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Power Corporation of Canada T.POW.PR.A


Primary Symbol: T.POW Alternate Symbol(s):  PWCDF | PWCCF | T.POW.PR.B | T.POW.PR.C | T.POW.PR.D | T.POW.PR.E | T.POW.PR.G

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. It operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term value creation with a diversified quality portfolio of listed and private investments.


TSX:POW - Post by User

Post by Schussing56on Nov 09, 2022 8:06am
552 Views
Post# 35084555

Power Corporation

Power CorporationNot sure if I should continue buying Power Corporation (t.pow) at these prices? I think, since the war started in Ukraine, Power Corp.'s business in Russia was irreparably damaged. Now, the current inflationary environment seems to be having a negative effect on their Wealthsimple business. Power Corp. is strong enough with their other financial investment and insurance businesses that, they probably shouldn't be too badly off (ie. probably not much further devaluation of the share price and, the dividend should be safe) but it's starting to look like there won't be much appreciation either, at least for the foreseeable future. GLTA!
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