Company Power Corporation of Canada

Equities

POW

CA7392391016

Life & Health Insurance

Market Closed - Toronto S.E. 04:52:55 2024-04-19 pm EDT 5-day change 1st Jan Change
36.84 CAD +1.04% Intraday chart for Power Corporation of Canada +1.54% -2.77%

Business Summary

Power Corporation of Canada is a Canada-based international management and holding company. The Company is focused on providing financial services in North America, Europe, and Asia. Its core holdings include insurance, retirement, wealth management and investment businesses, including a portfolio of alternative asset investment platforms. The Company operates through three segments: Lifeco, IGM Financial and GBL. Lifeco is a financial service holding company with interests in life insurance, health insurance, retirement and investment management services, asset management and reinsurance businesses primarily in Canada, the United States and Europe. IGM Financial is a wealth and asset management company supporting financial advisors and the clients they serve in Canada, and institutional investors through North America, Europe, and Asia. GBL is a Belgian holding company, which is focused on long-term and sustainable value creation.

Number of employees: 30,000

Sales per Business

CAD in Million2022Weight2023Weight Delta
Lifeco
88.4 %
44,641 91.7 % 35,135 88.4 % -21.29%
IGM Financial
9.7 %
3,455 7.1 % 3,870 9.7 % +12.01%
Alternative Asset Investment Platforms and Other
3.1 %
730 1.5 % 1,228 3.1 % +68.22%
Reconciling Items
-1.2 %
-179 -0.4 % -481 -1.2 % +168.72%
Holding Company
0.0 %
48 0.1 % 12 0.0 % -75.00%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
45.9 %
16,926 34.8 % 21,293 45.9 % +25.80%
Europe and Other
27.8 %
-- 12,892 27.8 % -
United States
26.4 %
29,175 59.9 % 12,243 26.4 % -58.04%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 05-04-30
Chairman 69 80-12-31
Chief Administrative Officer - 89-02-28
Corporate Officer/Principal 66 -
Director/Board Member 68 82-12-31
Corporate Officer/Principal - 20-12-31
Corporate Officer/Principal - 15-12-31
Corporate Officer/Principal - 14-04-30
Corporate Officer/Principal 61 15-02-28
Corporate Officer/Principal - 94-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 82-12-31
Director/Board Member 67 01-04-30
Chairman 69 80-12-31
Director/Board Member 67 20-05-14
Director/Board Member 70 11-05-12
Chief Executive Officer 66 05-04-30
Director/Board Member 61 05-04-30
Director/Board Member 78 14-05-07
Director/Board Member 56 20-05-14
Director/Board Member 75 16-04-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 18,000,000 0 0 75.24 %
Stock B 0 6,000,000 0 0
Stock C 0 8,000,000 0 0
Stock D 0 54,860,866 162,904 ( 0.2969 %) 0
Stock E 0 6,000,000 0 0
Stock F 1 595,109,590 517,475,279 ( 86.95 %) 0

Shareholders

NameEquities%Valuation
Desmarais Family Residuary Trust
7.832 %
47,054,592 7.832 % 1 323 M $
MFS Investment Management Canada Ltd.
0.4198 %
2,521,913 0.4198 % 71 M $
1,991,444 0.3315 % 56 M $
Spiltan Fonder AB
0.2469 %
1,483,571 0.2469 % 42 M $
Sionna Investment Managers, Inc.
0.2465 %
1,480,829 0.2465 % 42 M $
Nordea Investment Management AB
0.2099 %
1,260,833 0.2099 % 35 M $
Manulife Investment Management Ltd.
0.1924 %
1,155,835 0.1924 % 32 M $
Sjunde AP-fonden
0.1292 %
776,069 0.1292 % 22 M $
Guardians of New Zealand Superannuation
0.1257 %
755,030 0.1257 % 21 M $
Cullen Capital Management LLC
0.1133 %
680,721 0.1133 % 19 M $
NameEquities%Valuation
Franklin Bissett Investment Management
0.4938 %
39,500 0.4938 % 595 739 $
Advantaged Preferred Share Trust (Mutual Fund Manager)
0.4788 %
38,300 0.4788 % 577 641 $
Leon Frazer & Associates, Inc.
0.4075 %
32,600 0.4075 % 491 673 $
NorRock Asset Management Ltd.
0.0980 %
7,840 0.0980 % 118 243 $
Manulife Investment Management Ltd.
0.0300 %
2,400 0.0300 % 36 197 $
NameEquities%Valuation
Advantaged Preferred Share Trust (Mutual Fund Manager)
0.6315 %
37,891 0.6315 % 633 879 $
Leon Frazer & Associates, Inc.
0.5407 %
32,440 0.5407 % 542 689 $
Horizons Investment Management, Inc.
0.3357 %
20,140 0.3357 % 336 922 $
Slater Asset Management, Inc.
0.0930 %
5,579 0.0930 % 93 331 $
NameEquities%Valuation
Advantaged Preferred Share Trust (Mutual Fund Manager)
0.3947 %
39,466 0.3947 % 561 404 $
NorRock Asset Management Ltd.
0.1530 %
15,300 0.1530 % 217 643 $
Leon Frazer & Associates, Inc.
0.1000 %
10,000 0.1000 % 142 250 $
Manulife Investment Management Ltd.
0.0250 %
2,500 0.0250 % 35 563 $
NameEquities%Valuation
Leon Frazer & Associates, Inc.
0.5433 %
32,600 0.5433 % 516 938 $
Franklin Bissett Investment Management
0.2400 %
14,400 0.2400 % 228 341 $
Stone Asset Management Ltd.
0.0548 %
3,289 0.0548 % 52 154 $
NameEquities%Valuation
Franklin Bissett Investment Management
1.513 %
121,000 1.513 % 2 M $
Manulife Investment Management Ltd.
0.5000 %
40,000 0.5000 % 638 120 $
J. Zechner Associates, Inc.
0.0850 %
6,800 0.0850 % 108 480 $
NameEquities%Valuation
Desmarais Family Residuary Trust
99.19 %
54,715,456 99.19 % 1 504 M $

Company contact information

Power Corp. of Canada

751 Victoria Square

H2Y 2J3, Montréal

+514-286-7400

http://www.powercorporation.com
address Power Corporation of Canada(POW)

Group companies

NameCategory and Sector
Regional Banks
Investment Managers
Investment Managers
Insurance Brokers/Services
Canada Life Capital Corp., Inc.
Putnam Investment Holdings LLC
Investment Managers
Investment Managers
Multi-Line Insurance

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
36.46 CAD
Average target price
42.61 CAD
Spread / Average Target
+16.87%
Consensus
  1. Stock Market
  2. Equities
  3. POW Stock
  4. Company Power Corporation of Canada