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 Aug 25, 2021 8:52am

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Post# 33760196

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

my gut tells me that the consistent buying by scotia and others is likely one of the Jackman's non reporting privates that hold ELF either inside ELF (and in which case would add to reciprocal share balance) or outside (which while reduces float, does not accrete to remaining minority).

regrettably, the only way we will know is when HNR share count is reported in next years AIF

so long as this seller persists, no reason for SIB to overpay.

once selling is complete, SIB more likely as would need the premium to shake out another block

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