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iA Financial Corporation Inc ( (TSE:IAG) ) has provided an update.
iA Financial Corporation Inc. has redeemed its 2.400% Subordinated Debentures due in 2030, offering a redemption price above the principal, reflecting its strategic financial management. This action may enhance the company’s financial flexibility and demonstrate its commitment to effective capital management, potentially strengthening its market position and investor confidence.
More about iA Financial Corporation Inc
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations extending into the United States. As a significant Canadian public company founded in 1892, it is listed on the Toronto Stock Exchange under the ticker symbol IAG.
YTD Price Performance: -1.76%
Average Trading Volume: 293,367
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$12.06B
For detailed information about IAG stock, go to TipRanks’ Stock Analysis page.