Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that the investigation by the Autorité des marchés financiers, the securities regulatory authority in the Province of Quebec, of Fairfax, its Chairman and CEO, Prem Watsa, and its President, Paul Rivett, has been closed.
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 announces that it has acquired, through its subsidiaries and by way of a private share purchase agreement, a total of 12,200,000 common shares of Stelco Holdings Inc., representing approximately 13.7% of the issued and outstanding Common Shares, at a price of C$20.50 per Common Share.
Fairfax Financial Holdings Limited announces 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 compared to net earnings of $476.9 million ($16.42 net earnings per diluted share after payment of preferred share dividends) in the third quarter of 2017, reflecting lower net gains on investments, partially offset by higher underwriting profit.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 2, 2018 to discuss its 2018 third quarter results which will be announced after the close of markets on Thursday, November 1, 2018 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announces that a jury verdict in its lawsuit filed in 2006 seeking damages for alleged stock market manipulation involving Fairfax shares has awarded Fairfax and its Crum & Forster subsidiary damages of US$10.9 million against Exis Capital Management and related Exis companies, Adam Sender and Andrew Heller, including punitive damages of US$3.0 million against Exis, US$2.25 million against Mr. Sender and US$0.25 million against Mr. Heller.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH)(TSX: 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 agreed, in exchange for the receipt of a payment of US$20 million, to resolve its claims against Morgan Keegan & Company, Incorporated made in its lawsuit filed in 2006 seeking damages for alleged stock market manipulation involving Fairfax 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), recognizing the shattering scope of the recent floods in Kerala, India, is donating US$1 million towards relief and recovery from those floods, working primarily through the Red Cross.