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Monthly: Two bagger Intact Financial Corporation (IFC.PR.D:CAD22.87) lifts 3% Wednesday March 31, 2021 16:00 EDT

Mar 31, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions


Intact Financial Corporation (TSX:IFC.PR.D), Canada's 59th largest Oil & Gas - Exploration & Production company by market cap, rose for a second month on Wednesday bringing its a two-month rise to CAD2.98 or 15.0%. The preference share price has lifted 62.0c (or 2.8%) in the past month to close at CAD22.87 on Wednesday March 31. Compared with the S&P/TSX 60 Index which rose 44.6 points (or 4.2%) in the month, this represented a relative price change of -1.3%.

The value of CAD1,000 invested one year ago is CAD2,045 [vs CAD1,363 for the S&P/TSX 60 Index], including a capital gain of CAD965 and dividend reinvested of CAD80. The total return to shareholders for 1 year is 1...