Great-West Lifeco Inc.'s Non-Cumulative First Preferred Shares, Series 24, resumed trading on the Toronto Stock Exchange at 9:30 AM ET on June 22, 2026, under the symbol GWO.PF.A. The Canadian Investment Regulatory Organization (CIRO) lifted the temporary suspension to ensure a fair and orderly market. The resumption follows the company's bought deal offering of 6,000,000 shares at C$25.00 per share, yielding aggregate gross proceeds of C$150 million.

The Series 24 Shares offer a dividend yield of 5.70% per annum, payable quarterly when declared by the Great West Board of Directors. The underwriters, led by BMO Capital Markets, RBC Capital Markets, and Scotiabank, hold an option to purchase up to an additional 2,000,000 shares. If exercised in full, the total gross proceeds will rise to C$200 million. The transaction closed on June 22, 2026, with net proceeds allocated for general corporate purposes.

Offering Details

The shares were offered in Canada via a prospectus supplement to Great West's short form base shelf prospectus dated December 23, 2025. The Series 24 Shares have not been registered under the U.S. Securities Act of 1933 and are not available for offer or sale in the United States absent registration or an exemption.

Great West is a financial services holding company operating under the brands Empower, Canada Life, and Irish Life. As of March 31, 2026, the company's total client assets were $3.3 trillion. Great West trades on the Toronto Stock Exchange under the ticker symbol GWO.