Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces a net loss of $1,259.3 million ($47.38 net loss per diluted share after payment of preferred share dividends) in the first quarter of 2020 compared to net earnings of $769.2 million ($26.98 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2019, primarily reflecting unrealized losses on investments.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2020-04-30 12:00:452022-12-02 15:09:24Fairfax Financial Holdings Limited: Financial Results For The First Quarter
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$650 million in aggregate principal amount of 4.625% Senior Notes due 2030 (the “Notes”). In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 1, 2020 to discuss its 2020 first quarter results, which will be announced after the close of markets on Thursday, April 30, 2020 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 it has priced a private offering of US$650,000,000 of Fairfax’s Senior Notes due 2030 (the “Notes”) at an issue price of 100%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 4.625% per annum.
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), recognizing the unprecedented widespread economic suffering from the COVID-19 pandemic, is donating US$1 million to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (the “PM CARES Fund”) to aid the Indian Government in providing assistance to its citizens in connection with the COVID-19 pandemic.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2020-04-20 12:00:092022-12-02 15:08:42Fairfax to Donate US$1 Million to ‘PM CARES Fund’ for COVID-19 Relief in India
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) is pleased to announce the results of the vote on Directors at its April 16, 2020 Annual Shareholders’ Meeting. Each of the nominee directors listed in Fairfax’s management proxy circular dated March 6, 2020 was elected as a director, without a vote by ballot being conducted.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Bruce Reid/wp-content/uploads/2022/08/ff_logo_blue_en.pngBruce Reid2020-04-17 12:00:142022-12-02 15:08:29Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces preliminary unaudited financial information which will be finalized for the Company’s first quarter of 2020 unaudited financial results, including information reflecting key developments as a result of the COVID-19 pandemic and its impact on global financial markets. We are currently estimating a net loss in the first quarter of 2020 of approximately $1.4 billion and an approximate 12% decrease in book value adjusted for the $10 per common share dividend paid in the first quarter of 2020.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U), recognizing the unprecedented widespread economic suffering resulting from the COVID-19 pandemic, is donating US$2 million ($1 million in Canada and $1 million in the United States) to food banks and humanitarian organizations providing relief services to those severely disadvantaged by the COVID-19 pandemic.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) has formerly announced that, due to the COVID-19 pandemic, shareholders will not be able to attend in person at its annual meeting commencing 9:30 a.m. Eastern Time on Thursday, April 16, 2020, but that there will be a webcast of the formal annual meeting and a presentation by Prem Watsa, Fairfax’s Chair and CEO, followed by a Q&A session.
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U), recognizing the widespread cancellation of public events as a protection of individual and public safety in the face of the COVID-19 pandemic, with great regret has cancelled the attendance of its directors and the officers of all of its subsidiaries and Fairfax group companies at its April 16 annual meeting and has cancelled all booths and other events (dinners, etc.) originally contemplated for that meeting. Therefore, shareholders will not be able to attend the meeting in person.
Fairfax Financial Holdings Limited: Financial Results For The First Quarter
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces a net loss of $1,259.3 million ($47.38 net loss per diluted share after payment of preferred share dividends) in the first quarter of 2020 compared to net earnings of $769.2 million ($26.98 net earnings per diluted share after payment of preferred share dividends) in the first quarter of 2019, primarily reflecting unrealized losses on investments.
Fairfax Completes US$650 Million Senior Notes Offering
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$650 million in aggregate principal amount of 4.625% Senior Notes due 2030 (the “Notes”). In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement.
Fairfax Announces Conference Call
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, May 1, 2020 to discuss its 2020 first quarter results, which will be announced after the close of markets on Thursday, April 30, 2020 and will be available at that time on its website at www.fairfax.ca.
Fairfax Announces Pricing of Senior Notes Offering
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$650,000,000 of Fairfax’s Senior Notes due 2030 (the “Notes”) at an issue price of 100%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 4.625% per annum.
Fairfax to Donate US$1 Million to ‘PM CARES Fund’ for COVID-19 Relief in India
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), recognizing the unprecedented widespread economic suffering from the COVID-19 pandemic, is donating US$1 million to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (the “PM CARES Fund”) to aid the Indian Government in providing assistance to its citizens in connection with the COVID-19 pandemic.
Result of Voting for Directors at Annual Shareholders’ Meeting
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) is pleased to announce the results of the vote on Directors at its April 16, 2020 Annual Shareholders’ Meeting. Each of the nominee directors listed in Fairfax’s management proxy circular dated March 6, 2020 was elected as a director, without a vote by ballot being conducted.
Fairfax Reports Recent Developments
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces preliminary unaudited financial information which will be finalized for the Company’s first quarter of 2020 unaudited financial results, including information reflecting key developments as a result of the COVID-19 pandemic and its impact on global financial markets. We are currently estimating a net loss in the first quarter of 2020 of approximately $1.4 billion and an approximate 12% decrease in book value adjusted for the $10 per common share dividend paid in the first quarter of 2020.
Fairfax Donates US$2 Million for COVID-19 Relief
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U), recognizing the unprecedented widespread economic suffering resulting from the COVID-19 pandemic, is donating US$2 million ($1 million in Canada and $1 million in the United States) to food banks and humanitarian organizations providing relief services to those severely disadvantaged by the COVID-19 pandemic.
Fairfax Announces Annual Meeting Webcast Details
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) has formerly announced that, due to the COVID-19 pandemic, shareholders will not be able to attend in person at its annual meeting commencing 9:30 a.m. Eastern Time on Thursday, April 16, 2020, but that there will be a webcast of the formal annual meeting and a presentation by Prem Watsa, Fairfax’s Chair and CEO, followed by a Q&A session.
Fairfax Announces Changes to Annual Meeting
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U), recognizing the widespread cancellation of public events as a protection of individual and public safety in the face of the COVID-19 pandemic, with great regret has cancelled the attendance of its directors and the officers of all of its subsidiaries and Fairfax group companies at its April 16 annual meeting and has cancelled all booths and other events (dinners, etc.) originally contemplated for that meeting. Therefore, shareholders will not be able to attend the meeting in person.