tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Great-West Lifeco Announces Conversion Results for Series N Preferred Shares

Story Highlights
  • Great-West Lifeco specializes in financial services, including wealth, retirement, insurance, and group benefits across major global markets.
  • Due to insufficient conversions, no Series N Shares will be converted into Series O Shares, ensuring operational compliance in share structuring.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great-West Lifeco Announces Conversion Results for Series N Preferred Shares

Claim 50% Off TipRanks Premium and Invest with Confidence

Great-West Lifeco ( (TSE:GWO) ) just unveiled an announcement.

Great-West Lifeco Inc. announced the result of a conversion election for its Non-Cumulative 5-Year Rate Reset First Preferred Shares, Series N. Holders of 6,425 Series N Shares opted to convert their shares into Series O Shares on a one-for-one basis by December 31, 2025. However, due to insufficient conversions to meet the threshold for outstanding Series O Shares, no Series N Shares will be converted to Series O Shares, and written notice will be issued to stakeholders accordingly. This decision underscores operational clarity in managing share conversions and may affect stakeholders holding Series N Shares.

The most recent analyst rating on (TSE:GWO) stock is a Buy with a C$67.00 price target. To see the full list of analyst forecasts on Great-West Lifeco stock, see the TSE:GWO Stock Forecast page.

Spark’s Take on TSE:GWO Stock

According to Spark, TipRanks’ AI Analyst, TSE:GWO is a Outperform.

Great-West Lifeco’s overall stock score of 76 reflects its solid financial performance, positive technical indicators, and strategic corporate actions. The company’s strong earnings growth and share buyback plans are significant positives, while the reasonable valuation and attractive dividend yield provide a balanced investment proposition. However, attention to cost management and operational efficiency remains important.

To see Spark’s full report on TSE:GWO stock, click here.

More about Great-West Lifeco

Great-West Lifeco Inc. is a financial services holding company operating in Canada, the United States, and Europe under brands such as Canada Life, Empower, and Irish Life. It specializes in wealth, retirement, group benefits, insurance, and risk solutions, serving over 40 million customer relationships and managing assets exceeding $3.3 trillion as of September 30, 2025. Listed on the Toronto Stock Exchange (TSX: GWO), it is part of the Power Corporation group of companies.

Average Trading Volume: 1,622,974

Technical Sentiment Signal: Buy

Current Market Cap: C$61.43B

Learn more about GWO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1