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    GWO   CA39138C1068

GREAT-WEST LIFECO INC.

(GWO)
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Delayed Toronto Stock Exchange  -  04:15 2022-06-24 pm EDT
31.14 CAD   +1.90%
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Great-West Lifeco to hold annual meeting of shareholders and release first quarter 2022 results

04/25/2022 | 05:01pm EDT

TSX:GWO

WINNIPEG, MB, April 25, 2022 /CNW/ - Great-West Lifeco will release first quarter 2022 financial results after markets close on Wednesday, May 4, 2022. The company and its subsidiary The Canada Life Assurance Company (Canada Life) will hold concurrent virtual annual meetings the next morning and discuss Q1 2022 results in an afternoon conference call.

Annual Meetings
The Great-West Lifeco and Canada Life annual meetings will be held virtually by way of live webcast on Thursday, May 5 at 11:00 am ET. Details on how to participate electronically in the meetings can be found in the Virtual Meeting User Guides which are available on greatwestlifeco.com and canadalife.com.

First Quarter 2022 Financial Results
Great-West Lifeco's first quarter financial results will be discussed in a conference call hosted by company management at 2:30 p.m. CT / 3:30 p.m. ET on May 5, 2022. The live webcast and presentation materials will be available at greatwestlifeco.com/news-events/events.

To listen via telephone dial 416-915-3239 (Toronto) or 1-800-319-4610 (Canada/U.S toll-free).

A replay of the call will be available until June 5, 2022 and can be accessed by calling 1-855-669-9658
or 604-674-8052 (Vancouver) using the access code 8893. An archive will also be available at greatwestlifeco.com following the event. 

About Great-West Lifeco Inc.
Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in Canada, the United States and Europe under the brands Canada Life, Empower, Putnam Investments, and Irish Life. At the end of 2021, our companies had approximately 28,000 employees, 215,000 advisor relationships, and thousands of distribution partners – all serving over 33 million customer relationships across these regions. Great-West Lifeco trades on the Toronto (TSX) Stock Exchange under the ticker symbol GWO and is a member of the Power Corporation group of companies. To learn more, visit greatwestlifeco.com. 

SOURCE Great-West Lifeco Inc.

© Canada Newswire, source Canada Newswire English

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Analyst Recommendations on GREAT-WEST LIFECO INC.
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Financials
Sales 2022 222 B 172 B 172 B
Net income 2022 3 235 M 2 505 M 2 505 M
Net Debt 2022 - - -
P/E ratio 2022 8,87x
Yield 2022 6,31%
Capitalization 29 015 M 22 463 M 22 463 M
Capi. / Sales 2022 0,13x
Capi. / Sales 2023 0,12x
Nbr of Employees 28 000
Free-Float 26,3%
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Mean consensus HOLD
Number of Analysts 10
Last Close Price 31,14 CAD
Average target price 38,90 CAD
Spread / Average Target 24,9%
EPS Revisions
Managers and Directors
Paul Anthony Mahon Co-President, Chief Executive Officer & Director
Jeffrey F. Macoun Co-President & Chief Operating Officer
Garry MacNicholas Chief Financial Officer & Executive Vice President
Robert Jeffrey Orr Chairman
Steven Michael Rullo Global Chief Information Officer & Executive VP
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