AGF Management Limited (AGF) Expects Receipt of Interim Dividend as Shareholder of Smith & Williamson
AGF Management Limited (TSX:AGF-B.TO) expects receipt of an interim dividend of C$4.6 million as shareholder of Smith & Williamson.
The board of Smith & Williamson expects to consider proposals to make a further distribution to shareholders when the position regarding the timing of the completion of the merger between Smith & Williamson and Tilney Group becomes clearer.
The terms of the proposed merger were stated previously in a press release by AGF on September 19, 2019 and a further update was provided in a press release on January 20, 2020.
All Canadian dollar figures assume an exchange rate of 1.72.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF's suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With $39 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
Director, Corporate Communications