TSX:ELFInsurance
Assessing E L Financial (TSX:ELF) Valuation After Renewed Share Buyback Authorization
E-L Financial (TSX:ELF) has renewed its Normal Course Issuer Bid, allowing repurchases of up to about 5% of its outstanding common shares over the next year. All repurchased shares will be cancelled.
See our latest analysis for E-L Financial.
At a share price of CA$15.93, E-L Financial has had a 30 day share price return of 6.84% decline and a year to date share price return of 3.8% decline. However, its 5 year total shareholder return of 161.19% points to strong long term compounding. This...