iA Financial Group Redeems its Non Cumulative 5-Year Rate Reset Class A Preferred Shares Series I

QUEBEC CITY, March 31, 2023 /CNW/ - Industrial Alliance Insurance and Financial Services Inc. ("iA Insurance") announces that it has completed today the redemption of all of its issued and outstanding Non–Cumulative 5–Year Rate Reset Class A Preferred Shares Series I (the "Series I Preferred Shares"). iA Insurance has paid to the holders of the Series I Preferred Shares the redemption price of $25 less any taxes required to be withheld or deducted.

iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).

ia.ca

iA Financial Group is a tradename under which iA Financial Corporation Inc. operates and a trademark of Industrial Alliance Insurance and Financial Services Inc. used under license.

SOURCE iA Financial Group