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Power Corp. of Canada reported lower 2025 earnings, raised its dividend, repurchased shares, and named James O’Sullivan as new CEO.
Power Corp. of Canada reported fourth-quarter 2025 net earnings of $408 million, down from $933 million a year earlier, citing weaker performance at key subsidiaries like Great-West Lifeco, though IGM Financial saw higher earnings.
Full-year 2025 net earnings declined to $2.57 billion, while adjusted net earnings rose to $3.40 billion.
The company increased its quarterly dividend by 9% and completed a $1.6 billion share repurchase.
Adjusted net asset value rose 41.9% to $85.77 per share.
James O’Sullivan will become CEO on July 1, succeeding Jeffrey Orr.
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Power Corp. de Canadá informó ganancias 2025 más bajas, aumentó su dividendo, recompró acciones y nombró a James O'Sullivan como nuevo CEO.