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Great-West Lifeco Hosts 2025 Investor Day, Demonstrating how the Company is Driving Growth and Delivering Lasting Value
Great-West Lifeco Hosts 2025 Investor Day, Demonstrating how the Company is Driving Growth and De...
About this update from Great-west Lifeco Inc.
[{"type":"text","content":"\n\n\n\n Great-West Lifeco Hosts 2025 Investor Day, Demonstrating how the Company is Driving Growth and Delivering Lasting Value\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSX:GWO\n \n\n\n\n\n Updates Medium-Term Financial Objectives; increasing Base Return on Equity Objective to 19%+\n \n\n\n\n\n\n WINNIPEG, MB\n \n\n ,\n \n\n April 2, 2025\n \n\n /CNW/ - Great-West Lifeco Inc. (TSX: GWO) (Lifeco or the Company) will host an Investor Day in\n \n Toronto, Ontario\n \n today with the theme\n \n Driving Growth, Delivering Lasting Value.\n \n\n\n\n\n\n\n\n\n\n The event will include a strategic overview of Lifeco's portfolio of businesses and a focused update on each of the Company's business segments. The presentations will highlight how the Company is building and extending its market-leading franchises, delivering lasting value creation for shareholders, and continuing its shift to a more capital efficient mix of businesses.\n \n\n As part of today's event, the Company is updating its medium-term financial objectives, including increasing its Base Return on Equity\n \n 1\n \n objective to 19%+, up from 16-17%, introducing a new objective for Base Capital Generation\n \n 2\n \n of 80%+, and reaffirming its confidence in Base EPS growth\n \n 1\n \n objective of 8-10% and Base Dividend Payout Ratio\n \n 1\n \n objective of 45-55%.\n \n\n \"At Great-West Lifeco, we're driving growth and delivering lasting value for our shareholders. We're doing this with leadership positions in each of our businesses, focused strategies to deliver for our customers, and supported by strong cash and capital generation,\" said\n \n Paul Mahon\n \n , President and Chief Executive Officer, Great-West Life...