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CIBC Asset Management Raises Stake in Trisura Group to About 10%
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CIBC Asset Management Raises Stake in Trisura Group to About 10%
Oct 23, 2025 1:38 PM

04:27 PM EDT, 10/23/2025 (MT Newswires) -- Canadian Imperial Bank Of Commerce's ( CM ) CIBC Asset Management unit said Thursday afternoon it increased its stake in specialty insurer Trisura Group ( TRRSF ) to about 10%.

The company filed an early warning report on SEDAR+ regarding its holdings in Trisura Group ( TRRSF ), disclosing that CIBC Asset Management, acting on behalf of its managed investment funds and client accounts, acquired additional shares of Trisura ( TRRSF ) in July 2025.

During the month, the CIBC unit purchased 93,530 shares at prices between $43.03 and $44.66 on the Toronto Stock Exchange. Following these acquisitions, it exercised control or direction over nearly 4.8-million shares, representing about 10.04% of Trisura's ( TRRSF ) outstanding shares, up from 9.85% previously, according to the statement.

Trisura ( TRRSF ) shares closed up $0.35 to $38.80 on the Toronto Stock Exchange.

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