FFH.PR.C / FFH.PR.D Conversion Results Known, Maybe

Fairfax can’t be bothered to issue a press release or otherwise indicate on their website just what the results of the recent conversion option were, but there is information available on TMXMoney, maybe.

According to the TMX Money page for FFH.PR.D (the FloatingReset), there are 3,983,616 shares outstanding. They are still reporting 10-million FFH.PR.C outstanding, which was the amount outstanding prior to conversion, but we’ll just assume that, well, you know, Toronto Stock Exchange.

So that’s a conversion rate of about 40%. In my post just before the decision deadline, I recommended conversion.

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