Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) and OMERS, the pension plan for Ontario’s municipal employees, are pleased to announce that they have entered into an agreement pursuant to which OMERS will acquire a 40% interest in Fairfax’s UK run-off group, RiverStone UK.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series C (the “Series C Shares”) (TSX: FFH.PR.C) for the five years commencing January 1, 2020 and ending December 31, 2024.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $68.6 million ($2.04 net earnings per diluted share after payment of preferred share dividends) in the third quarter of 2019 compared to net earnings of $106.2 million ($3.34 net earnings per diluted share after payment of preferred share dividends) in the third quarter of 2018, primarily reflecting net losses on investments, partially offset by higher operating income.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has filed a final short form base shelf prospectus with the Canadian securities regulatory authorities in connection with Fairfax’s Cdn$8.0 billion universal shelf renewal.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 1, 2019 to discuss its 2019 third quarter results, which will be announced after the close of markets on Thursday, October 31 and will be available at that time on its website at www.fairfax.ca.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“NCIB”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares:
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), together with Bangalore International Airport Limited (“BIAL”), is donating an aggregate of US$1 million to aid relief operations in connection with the recent devastating floods in Karnataka, India.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) is pleased to announce that Jennifer Allen has been appointed Chief Financial Officer of Fairfax. John Varnell, who was previously serving as interim Chief Financial Officer of Fairfax, will continue serving as Vice President, Corporate Development of Fairfax.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, as a result of the substantial issuer bid (the “Issuer Bid”) by Reitmans (Canada) Limited (“Reitmans”), 7,392,900 Class A non-voting shares (the “Class A Shares”) of Reitmans held by Fairfax through its subsidiaries (representing approximately 14.82% of the issued and outstanding Class A Shares), were repurchased by Reitmans at a price of C$3.00 per Class A Share.