CI Financial Corp T.CIX

Alternate Symbol(s): CIXXF

Financial Services Asset Management

CI Financial Corp. is a diversified global asset and wealth management company operating primarily in Canada, the United States and Australia. The Company is engaged in the management and distribution of a range of financial products and services, including wealth management, insurance, and others. The Company operates through three segments: Asset Management, Canadian Wealth Management, and U.S. Wealth Management. The Asset Management segment includes CI Global Asset Management, which operates in Canada, and GSFM Pty Ltd., which operates in Australia. The Canadian Wealth Management segment includes the operations of CI Assante Wealth Management, Aligned Capital Partners, CI Private Wealth, Northwood Family Office, CI Direct Investing and CI Investment Services. The U.S. Wealth Management segment includes Corient Private Wealth LLC, an integrated wealth management company providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients across the United States.

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CI Financial Corp > CIX buying back up to 10% of its stock.

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Comment by thelostarcon Jun 22, 2023 11:00am

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Post# 35509141

RE:CIX buying back up to 10% of its stock.

CI is a buyback machine and at sub $15 is totally undervalued. With $400Bn assets in some form of management, and limited capital expenditure requirements, CI is a cash flow king and all that cash flow going to shareholders in dividends and this aggressive buyback program. They should exercise the entire allocation, buy back 10% of the float this year, another 10% next year... and so on. Pretty soon new investors will be scrambling to find any shares for sale, then we will see where the price goes.

$50/share is my target for 2025.

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