Power Corporation of Canada Issues Preferred Shares to Raise Capital

An update from Power Corp of Canada ( (TSE:POW) ) is now available.

Power Corporation of Canada announced the issuance of 6,000,000 Non-Cumulative First Preferred Shares, Series I, priced at $25.00 per share with an annual dividend yield of 5.65%, expected to close on November 20, 2025. The offering, underwritten by a syndicate led by BMO Capital Markets, RBC Capital Markets, and Scotiabank, could raise up to $200 million if an additional 2,000,000 shares are purchased. The proceeds will be used for general corporate purposes, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (TSE:POW) stock is a Hold with a C$71.00 price target. To see the full list of analyst forecasts on Power Corp of Canada stock, see the TSE:POW Stock Forecast page.

Spark’s Take on TSE:POW Stock

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

Power Corp of Canada scores well due to strong earnings growth, robust technical indicators, and a solid valuation with an attractive dividend yield. The positive sentiment from the earnings call further boosts the score, despite some challenges in specific areas like GBL’s contribution and foreign exchange impacts.

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

More about Power Corp of Canada

Power Corporation is an international management and holding company focusing on financial services across North America, Europe, and Asia. Its core holdings include leading insurance, retirement, wealth management, and investment businesses, as well as a portfolio of alternative asset investment platforms.

Average Trading Volume: 2,248,246

Technical Sentiment Signal: Buy

Current Market Cap: C$44.25B

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