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Great-West Lifeco Launches C$150 Million Preferred Shares Offering

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Great-West Lifeco Launches C$150 Million Preferred Shares Offering

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The latest announcement is out from Great-West Lifeco ( (TSE:GWO) ).

Great-West Lifeco announced an agreement with a syndicate of underwriters to issue 6,000,000 Non-Cumulative First Preferred Shares, Series Z, at C$25.00 per share, raising C$150 million. The offering, which may increase to C$200 million if an option to purchase additional shares is exercised, is intended for general corporate purposes and is expected to close on or about September 24, 2025. This move is part of Lifeco’s strategy to strengthen its financial position and enhance its market presence in the financial services industry.

The most recent analyst rating on (TSE:GWO) stock is a Hold with a C$56.00 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 is a financial services holding company that operates in Canada, the United States, and Europe under the brands Canada Life, Empower, and Irish Life. The company provides wealth, retirement, workplace benefits, insurance, and risk solutions to over 40 million customer relationships. As of June 30, 2025, the company managed total client assets of $3 trillion. Great-West Lifeco is listed on the Toronto Stock Exchange under the ticker symbol GWO and is part of the Power Corporation group of companies.

Average Trading Volume: 2,165,996

Technical Sentiment Signal: Buy

Current Market Cap: C$49.99B

For an in-depth examination of GWO stock, go to TipRanks’ Overview page.

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