Company intends to buy 2.5% each of outstanding Series D and Series E Preferred Shares
Net income, earnings grown by varying degrees
Deal will add 300,000 participants and US$7.5 billion in plan assets
Transaction continues expansion of Canada Life in UK
Company sees solid operating results in all major business segments
Preferred shares carry 4.5% annual dividend
Agency credits successful integration with Canada Life
Hurricane charge curbs earnings growth
Outlook revised to stable
Insurer raises dividend