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Great-West Lifeco Inc.

12:03 PM EST - Great-West Lifeco Inc. : Announced the terms of its previously announced substantial issuer bid (the Offer) to repurchase for cancellation up to $2.0 billion of its common shares (the Shares) from shareholders for cash. The Offer will commence today and expire on April 12, unless extended or withdrawn. Great-West Lifeco Inc. shares T.GWO are trading up $0.13 at $30.90.