Sagicor Q4 2020 Business Overview and Growth Strategy
Sagicor S
Share repurchases
Sagicor Financial Company Ltd.
is a publicly traded company on
the Toronto Stock Exchange
2020 Market Cap
~C$940 million
~US$740 million
Ticker: SFC
Effective September 2020, Sagicor expanded its share buyback
program (Normal Course Issuer Bid) launched in June
Sagicor can now repurchase up to 8,000,000 of its common shares
outstanding
Sagicor repurchased 354,500 shares in Q4 2020
Sagicor purchased 2,942,500 million shares in the open market for
cancellation for an aggregate purchase price of approximately US$13.1
million during 2020
146.4 million shares outstanding, of which approximately 44% held by
anchor shareholders with board representation
2020 Share Price
High
C$9.75
Please visit Sagicor.com
Low
Close
C$4.88
C$6.40
for share price information, news releases, and more
Note: Number of shares outstanding includes 3.2 million shares that will be cancelled if shares do not trade above C$12 by December
2024 and 3.2 million shares that will be cancelled if book value does not surpass approximately $1.26 billion by December 2024
Q4 2020 (21)View entire presentation