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E-L Financial Corporation Limited Announces Renewal of Normal Course Issuer Bid


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TORONTO, March 04, 2021 (GLOBE NEWSWIRE) E-L Financial Corporation Limited (TSX:ELF) (TSX:ELF.PR.F) (TSX:ELF.PR.G) (TSX:ELF.PR.H) (the “Company”) announced today that the Toronto Stock Exchange (the “Exchange”) has accepted a notice filed by the Company of its intention to proceed with the renewal of its Normal Course Issuer Bid (the “Bid”) to be transacted through the facilities of the Exchange or through alternative Canadian trading systems.
The notice provides that the Company may, during the 12-month period commencing March 9, 2021 and ending March 8, 2022, purchase up to 185,428 common shares in the capital of the Company (“Shares”) in total, being approximately 5% of the total number of 3,708,576 Shares outstanding as at March 2, 2021. The price which the Company will pay for any such Shares will be the prevailing market price at the time of acquisition. The actual number of Shares which may be purchased pursuant to the Bid will be d ....

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