Power Corporation of Canada announced on September 22, 2025, the closing of its offering of 8,000,000 5.75 percent Non-Cumulative First Preferred Shares, Series H, at $25.00 per share, for gross proceeds of $200 million. The shares are listed and posted for trading on the Toronto Stock Exchange under the symbol "POW.PR.H." The offering was led by a syndicate of underwriters including BMO Capital Markets, RBC Capital Markets, Scotiabank, CIBC World Markets, National Bank Financial, TD Securities, Desjardins Securities, and Casgrain & Company. The underwriters’ fee was $6 million, and estimated expenses were $1 million, resulting in net proceeds of approximately $193 million to Power Corporation. Net proceeds from the offering will be used for general corporate purposes.

Holders of the Series H shares are entitled to fixed, non-cumulative cash dividends of $1.4375 per share per year, if declared by the Board. The initial dividend, if declared, will be $0.45291 per share, payable on January 15, 2026. Subsequent quarterly dividends of $0.359375 per share will be paid on January 15, April 15, July 15, and October 15.

Legal counsel for Power was Blake, Cassels & Graydon LLP, while Norton Rose Fulbright Canada LLP represented the underwriters.