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IGM Financial Inc (IGM.TO)

IGM.TO on Toronto Stock Exchange

43.71CAD
23 Jan 2018
Change (% chg)

$-0.19 (-0.43%)
Prev Close
$43.90
Open
$43.83
Day's High
$43.89
Day's Low
$43.59
Volume
64,387
Avg. Vol
180,755
52-wk High
$45.82
52-wk Low
$38.56

Latest Key Developments (Source: Significant Developments)

IGM Financial Announces $250 Million Offering Of Debentures
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Igm Financial Inc ::IGM FINANCIAL INC. ANNOUNCES $250 MILLION OFFERING OF DEBENTURES.IGM FINANCIAL INC - HAS PRICED ISSUANCE OF $250 MILLION PRINCIPAL AMOUNT OF DEBENTURES.IGM FINANCIAL INC - DEBENTURES WILL BE DATED DECEMBER 7, 2017 AND WILL MATURE ON DECEMBER 9, 2047.IGM FINANCIAL - NET PROCEEDS WILL BE USED BY IGM FINANCIAL TO REPAY UPCOMING LONG-TERM DEBT MATURITIES.IGM FINANCIAL INC - DEBENTURES WILL BEAR INTEREST AT A RATE OF 4.115% PER ANNUM PAYABLE SEMI-ANNUALLY IN ARREARS.  Full Article

IGM Financial announces CFO succession plan
Wednesday, 22 Nov 2017 

Nov 21 (Reuters) - Igm Financial Inc :Announces CFO succession plan.‍Kevin Regan announces intention to retire; Luke Gould appointed new chief financial officer effective January 1, 2018​.  Full Article

IGM Financial announces initiatives to enhance operational effectiveness
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - IGm Financial Inc :IGM Financial Inc. announces initiatives to enhance operational effectiveness.IGM Financial - ‍during Q4, will record a one-time charge of about $118 million after-tax, or $160 million pre-tax which equates to $0.49 per share after-tax​.IGM Financial Inc - ‍among initiatives is a decision to discontinue development of a new investment fund accounting system​.IGM Financial Inc - ‍after a thorough review, company instead will upgrade its current solution for investment fund accounting system​.IGM Financial - ‍post implementation of initiatives, anticipates 2018 non-commission expense increases of 5% relative to 2017​.IGM Financial - due to discontinued development ‍of investment fund accounting system​, other decisions, co to record charge about $74 million after-tax.  Full Article

IGM Financial Q3 earnings per share c$0.72
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Igm Financial Inc : :IGM Financial Inc reports third quarter earnings.Q3 earnings per share c$0.72.Q3 earnings per share view c$0.81 -- Thomson Reuters I/B/E/S.IGM Financial Inc - qtrly revenue c$773.3 million versus c$776.5 million.  Full Article

IGM Financial says total AUM were $139.9 bln at September 30, 2016
Wednesday, 5 Oct 2016 

: Igm financial inc says total assets under management were $139.9 billion at september 30, 2016, compared with $139.3 billion at august 31, 2016 . Igm financial inc. Announces september 2016 mutual fund sales and total assets under management .Igm financial inc says mutual fund assets under management were $133.6 billion as at september 30, 2016, compared with $133.1 billion at august 31, 2016.  Full Article

IGM Financial Inc announces total assets under management were $139.3 bln at August 31, 2016
Friday, 2 Sep 2016 

IGM Financial Inc : IGM Financial Inc. Announces August 2016 mutual fund sales and total assets under management . Total aum were $139.3 billion at August 31, 2016, compared with $138.5 billion at July 31, 2016 and $133.4 billion at August 31, 2015 .Mutual fund assets under management were $133.1 billion as at August 31, 2016, compared with $132.3 billion at July 31, 2016.  Full Article

IGM Financial reports Q2 earnings per share c$0.72
Thursday, 4 Aug 2016 

IGM Financial Inc : Reports second quarter earnings . Q2 earnings per share view c$0.72 -- Thomson Reuters I/B/E/S . Q2 earnings per share c$0.72 . Total assets under management at June 30, 2016 were $134.7 billion compared to $136.0 billion at June 30, 2015 . Mutual fund assets under management at June 30, 2016 were $128.7 billion compared to $129.7 billion at June 30, 2015. . Revenues for three months ended June 30, 2016 were $744.3 million compared to $763.2 million a year ago .Total assets under management at June 30, 2016 were $134.7 billion compared to $136.0 billion at June 30, 2015.  Full Article

IGM Financial reports June 2016 mutual fund sales and total assets under management
Wednesday, 6 Jul 2016 

IGM Financial Inc : Announces June 2016 mutual fund sales and total assets under management . Mutual fund assets under management were $128.7 billion as at June 30, 2016, compared with $129.8 billion at May 31, 2016 .Total assets under management were $134.7 billion at June 30, 2016, compared with $135.1 billion at May 31, 2016.  Full Article

IGM Financial closed $50 mln investment in Personal Capital Corp
Thursday, 19 May 2016 

Igm Financial Inc : Igm financial inc. Invests in market-leading u.s. Digital wealth advisor personal capital . Has closed a $50 million investment in personal capital corporation . Investment with an agreement to invest an additional $25 million in next year for a total of $75 million .Agreement would result in an initial 10% ownership stake increasing to 15% within 12 months.  Full Article

IGM Financial reports qtrly earnings per share of C$0.69
Friday, 6 May 2016 

: IGM Financial Inc. Reports first quarter earnings . Q1 earnings per share C$0.69 .Q1 earnings per share view C$0.72 -- Thomson Reuters I/B/E/S.  Full Article