Canadian Life Companies Split Corp T.LFE

Alternate Symbol(s): T.LFE.P.B | CLSPF

The Companys investment objectives are (i) to provide holders of Preferred Shares with fixed cumulative preferential monthly cash dividends in the amount of $0.04375 per Preferred Share to yield 5.25% per annum on the original issue price (ii) to provide holders of Class A Shares with regular monthly cash distributions targeted to be $0.10 per Class A Share to yield 8.0% per annum on the original issue price and (iii) to return the original issue price to holders of both Preferred Shares and Class A Shares at the time of the redemption of such shares on December 1, 2012. The Company will invest primarily in a portfolio of common shares of Proceeds: (the ``Portfolio) which will include the following publicly traded Canadian life insurance companies (the ``Portfolio Companies), each of whose shares will generally represent no less than 10% and no more than 30% of the net asset value (``Net Asset Value) of the Company: Great-West Lifeco Inc.

TSX:LFE - Post by User

Canadian Life Companies Split Corp

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Post by mousermanon Mar 15, 2024 3:51pm

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Post# 35935582

Big volume today as buyers lick up the shares

NAT BANK for some reason selling it hard, must not follow SH numbers that are posted.
ANON buying which is generally shorties covering, or someone paying extra to have their Broker's name ANONYMOUS...

House Positions for C:LFE from 20240315 to 20240315

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	61,545	294,418	4.784	18,146	86,576	4.771	43,399	-207,842
7 TD Sec	26,835	127,935	4.767	8,697	41,627	4.786	18,138	-86,308
33 Canaccord	9,800	46,805	4.776	0			9,800	-46,805
19 Desjardins	9,250	44,107	4.768	0			9,250	-44,107
9 BMO Nesbitt	5,000	23,850	4.77	0			5,000	-23,850
2 RBC	9,039	43,046	4.762	6,185	29,510	4.771	2,854	-13,536
84 ITG84	510	2,426	4.757	100	478	4.78	410	-1,948
5 Citadel	0			50	239	4.78	-50	239
39 Merrill Lynch	0			100	480	4.80	-100	480
85 Scotia	1,000	4,760	4.76	3,700	17,686	4.78	-2,700	12,926
79 CIBC	23,200	110,623	4.768	31,500	150,041	4.763	-8,300	39,418
80 National Bank	30,080	143,771	4.78	107,781	515,104	4.779	-77,701	371,333
TOTAL	176,259	841,741	4.776	176,259	841,741	4.776	0	0