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Power Corp of Canada ( (TSE:POW) ) has provided an update.
Power Corporation of Canada reported strong financial results for the fourth quarter and full year of 2024, with significant increases in net earnings and adjusted net earnings compared to the previous year. The company also announced a 9% dividend increase and highlighted strategic initiatives such as share buybacks and partnerships, which are expected to bolster its market position and enhance shareholder value.
More about Power Corp of Canada
Power Corporation of Canada is a diversified international management and holding company with interests in financial services, asset management, and other business sectors. It operates primarily through its subsidiaries, including Great-West Lifeco, IGM Financial, and Groupe Bruxelles Lambert, focusing on delivering financial solutions and investment opportunities.
YTD Price Performance: 11.34%
Average Trading Volume: 2,513,301
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$31.47B
Learn more about POW stock on TipRanks’ Stock Analysis page.