E-L Financial Corp Ltd T.ELF

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

Financial Services Insurance - Life

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.

TSX:ELF - Post by User

E-L Financial Corp Ltd > ELF

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Comment by chuck84on May 24, 2021 10:22pm

206 Views

Post# 33258277

RE:RE:RE:RE:RE:RE:RE:RE:ELF

doesn't matter what you think. the rules exist.

minimum shareholders/float are a prerequisite to being public. suppose typically the rules are there to prevent upside manipulation via the tight float/heavy promote crowd which is certainly the norm but tight float has done wonders for Elf's discount and downside manipulation, hence mandatory buyouts at the 90% mark.

given the way the company describes the float, who knows, maybe they could get another SIB through.

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