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AGF Management Ltd.: AGF Management Limited Reports Fourth Quarter and Fiscal Year 2020 Financial Results


AGF Management Ltd.: AGF Management Limited Reports Fourth Quarter and Fiscal Year 2020 Financial Results
TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE)
Reported mutual fund net sales of $88 million for the fourth quarter, a $269 million improvement over prior year
Completed the sale of Smith & Williamson, receiving $250.4 million in proceeds, resulting in a strengthened balance sheet, with $94 million in cash and no debt as at November 30, 2020
Returned $45.6 million to shareholders in the quarter through the completion of a substantial issuer bid and quarterly dividend payment
Reported diluted EPS of $1.43 for the fourth quarter of 2020, including the gain on sale of Smith & Williamson
Adjusted diluted EPS was $0.19, including $0.08 from private alternatives ....

United States , South Korea , Smith Williamson , Judy Goldring , Baoqin Guo , Adrian Basaraba , Kevin Mccreadie , Instaragf Essential Infrastructure Fund , Investment Association , Instaragf Asset Management Inc , United Nations , Klipper Fund , Toronto Stock Exchange , Management Limited , Global Distribution , Chief Executive Officer , Chief Investment Officer , Business Highlights , Wavefront Global Asset Management , Responsible Investment , Lipper Fund Awards , Wealth Professional , Assets Under Management , Financial Statements , Free Cash Flow , Investor Relation ,

Investegate |AGF Management Ltd. Announcements | AGF Management Ltd.: AGF Management Limited Reports Fourth Quarter and Fiscal Year 2020 Financial Results


AGF Management Limited Reports Fourth Quarter and Fiscal Year 2020 Financial Results
TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE)
Reported mutual fund net sales of $88 million for the fourth quarter, a $269 million improvement over prior year
Completed the sale of Smith & Williamson, receiving $250.4 million in proceeds, resulting in a strengthened balance sheet, with $94 million in cash and no debt as at November 30, 2020
Returned $45.6 million to shareholders in the quarter through the completion of a substantial issuer bid and quarterly dividend payment
Reported diluted EPS of $1.43 for the fourth quarter of 2020, including the gain on sale of Smith & Williamson
Adjusted diluted EPS was $0.19, including $0.08 from private alternatives ....

United States , South Korea , Smith Williamson , Judy Goldring , Baoqin Guo , Adrian Basaraba , Kevin Mccreadie , Instaragf Essential Infrastructure Fund , Investment Association , Instaragf Asset Management Inc , United Nations , Klipper Fund , Toronto Stock Exchange , Agf Management Limited Reports Fourth Quarter , Management Limited , Limited Reports Fourth Quarter , Fiscal Year , Global Distribution , Chief Executive Officer , Chief Investment Officer , Business Highlights , Wavefront Global Asset Management , Responsible Investment , Lipper Fund Awards , Wealth Professional , Assets Under Management ,