An announcement from Great-West Lifeco ( (TSE:GWO) ) is now available.
Great-West Lifeco Inc. hosted its 2025 Investor Day in Toronto, focusing on the theme ‘Driving Growth, Delivering Lasting Value.’ The company updated its medium-term financial objectives, including an increase in its Base Return on Equity objective to 19% or more, up from 16-17%. Additionally, it introduced a new objective for Base Capital Generation of 80% or more and reaffirmed its confidence in achieving Base EPS growth of 8-10% and a Base Dividend Payout Ratio of 45-55%. These updates reflect the company’s strategic focus on building market-leading franchises and delivering value for shareholders through strong cash and capital generation.
More about Great-West Lifeco
Great-West Lifeco Inc. is a financial services holding company operating in Canada, the United States, and Europe under the brands Canada Life, Empower, and Irish Life. The company provides wealth, retirement, workplace benefits, and insurance and risk solutions to over 40 million customer relationships. As of December 31, 2024, Great-West Lifeco’s total client assets exceeded $3 trillion. It is a member of the Power Corporation group of companies and trades on the Toronto Stock Exchange under the ticker symbol GWO.
YTD Price Performance: 21.05%
Average Trading Volume: 3,158,514
Technical Sentiment Signal: Sell
Current Market Cap: C$52.53B
Find detailed analytics on GWO stock on TipRanks’ Stock Analysis page.