E-L Financial Corp Ltd T.ELF

Alternate Symbol(s): T.ELF.P.F | T.ELF.P.G | T.ELF.P.H | ELFIF

Financial Services Insurance - Diversified

E-L Financial Corporation Limited is a Canada-based investment and insurance holding company. The Company operates through two segments: E-L Corporate and Empire Life. E-L Corporate segment represents investments in stocks and fixed income securities held directly and indirectly through pooled funds, closed-end investment companies and other investment companies. The investment strategy is to accumulate shareholder value through long-term capital appreciation and dividend and interest income from its investments. Empire Life segment offers individual and group life and health insurance, investment and retirement products to Canadians. The segment provides a range of life insurance and wealth management products, employee benefit plans and financial services to meet the needs of individuals, professionals and businesses through a network of Independent Financial Advisors (IFA), Managing General Agents (MGA), National Account firms and Group Solutions brokers and representatives.

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E-L Financial Corp Ltd > Buybacks

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Post by Malpeque2on Jun 24, 2020 6:58pm

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Post# 31188234

Buybacks

Hello Method:

I see they announced a buyback for 5% of the float in early March 2020. Thru the end of the 1Q 2020 they bought back 140,000 shares. At a good price. Good deal.

So you think they completed the remaining 60K shares since the end of the 1Q?

THis was announced/discussed at the annual meeting?

IF so, then why waste time. Time is money. Let's start another buyback program pronto!

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