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The latest update is out from Great-West Lifeco ( (TSE:GWO) ).
Great-West Lifeco Inc. announced amendments to its normal course issuer bid (NCIB), increasing the maximum number of common shares that can be repurchased from 20 million to 40 million. The Toronto Stock Exchange approved an amendment allowing Lifeco to purchase shares from Power Financial Corporation to maintain its proportionate interest. This move supports Lifeco’s strategic plan to repurchase an additional $500 million in shares in 2025, enhancing shareholder value and maintaining market stability.
The most recent analyst rating on (TSE:GWO) stock is a Buy with a C$62.00 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 strong financial performance and strategic growth initiatives, particularly in the U.S. Empower segment, are the most significant factors driving the score. The stock’s bullish technical indicators and reasonable valuation further support a positive outlook. However, attention to cost management and addressing credit-related impacts are necessary for sustained growth.
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 under the brands Canada Life, Empower, and Irish Life in Canada, the United States, and Europe. The company provides wealth, retirement, workplace benefits, insurance, and risk solutions to over 40 million customer relationships, with total client assets amounting to $3 trillion as of June 30, 2025. It is a member of the Power Corporation group and trades on the Toronto Stock Exchange under the ticker symbol GWO.
Average Trading Volume: 2,539,182
Technical Sentiment Signal: Buy
Current Market Cap: C$50.29B
Learn more about GWO stock on TipRanks’ Stock Analysis page.