News & Videos - FAIRFAX FINANCIAL HLDGS FRFHF

TORONTO, April 05, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, due to the COVID-19 pandemic, its April 15 annual meeting will be held virtually, commencing at 9:30 a.m. Eastern Time, with a video webcast of the formal annual meeting and a presentation by Prem Watsa, Fairfax’s Chairman and CEO, followed by a Q&A session. Following are instructions on how to access this webcast and to submit questions in advance for the Q&A....

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of US$600 million in aggregate principal amount of 3.375% Senior Notes due 2031 (the “Notes”). In connection with the closing of the offering, Fairfax entered into a customary registration rights agreement. Fairfax intends to use the net proceeds from the offering to repay outstanding debt of Fairfax and its subsidiaries, which...

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares: Series of Preferred Shares Dividend (C$) Payment Date Record Date Series C 0.294313 March 31, 2021 March 15, 2021 Series D 0.20090 March 30, 2021 Series E 0.198938 March 31, 2021 Series F 0.13987 March 30, 2021 Series G 0.185125 March 31, 2021 Series H 0.16453 March 30, 2021 Series I...

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has priced a private offering of US$600,000,000 of Fairfax’s Senior Notes due 2031 (the “Notes”) at an issue price of 99.865%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 3.375% per annum. Fairfax also intends to enter into a registration rights agreement in connection with the offering. Fairfax intends to use...

Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, March 01, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) has completed its previously announced offering of C$850 million in aggregate principal amount of 3.95% Senior Notes due 2031 (the “Offering”). The Senior Notes were offered through a syndicate of underwriters led by Scotiabank, BMO Capital Markets, and RBC Capital Markets, as joint...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, on March 28, 2021, it is redeeming all of its outstanding 5.84% senior notes due October 14, 2022 (the “2022 Notes”) at a redemption price of 106.999% of the principal amount of the 2022 Notes plus accrued and unpaid interest, if any. There is C$446 million principal amount of 2022 Notes currently outstanding. Fairfax also announces that, on March 28, 2021, it is...

Not for distribution to U.S. news wire services or for dissemination in the United States. TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it will issue C$850 million in aggregate principal amount of Senior Notes due 2031 (the “Offering”) in a public offering to a syndicate of underwriters led by Scotiabank, BMO Capital Markets, and RBC Capital Markets as joint bookrunners. The Senior Notes will be unsecured...

( Note : All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board except as otherwise noted, and are unaudited.) TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces fiscal year...

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, February 12, 2021 to discuss its 2020 year-end results, which will be announced after the close of markets on Thursday, February 11, 2021 and will be available at that time on its website at www.fairfax.ca . The call, consisting of a presentation by the company followed by a question period, may be accessed at (888) 390-0867 (Canada...

TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U), recognizing the continued global spread of COVID-19, with great regret has once again determined that its April 15 annual meeting will be held virtually, with no personal attendance by shareholders or by its directors and officers or the officers of its subsidiaries and Fairfax group companies, and with none of the related events which are a regular feature of its annual meeting....

TORONTO, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 28, 2021 to shareholders of record on January 21, 2021. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada. Consistent with the practice of prior years, the amount of this dividend was determined taking...

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has determined the fixed dividend rate on its Cumulative 5-Year Rate Reset Preferred Shares, Series I (the “Series I Shares”) (TSX: FFH.PR.I) for the five years commencing January 1, 2021 and ending December 31, 2025. The fixed quarterly dividends on the Series I Shares during that period, if and when declared, will be paid at an annual rate of 3.327%...

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has entered into a binding agreement with CVC Capital Partners (“CVC”) to sell all of its interests in RiverStone Europe to CVC Strategic Opportunities Fund II. OMERS, the pension plan for Ontario’s municipal employees, has also agreed to sell all of its interests in RiverStone Europe as part of the transaction. The purchase price to be received by Fairfax on...

TORONTO and HAMILTON, Bermuda, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) and Allied World Assurance Company Holdings, Ltd (“Allied World”) announce that they have, through their subsidiaries, entered into an agreement with Cornell Capital and Hudson Structured Capital Management Ltd., doing its reinsurance business as HSCM Bermuda, to sell their majority interests in Vault Insurance. Fairfax through Allied World will continue to...

( Note : All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards except as otherwise noted, and are unaudited.) TORONTO, Oct. 29, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces net earnings of $133.7 million ($4.44 net earnings per diluted share after payment of preferred share...

TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has extended its offer (the “Exchange Offer”) to exchange up to US$650,000,000 in aggregate principal amount of its 4.625% Senior Notes due 2030 (the “Old Notes”) for an equivalent amount of its 4.625% Senior Notes due 2030 registered under the United States Securities Act of 1933, as amended (the “Exchange Notes”). US$650,000,000 in aggregate principal...

TORONTO, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) will hold a conference call at 8:30 a.m. Eastern Time on Friday, October 30, 2020 to discuss its 2020 third quarter results, which will be announced after the close of markets on Thursday, October 29, 2020 and will be available at that time on its website at www.fairfax.ca . The call, consisting of a presentation by the company followed by a question period, may be accessed at (888) 390-0867...

TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that The Right Honourable David Johnston has been appointed as a director of Fairfax. Mr. Johnston previously served as a director of Fairfax and was required to step down from that role in 2010 on his appointment as the Governor General of Canada. Mr. Johnston has held a number of distinguished management and leadership positions in academia and government, including...

TORONTO, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“ Fairfax ”) (TSX: FFH and FFH.U) announces that the Toronto Stock Exchange (the “ TSX ”) has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid (“ NCIB ”) through the facilities of the TSX (or other alternative Canadian trading systems) for its Subordinate Voting Shares and the following series of its Preferred Shares: Cumulative 5-Year Rate Reset Preferred Shares,...

(Note: All dollar amounts in this press release are expressed in U.S. dollars) TORONTO, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH and FFH.U) announces that it has acquired, through its subsidiaries, ownership and control of $330,000,000 aggregate principal amount of 1.75% unsecured subordinated convertible debentures maturing on November 13, 2023 (the “Debentures”) of BlackBerry Limited (“BlackBerry”) representing approximately 90%...