$POW.TO

IGM Financial Total Consolidated Net Inflows were $857M During May 2026

IGM Financial Reported Record High Total AUM and Advisement of $337.9B at May 31, 2026, up 21.2% from $278.8B at May 31, 2025

IGM Financial Announced May 2026 AUM and Advisement and Net Flows

IGM Financial Says Completed $400M Debenture Offering and Issuing Notice to Redeem its 2027 Debentures

WealthSimple to Offer Clients Early Access to Select Canadian and U.S. IPOs

Power Corporation of Canada's (POW.TO) WealthSimple unit will give Canadian retail investors early access to select initial public offerings (IPOs) at the offering price, something that is typically limited to institutional and high-net-worth investors, the company said on Thursday.The new capability, called IPO Access, will allow Wealthsimple clients to request shares, with no minimum requirement, of select companies going public on Canadian and U.S. stock exchanges. There is no fee to participate.Specific IPOs will be announced in the Wealthsimple app. If demand exceeds the shares Wealthsimple has available, participating clients are selected through a transparent process that is disclosed ahead of each IPO. Clients may end up with all the shares they requested, some, or none."Access to IPO shares is one of the starkest divides in public market investing," said Swapnil Parikh, Wealthsimple vice president of product. "Big institutions get to buy in at the offering price, while everyday investors are excluded. Wealthsimple is making it possible for Canadian investors to participate in IPOs on the same terms, at the same price."Power Corp shares were last seen up $0.04 to $80.96 on the Toronto Stock Exchange.Price: $81.02, Change: $+0.10, Percent Change: +0.12%

IGM Financial Announces $400 Million Debenture Offering

IGM Financial (IGM.TO) on Wednesday said it has priced a $400 million debenture offering.The debentures are being offered in two series: $200 million of the debentures will mature on June 2, 2036, with an interest rate of 4.407% per annum. The remaining $200 million of the debentures will mature on June 2, 2056 and bear interest at 5.002% per annum.The debenture offering is expected to close on June 2. Proceeds will be used to redeem IGM's outstanding $400 million of 3.44% debentures due January 26, 2027, a statement said.IGM Financial shares closed up $0.27, to $78.90 on Wednesday on the Toronto Stock Exchange.

Power Corporation of Canada, Great-West Lifeco and IGM Financial Announce Joint Investment in Sagard AI Fund

Power Corporation of Canada (POW.TO), Great-West Lifeco Inc (GWO.TO) and IGM Financial Inc (IGM.TO) on Wednesday announced a combined US$150 million investment in the newly established Sagard AI Fund LP.The Fund is a closed-end investment vehicle focused on backing "leading" artificial intelligence companies that are accelerating the adoption of AI across financial services and other key sectors globally, stated the companies."This investment forms part of a broader approach across the Power group to engage early and meaningfully with AI as a foundational technology - supporting long term growth, productivity gains, talent development, and enhanced client and advisor experiences," the statement noted.Power Corporation of Canada's shares were last seen up C$0.75 at C$81.40, Great-West Lifeco's shares were last seen up C$0.51 at C$78.66 and IGM Financial's shares were last seen up C$0.76 at C$78.23, on the Toronto Stock Exchange.Price: $81.16, Change: $+0.51, Percent Change: +0.63%

Power Corporation, Great West and IGM Financial Announcing Joint Investment in Sagard AI Fund

Power Corp of Canada Downgraded to Hold at TD

Power Corporation of Canada (POW.TO) was downgraded to Hold from Buy at TD Securities on Thursday.Analyst Graham Ryding raised his price target on shares of the Montreal-based management and holding company to $84 from $74 following its quarterly results."Earnings growth from core operating companies is evident," Ryding said in a note to clients. "The alternative asset manager continues to scale.""Capital returns are healthy (dividend increases and buybacks)," the analyst said."We have increased our target price (rolling forward estimates and higher multiple)," Ryding said."These positives appear priced-in (P/E is 3.1x higher than the L5Y average). The total return potential suggests a Hold rating at this time."

Power Corp of Canada Price Target Raised to $86 at RBC

Power Corporation of Canada (POW.TO) had its price target raised to C$86 from C$82 at RBC Capital Markets on ThursdayAnalyst Bart Dziarski maintained an Outperform rating on shares of the Montreal-based management and holding company with interests primarily in financial services."POW shares currently trade at a 19% discount to NAV with an attractive ~3% dividend yield," Dziarski said in a note to clients."With $1.7 Billion of cash available (we estimate ~$1 Billion is excess), POW retains optionality to continue its healthy pace of stock buybacks and re-deploy into growth areas of the business like we saw this quarter with the Sagard funding round," the analyst said.

