TSX:POWInsurance
Did Power Corp of Canada's (TSX:POW) CA$586 Million Buyback and Dividend Just Recast Its Capital Play?
Power Corporation of Canada recently reported past second-quarter 2026 results, with net income of CA$709 million and diluted EPS from continuing operations of CA$1.08, while also completing a CA$586 million repurchase of 7,139,900 shares under its previously announced buyback program.
The company also declared a quarterly dividend of CA$0.6675 per share, payable on October 30, 2026, underscoring its ongoing capital return alongside mixed quarterly and six‑month earnings trends.
We’ll now...