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Great-West Lifeco Inc T.GWO

Alternate Symbol(s):  T.GWO.P.S | T.GWO.P.T | T.GWO.P.G | T.GWO.P.Y | T.GWO.P.H | GWLIF | T.GWO.P.I | T.GWO.P.L | GRWLF | T.GWO.P.M | T.GWO.P.N | GRWTF | GWLPF | T.GWO.P.P | T.GWO.P.Q | T.GWO.P.R

Great-West Lifeco Inc. is an international financial services holding company. The Company has interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Its segments include Canada, United States, Europe, and Capital and Risk Solutions. It operates in Canada, the United States and Europe under the brands Canada Life, Empower, and Irish Life. It operates through its subsidiaries, including The Canada Life Assurance Company (Canada Life), and Empower Annuity Insurance Company of America (Empower). Canada Life provides insurance and wealth management products and services in Canada, the United Kingdom, the Isle of Man and Germany, and in Ireland through Irish Life. Empower provides retirement plans.


TSX:GWO - Post by User

Comment by Puma1backon Apr 27, 2022 7:47am
188 Views
Post# 34634808

RE:large volumes

RE:large volumes

i think it is tied to something the last Federal budget closed - short stock to just before dividend and then cover, collect the dividend and then reshort the stock. You will see with GWO that around the divdend dates you get swings in the short position. CJR - Corus entertainment- is an even more pronounced example. 


anyway, they would deduct the costs of the short and collect intercorporate dividends tax free - 



junglejames wrote: I've noticed GWO trades large volumes for 4-5 days every 3 to 4 months.   nothing shows up on SEDI as insider trading or NCIB purchases. 

Does anyone have any insights on this trading pattern?

 

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