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Option-releated CEO selling at Power of Canada (T:POW)

Updated Wednesday Nov 18, 2020 04:37 AM EDT

Robert Jeffrey Orr, CEO, Director and Subsidiary Executive, disposed of 713,501 Subordinate Voting Shares on a direct ownership basis at prices ranging from $28.409 to $28.636 on November 16th, 2020. This represents a $20,327,935 divestment of the company's shares and an account share holdings change of -59.3%.

Power of Canada is in the Life & Health Insurance Sub Industry Group under the Financials Sector.

Power Corporation of Canada is a diversified management and holding company. The Company has interest in the financial services, renewable energy, communications and other business sectors. Its principal asset is the controlling interest in Power Financial Corporation (Power Financial). Its segments are Great-West Lifeco Inc. (Lifeco), IGM Financial Inc. (IGM) and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment services, and is engaged in the asset management and reinsurance business. IGM is a financial services company operating in Canada, primarily within the advice segment of the financial services market. Pargesa is a holding company with diversified interests in Europe-based companies active in various sectors, such as minerals-based specialty solutions for industry; cement, aggregates and concrete; testing, inspection and certification; wines and spirits, and electricity, natural gas and energy and environmental services.

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Go to Power Corporation of Canada (POW)'s company page

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