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Intact Financial Corp IFTPF


Primary Symbol: T.IFC Alternate Symbol(s):  IFCZF | INFFF | T.IFC.P.A | INTAF | T.IFC.P.C | T.IFC.P.E | T.IFC.P.F | T.IFC.P.G | T.IFC.P.I | T.IFC.P.K

Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers.


TSX:IFC - Post by User

Comment by tbnorthstaron Nov 18, 2020 12:20pm
181 Views
Post# 31922795

RE:RE:RE:Intact Financial Corporation Announces Agreement with Corner

RE:RE:RE:Intact Financial Corporation Announces Agreement with Corner
Strohs16 wrote: I traded out of my position after earnings, just a small position, 100 shares, lol, but a lot for me, at $147.44, made a decent return.

This past week, started another position on the big down day, of course, I bought too early with my first lot of shares, traded in and out a bit to get my ACB to about $140, then watched it go down to $133-$134 that day, and I was shaking my head! 

Anyways, I held on, and once i saw the terms announced later in the week, figured the stock would recover, and, it has, great to see, will probably hold on now until at least the dividend or $150 per share, whichever comes first.

glta IFC longs.




Deal is finalized subject to the rubber stamp process (regulators, shareholders) and will be all tied up by the end of Q2 2021. Highly accretive. Intact is still one to own and add on dips.
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