10% holder buying at Power Financial (PWF)

10% holder buying at Power Financial (T:PWF)

Pierre Beaudoin, a 10% Holder, acquired 17,500 Common Shares on a direct ownership basis at prices ranging from $28.447 to $28.476 on November 14th, 2018. This represents a $498,009 investment into the company's shares and an account share holdings change of greater than 100%.

Power Financial is in the Multiline Insurance & Brokers Sub Industry Group under the Financials Sector.

Power Financial Corp is a Canada-based diversified management and holding company. It has operations in the financial services sector in Canada, the United States and Europe, through its controlling interests in Great- West Lifeco Inc (Lifeco) and IGM Financial Inc (IGM). It operates through three segments: Lifeco, IGM and Pargesa Holding SA (Pargesa). Lifeco offers life insurance, health insurance, retirement and investment management services, and is engaged in the asset management and reinsurance business primarily in Canada, the United States and Europe. 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; oil, gas and alternative energies, and electricity, natural gas, and energy and environmental services.