Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares and C$0.34589 per share on its Series K Preferred Shares.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-06-01 10:59:452023-06-02 11:07:12Fairfax Announces Quarterly Dividend on Series C, Series E, Series G, Series I and Series K Preferred Shares
Fairfax Financial Holdings Limited announced today that, through its Fairbridge Capital subsidiary, it has entered into an agreement with Thomas Cook Group plc (“Thomas Cook”) in the United Kingdom to purchase its 77% interest in Thomas Cook (India) Limited (“TC India”) at a purchase price of INR 50 per share for a total cost of INR 8,174 million (approximately US$150 million).
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-05-21 10:10:132023-06-05 10:12:27Fairfax Announces Agreement to Acquire Thomas Cook India
Fairfax Financial Holdings Limited announces a net loss of $1.3 million in the first quarter of 2012 ($0.69 net loss per diluted share) compared to a net loss of $240.6 million in the first quarter of 2011 ($12.42 net loss per diluted share), reflecting improved underwriting results (with a consolidated combined ratio below 100%) and lower investment losses, partially offset by lower interest and dividend income.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Wednesday, May 2, 2012 to discuss its 2012 first quarter results which will be announced after the close of markets on Tuesday, May 1 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited has completed its previously announced public offering of Preferred Shares, Series K (the “Series K Shares”) in Canada. As a result of the underwriters’ exercising their option to purchase an additional 1,500,000 Series K Shares, Fairfax has issued 9,500,000 Series K Shares for gross proceeds of $237.5 million. Net proceeds of the issue, after commissions and expenses, are approximately $230 million.
Fairfax Financial Holdings Limited announced today that it will issue in Canada 8 million Preferred Shares, Series K at a price of $25.00 per share, for aggregate gross proceeds of $200 million, on a bought deal basis to a syndicate of Canadian underwriters.
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares and C$0.3125 per share on its Series I Preferred Shares. The dividends are payable on March 30, 2012 to shareholders of record on March 15, 2012.
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-03-01 10:26:512023-06-05 10:27:58Fairfax Announces Quarterly Dividend on Series C, Series E, Series G and Series I Preferred Shares
Fairfax Financial Holdings Limited announces fiscal year 2011 net earnings of $45.1 million ($0.31 net loss per diluted share after payment of preferred share dividends) compared to $335.8 million ($14.82 per diluted share) in 2010, reflecting weaker underwriting results, primarily arising from an unprecedented severity of large catastrophe claims worldwide. Book value per share decreased to $364.55 at December 31, 2011 from $376.33 at December 31, 2010, a decrease of 0.4% (adjusted for the $10 per common share dividend paid in the first quarter of 2011).
/wp-content/uploads/2022/08/ff_logo_blue_en.png00Jinisha Jain/wp-content/uploads/2022/08/ff_logo_blue_en.pngJinisha Jain2012-02-16 10:28:292023-06-05 10:30:23Fairfax Financial Holdings Limited: Financial Results for the Year Ended December 31, 2011
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 17, 2012 to discuss its 2011 year-end results which will be announced after the close of markets on Thursday, February 16 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announced today that it has entered into an agreement to acquire approximately 25% of the issued and outstanding shares of Thai reinsurer, Thai Reinsurance Public Company Limited, for approximately US$70 million.
Fairfax Announces Quarterly Dividend on Series C, Series E, Series G, Series I and Series K Preferred Shares
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares and C$0.34589 per share on its Series K Preferred Shares.
Fairfax Announces Agreement to Acquire Thomas Cook India
Fairfax Financial Holdings Limited announced today that, through its Fairbridge Capital subsidiary, it has entered into an agreement with Thomas Cook Group plc (“Thomas Cook”) in the United Kingdom to purchase its 77% interest in Thomas Cook (India) Limited (“TC India”) at a purchase price of INR 50 per share for a total cost of INR 8,174 million (approximately US$150 million).
Fairfax Financial Holdings Limited: First Quarter Financial Results
Fairfax Financial Holdings Limited announces a net loss of $1.3 million in the first quarter of 2012 ($0.69 net loss per diluted share) compared to a net loss of $240.6 million in the first quarter of 2011 ($12.42 net loss per diluted share), reflecting improved underwriting results (with a consolidated combined ratio below 100%) and lower investment losses, partially offset by lower interest and dividend income.
Fairfax Announces Conference Call
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Wednesday, May 2, 2012 to discuss its 2012 first quarter results which will be announced after the close of markets on Tuesday, May 1 and will be available at that time on its website www.fairfax.ca.
Fairfax Completes $237.5 Million Offering of Preferred Shares
Fairfax Financial Holdings Limited has completed its previously announced public offering of Preferred Shares, Series K (the “Series K Shares”) in Canada. As a result of the underwriters’ exercising their option to purchase an additional 1,500,000 Series K Shares, Fairfax has issued 9,500,000 Series K Shares for gross proceeds of $237.5 million. Net proceeds of the issue, after commissions and expenses, are approximately $230 million.
Fairfax Announces Preferred Share Issue
Fairfax Financial Holdings Limited announced today that it will issue in Canada 8 million Preferred Shares, Series K at a price of $25.00 per share, for aggregate gross proceeds of $200 million, on a bought deal basis to a syndicate of Canadian underwriters.
Fairfax Announces Quarterly Dividend on Series C, Series E, Series G and Series I Preferred Shares
Fairfax Financial Holdings Limited announces that it has declared a quarterly dividend of C$0.359375 per share on its Series C Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares and C$0.3125 per share on its Series I Preferred Shares. The dividends are payable on March 30, 2012 to shareholders of record on March 15, 2012.
Fairfax Financial Holdings Limited: Financial Results for the Year Ended December 31, 2011
Fairfax Financial Holdings Limited announces fiscal year 2011 net earnings of $45.1 million ($0.31 net loss per diluted share after payment of preferred share dividends) compared to $335.8 million ($14.82 per diluted share) in 2010, reflecting weaker underwriting results, primarily arising from an unprecedented severity of large catastrophe claims worldwide. Book value per share decreased to $364.55 at December 31, 2011 from $376.33 at December 31, 2010, a decrease of 0.4% (adjusted for the $10 per common share dividend paid in the first quarter of 2011).
Fairfax Announces Conference Call
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 17, 2012 to discuss its 2011 year-end results which will be announced after the close of markets on Thursday, February 16 and will be available at that time on its website www.fairfax.ca.
Fairfax to Purchase Interest in Thai Reinsurer
Fairfax Financial Holdings Limited announced today that it has entered into an agreement to acquire approximately 25% of the issued and outstanding shares of Thai reinsurer, Thai Reinsurance Public Company Limited, for approximately US$70 million.