Fairfax Financial Holdings Limited announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series I (“Series I Shares”) (TSX:FFH.PR.I) for the five years commencing January 1, 2016 and ending December 31, 2020.
Fairfax Financial Holdings Limited announced today that it has agreed with its joint venture partner, ICICI Bank Limited (“ICICI Bank”), to acquire an additional 9.0% of the issued and outstanding shares of ICICI Lombard General Insurance Company Limited (“ICICI Lombard”).
Fairfax Financial Holdings Limited announces net earnings of $424.8 million in the third quarter of 2015 ($18.16 net earnings per diluted share after payment of preferred share dividends) compared to net earnings of $461.2 million in the third quarter of 2014 ($20.68 net earnings per diluted share after payment of preferred share dividends), principally reflecting lower net gains on investments, partially offset by increased underwriting profit.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, October 30, 2015 to discuss its 2015 third quarter results which will be announced after the close of markets on October 29 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announces today that the Toronto Stock Exchange accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid for its Subordinate Voting Shares, Cumulative 5-Year Rate Reset Preferred Shares, Series C, Cumulative Floating Rate Preferred Shares, Series D, Cumulative 5-Year Rate Reset Preferred Shares, Series E, Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5-Year Rate Reset Preferred Shares, Series G, Cumulative 5-Year Rate Reset Preferred Shares, Series I, Cumulative 5-Year Rate Reset Preferred Shares, Series K and Cumulative 5-Year Rate Reset Preferred Shares, Series M (“Series M Shares” and, together with the Series C Shares, Series D Shares, Series E Shares, Series F Shares, Series G Shares, Series I Shares and Series K Shares, the “Preferred Shares”) through the facilities of the TSX (or other alternative Canadian trading systems).
Fairfax Financial Holdings Limited has filed a final short form base shelf prospectus with the Canadian securities regulatory authorities.
Fairfax Financial Holdings Limited has filed a preliminary short form base shelf prospectus with the Canadian securities regulatory authorities. The shelf prospectus will allow Fairfax to offer from time to time over a 25-month period up to Cdn$5.0 billion of debt, equity or other securities.
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.286125 per share on its Series C Preferred Shares, C$0.24040 per share on its Series D Preferred Shares, C$0.18188 per share on its Series E Preferred Shares, C$0.17801 per share on its Series F Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares, C$0.3125 per share on its Series K Preferred Shares and C$0.296875 per share on its Series M Preferred Shares. The dividends on each of the Series C Preferred Shares, Series E Preferred Shares, Series G Preferred Shares, Series I Preferred Shares, Series K Preferred Shares and Series M Preferred Shares are payable on September 30, 2015 to shareholders of record on September 16, 2015.
Fairfax Financial Holdings Limited announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series G (“Series G Shares”) (TSX:FFH.PR.G) for the five years commencing October 1, 2015 and ending September 30, 2020. The fixed quarterly dividends on the Series G Shares during that period will be paid at an annual rate of 3.318% (Cdn.$0.207375 per share per quarter).
Fairfax Financial Holdings Limited announces that the proposed amendments to the terms of its multiple voting shares, as described in its management proxy circular dated June 12, 2015 and the supplement dated August 11, 2015, were approved by shareholders at Fairfax’s special meeting held earlier today, with 82.2% of Fairfax’s outstanding subordinate voting shares voting at the meeting.