TSX:IGMCapital Markets
IGM Financial Cash Returns Rise As Profit Growth Supports Aggressive Buybacks
IGM Financial (TSX:IGM) is reported to have delivered strong profit growth as part of Power Corp. of Canada’s latest results.
The company’s dividend is reported to have been raised, pointing to higher cash returns for shareholders.
Management is reported to be planning more aggressive share buybacks, aiming to narrow the gap between market price and net asset value.
IGM Financial is one of Canada’s larger wealth and asset management groups, giving you exposure to retail advice, mutual...