Power Corp. Q1 Adjusted Earnings Rise, Match Estimates

Power Corporation of Canada (POW.TO) on Tuesday reported a 15% year-over-year rise in first-quarter adjusted earnings, matching analysts' expectations, and announced a dividend.Adjusted earnings, excluding most one-time items, reached C$905 million, or $1.43 per share, up from $787 million, or $1.22, in the same quarter of 2025. It matched FactSet analysts' estimates of $1.43 earnings per share.The company said adjusted net asset value per share was $84.54 at March 31, 2026, compared with $85.77 at Dec. 31, 2025. While book value per share was $36.52 at March 31, 2026, compared with $36.31 at December 31, 2025.The company said it continues to "execute and deliver on its long-term value creation strategy, with strong earnings performance at Great West and IGM, and $1.2 billion in capital returned to shareholders year-to-date through $0.8 billion of dividends and share repurchases of $0.4 billion".The holding company also declared a quarterly dividend of 66.75 cents per share payable on July 31 to shareholders of record on June 30.Shares of the company closed up $1.65 to $80.09 on Toronto Stock Exchange.

Earnings Flash (POW.TO) Power Corp Posts Q1 Adjusted EPS C$1.43 per Share, vs. FactSet Est of C$1.43

IGM Financial Added Total Consolidated Net Inflows Were $763M During April 2026

IGM Financial Says That Was Up 20.9% from $269.5B at April 30, 2025

IGM Financial Reported Overnight Record High Total Assets Under Management and Advisement of $325.8B at April 30, 2026

TSX Closer: Index Down In All But 1 of the Last 8 Sessions; Morningstar Cites 10 Top-Performing Dividend Stocks

The Toronto Stock Exchange has closed lower in all but one of the last eight sessions, with the latest losses on this Tuesday coming as U.S. Defense Secretary Pete Hegseth said the US-Iran ceasefire "is not over" despite attacks in the Strait of Hormuz yesterday.The S&P/TSX Composite Index closed down 71.96 points, or 0.2%, at 33.566.91, even as most sectors were higher, led by Health Care, up 2.5%, followed By Base Metals, up 2%, and Energy, up 1.4%. Information Technology was down near 4.2% and the Battery Metals Index was down 2.6%.Among individual stocks, BNN Bloomberg TV cited Ero Copper, up more than 5% today and up just short of 100% over one year. The company reported first-quarter results earlier Tuesday. BNN also cited Parex Resources (PXT.TO), up near 5% as Frontera (FEC.TO) obtained a final order approving their plan of arrangement.On the negative side, BNN cited Shopify (SHOP.TO), down more than 15% after its Q1 results, and Keyera (KEY.TO), which lost more than 7% as the Competition Bureau moved to block its $5.15-billion acquisition of Plains All American Pipelines Canadian natural-gas liquids business.Still on individual stocks, Morningstar Canada said the top performing dividend payers in April included engineering and construction company Aecon (ARE.TO), Canadian Imperial Bank of Commerce (CM.TO), and asset management firm IGM Financial (IGM.TO). Morningstar noted dividend-paying stocks that "combine healthy balance sheets with hefty yields" can provide investors with "steady incomes, cushion against market downturns, and grow investments at a healthy clip".A screening of the Morningstar Canada Index, which measures the performance of Canada's broad regional markets, targeting the top 97% of stocks by market capitalization, for companies with a forward dividend yield of at least 1.5%, excluding real estate investment trusts, showed the best performing Canadian dividend stocks last month. This included the aforementioned Aecon, CIBC and IGM. The list also included National Bank of Canada (NA.TO), TD Bank Group (TD.TO), Industrial Alliance Insurance and Financial Services (IAG.TO), Power Corporation of Canada (POW.TO), TMX Group (X.TO), Sun Life Financial (SLF.TO) and Superior Plus (SPB.TO).Of commodities, gold traded higher by midafternoon, rising off a five-week low as treasury yields weakened. Gold for June delivery was up US$35.60 to US$4,568.90 per ounce.But West Texas Intermediate crude oil fell 3.9% with the ceasefire between the United States and Iran seen holding, calming Monday's gains as violence in the Persian Gulf eased. WTI crude oil for June delivery closed down US$4.15 to settle at US$102.27 per barrel, after rising 4.4% on Monday, while July Brent oil was down US$4.24 to US$110.20.