iA Financial Group Redeems Non‑Cumulative Class A Preferred Shares Series B

QUEBEC CITY, July 29, 2024 /CNW/ - Industrial Alliance Insurance and Financial Services Inc. ("iA Insurance") announces that it has completed today the redemption of all of its issued and outstanding Non-Cumulative Class A Preferred Shares Series B (TSX: IAF.PR.B) (the "Series B Preferred Shares"). iA Insurance has paid to the holders of the Series B Preferred Shares the redemption price of $25 and an amount of $0.090625, being an amount equal to the cash dividend in respect of the third quarter, pro rated to the redemption date, representing a total redemption price of $25.090625 per Series B Preferred Share.

About iA Financial Group
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).

To receive iA Financial Group news releases by email, you can sign up for our newsletter on our website at ia.ca.

iA Financial Group is a business name and trademark of iA Financial Corporation Inc. and Industrial Alliance Insurance and Financial Services Inc.

SOURCE iA Financial Group

Copyright 2024 Canada NewsWire