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Bullboard - Stock Discussion Forum E-L Financial Corp Ltd T.ELF

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

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... see more

TSX:ELF - Post Discussion

E-L Financial Corp Ltd > Stock Buybacks
View:
Post by Malpeque2 on Jun 23, 2020 12:02pm

Stock Buybacks

Stock Buyback announcement is GOOD.

Even BETTER would be a bit more agressive in the open market for the company to buy back a large amount of shares at such a nice discount to stated book.
Comment by Method on Jun 23, 2020 3:04pm
  They completed the buyback. Maybe a SIB next. 
Comment by Malpeque2 on Jun 24, 2020 6:51pm
What is a SIB?      Something Issuer Bid? An Issuer Bid is the same thing as a buyback. When did they announce that they completed a buyback? I saw an announcement that they were initiating a stock repurchase.
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