$LFE.TO

Canadian Life Companies Split Renews ATM Equity Program

Canadian Life Companies Split (LFE.TO) has renewed its at-the-market equity (ATM) program, the company said on Wednesday.The program is effective until July 2, 2028, and replaces the prior program established in October 2025 that has terminated.The maximum proceeds from the shares issued under the program will be $140 million, which will be used primarily for investment.Canadian Life invests in an actively managed portfolio of companies which primarily includes Great-West Lifeco (GWO.TO), Industrial Alliance Insurance & Financial Services (IAG.TO), Manulife Financial (MFC.TO) and Sun Life Financial (SLF.TO).Canadian Life shares were last seen up $0.04, to $7.75, on the Toronto Stock Exchange.Price: $7.74, Change: $+0.03, Percent Change: +0.39%

Canadian Life Companies Split Corp. At The Market Equity Program Renewed

Canadian Life Companies Split Renews Its Normal Course Issuer Bid

Canadian Life Companies Split (LFE.TO) said Monday it received exchange approvals to renew a normal course issuer bid to repurchase and cancel up to 10% of its preferred shares and class A shares.The NCIB allows the company to purchase up to 2.21-million preferred shares and 2.11-million class A shares.The NCIB will begin on June 3 and run for 12 months.Under the previous normal course issuer bid terminating on Monday, no preferred shares or class A shares were purchased, the company stated.The company's shares were last seen down $0.06 to $7.59 on the Toronto Stock Exchange.Price: $7.59, Change: $-0.06, Percent Change: -0.78%