series I shares will not be redeemable prior to
Jan. 15, 2031. On and after Jan. 15, 2031, the
company may redeem for cash the Series I shares in whole or in part, at the company's option, at
$26 per Series I share if redeemed prior to
Jan. 15, 2032, $25.75 if redeemed on or after Jan. 15, 2032, and prior to Jan. 15, 2033, $25.50 if redeemed
on or after Jan. 15, 2033, and prior to Jan. 15, 2034,
$25.25 if redeemed on or after Jan. 15, 2034, and prior to
Jan. 15, 2035, and $25 if redeemed on or after
Jan. 15, 2035, in each case together with all declared
and unpaid dividends to, but excluding, the date of
redemption.
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