TSX:FFHInsurance
How Investors May Respond To Fairfax (TSX:FFH) Reshaping Capital And Cutting Its Orla Mining Stake
Fairfax Financial Holdings has recently moved to redeem its Series I and J preferred shares for CA$25.00 each, continued paying quarterly dividends on its preferred series, and sold 25,000,000 Orla Mining shares for about CA$441.10 million as part of a portfolio rebalancing by its insurance subsidiaries.
This combination of preferred share redemptions, ongoing dividends, and a large equity sale highlights how Fairfax is actively reshaping its capital structure and investment exposure while...