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iA Financial Group Announces an Amendment to its Normal Course Issuer Bid

Newswire.ca - Thu May 9, 7:00AM CDT

QUEBEC CITY, May 9, 2024 /CNW/ - With the approval of the Toronto Stock Exchange ("TSX") and the Autorité des marchés financiers, the board of directors of iA Financial Corporation Inc. (TSX: IAG) ("iA Financial Group" or the "Corporation") has authorized the Corporation to amend the normal course issuer bid ("NCIB") announced previously. The amendment increases the maximum number of common shares that may be purchased for cancellation under the NCIB from 5,046,835 shares representing approximately 5% of the Corporation's 100,936,705 issued and outstanding common shares as at October 31, 2023 to 8,074,936 common shares, representing approximately 8.01% of the 100,795,937 common shares that constituted the Corporation's "public float" as at October 31, 2023. No other terms of the NCIB have been amended.

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