Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 26, 2017 to shareholders of record on January 19, 2017. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax Financial Holdings Limited and Fairfax Africa Holdings Corporation announce that the Company has filed a preliminary prospectus with the securities regulatory authorities of all provinces and territories in Canada and obtained a receipt therefor in respect of its initial public offering (the “Offering”) of subordinate voting shares.
Fairfax Financial Holdings Limited and Allied World Assurance Company Holdings, AG are pleased to announce that they have entered into a merger agreement, pursuant to which Fairfax will acquire all of the outstanding registered ordinary shares of Allied World.
Fairfax Financial Holdings Limited has completed its previously announced offering of C$450 million in aggregate principal amount of 4.70% Senior Notes due 2026.
Fairfax Financial Holdings Limited announces that it intends to offer C$450 million in aggregate principal amount of Senior Notes due 2026 to be priced at $99.669 per $100 principal amount.
Fairfax Financial Holdings Limited announces that it has declared the quarterly dividends per share on its preferred shares.
Fairfax Financial Holdings Limited announces that after considering the effect of the recent U.S. elections and the potential for changes that may dramatically impact the U.S. economy and, therefore, the U.S. equity markets, the company determined it was prudent to significantly reduce its hedge of its equity investment exposure immediately.
Fairfax Financial Holdings Limited announces net earnings of $1.3 million in the third quarter of 2016 ($0.42 net loss per diluted share after payment of preferred share dividends) compared to net earnings of $424.8 million in the third quarter of 2015 ($18.16 net earnings per diluted share after payment of preferred share dividends), reflecting strong operating income offset by net losses on investments.
Fairfax Financial Holdings Limited will hold a conference call at 8:30 a.m. Eastern Time on Friday, November 4, 2016 to discuss its 2016 third quarter results which will be announced after the close of markets on Thursday, November 3 and will be available at that time on its website www.fairfax.ca.
Fairfax Financial Holdings Limited announced today that it has entered into an agreement to acquire insurance operations from American International Group, Inc. (NYSE:AIG) in Argentina, Chile, Colombia, Uruguay, Venezuela and Turkey.