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Canadian Tender Offer: E-L Financial Corporation Limited (ELF)

Tender Offers - Canada No Comments
  • Filing date: 09 Nov 2020
  • Price at close: $704.00
  • Paid up capital per share (for tax purposes): Approx. $18
  • Lower limit price: $650.00
  • Upper limit price: $750.00
  • Maximum pre tax profit: $4,554.00
  • Expiration date: 16 Dec 2020
  • Filing: Link

Canadian tender offer proceeds are subject to Canadian dividend taxes. Non-Canada resident investors are unlikely to profit from this transaction due to 25% (tax treaty dependent) withholding taxes on proceeds taxed as dividends.

All investors should ensure they understand the tax implications detailed in the filing and consult a professional tax specialist if required before participating.

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© 2025 · OddLotArbitrage.com. All rights reserved.
All information is provided "as-is" and does not constitute an investment recommendation or advice. We encourage everyone to do their own due diligence and review of the filings listed.
The site owners may have positions in any stocks whose filings are documented here.

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