Company Power Corporation of Canada

Equities

POW

CA7392391016

Life & Health Insurance

Market Closed - Toronto S.E. 16:00:00 2024-06-14 EDT 5-day change 1st Jan Change
38.45 CAD -0.59% Intraday chart for Power Corporation of Canada -3.85% +1.48%

Business Summary

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term and sustainable value creation.

Number of employees: 30,000

Sales per Business

CAD in Million2022Weight2023Weight Delta
Lifeco
88.4 %
44,641 91.7 % 35,135 88.4 % -21.29%
IGM Financial
9.7 %
3,455 7.1 % 3,870 9.7 % +12.01%
Alternative Asset Investment Platforms and Other
3.1 %
730 1.5 % 1,228 3.1 % +68.22%
Reconciling Items
-1.2 %
-179 -0.4 % -481 -1.2 % +168.72%
Holding Company
0.0 %
48 0.1 % 12 0.0 % -75.00%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
45.9 %
16,926 34.8 % 21,293 45.9 % +25.80%
Europe and Other
27.8 %
-- 12,892 27.8 % -
United States
26.4 %
29,175 59.9 % 12,243 26.4 % -58.04%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 05-04-30
Director of Finance/CFO - 03-17
Chairman 69 80-12-31
Chief Administrative Officer - 89-02-28
Corporate Officer/Principal 66 -
Director/Board Member 68 82-12-31
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal - 15-12-31
Corporate Officer/Principal - 14-04-30
Corporate Officer/Principal 61 15-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 82-12-31
Director/Board Member 67 01-04-30
Chairman 69 80-12-31
Director/Board Member 67 20-05-14
Director/Board Member 70 11-05-12
Chief Executive Officer 66 05-04-30
Director/Board Member 61 05-04-30
Director/Board Member 78 14-05-07
Director/Board Member 56 20-05-14
Director/Board Member 75 16-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 18,000,000 0 0 75.22 %
Stock B 0 6,000,000 0 0
Stock C 0 8,000,000 0 0
Stock D 0 54,860,866 162,904 ( 0.2969 %) 0
Stock E 0 6,000,000 0 0
Stock F 1 594,594,106 516,936,543 ( 86.94 %) 0

Shareholders

NameEquities%Valuation
Desmarais Family Residuary Trust
7.814 %
46,944,592 7.814 % 1 362 M $
1,991,444 0.3315 % 58 M $
Spiltan Fonder AB
0.2671 %
1,604,958 0.2671 % 47 M $
Nordea Investment Management AB
0.2136 %
1,283,433 0.2136 % 37 M $
Robert Orr
0.1321 %
793,451 0.1321 % 23 M $
Sjunde AP-fonden
0.1272 %
763,956 0.1272 % 22 M $
Guardians of New Zealand Superannuation
0.1257 %
755,030 0.1257 % 22 M $
Azimut Capital Management SGR SpA
0.1085 %
651,545 0.1085 % 19 M $
Argenta Spaarbank NV
0.0825 %
495,929 0.0825 % 14 M $
SLGI Asset Management, Inc.
0.0732 %
439,535 0.0732 % 13 M $
NameEquities%Valuation
Franklin Bissett Investment Management
0.4313 %
34,500 0.4313 % 520 709 $
NameEquities%Valuation
Slater Asset Management, Inc.
0.0930 %
5,579 0.0930 % 91 964 $
NameEquities%Valuation
Franklin Bissett Investment Management
0.2400 %
14,400 0.2400 % 231 149 $
NameEquities%Valuation
Franklin Bissett Investment Management
1.489 %
119,150 1.489 % 2 M $
NameEquities%Valuation
Desmarais Family Residuary Trust
99.19 %
54,715,456 99.19 % 1 533 M $

Company contact information

Power Corp. of Canada

751 Victoria Square

H2Y 2J3, Montréal

+514-286-7400

http://www.powercorporation.com
address Power Corporation of Canada(POW)

Group companies

NameCategory and Sector
Regional Banks
Investment Managers
Investment Managers
Insurance Brokers/Services
Canada Life Capital Corp., Inc.
Putnam Investment Holdings LLC
Investment Managers
Investment Managers
Multi-Line Insurance

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
38.45 CAD
Average target price
43.78 CAD
Spread / Average Target
+13.86%
Consensus
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  4. Company Power Corporation of Canada