Fairfax Financial will redeem all Series C and D preferred shares by year-end, totaling C$250 million.

Fairfax Financial Holdings, a Toronto-based insurance holding company, plans to redeem all outstanding Series C and Series D preferred shares on December 31, 2024, at C$25.00 per share, totaling around C$250 million. The company will use proceeds from a recent C$700 million Senior Notes offering to finance the redemption. After redemption, these shares will no longer trade on the Toronto Stock Exchange.

November 29, 2024
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