01:41 PM EDT, 05/07/2025 (MT Newswires) -- iA Financial Group (IAG.TO) on Wednesday cautioned investors of an unsolicited mini-tender offer made by Ocehan LLC to buy up to 50,000 iA shares, or around 0.05% of the shares outstanding, for an aggregate purchase price of less than $5 million.

The company said that the unsolicited offer price of $93.30 per share represents a discount of about 29.84% to the closing price of its shares on the Toronto Stock Exchange on May 6.

"iA Financial Group is not associated with Ocehan and does not recommend or endorse in any way the acceptance of this restricted tender offer," said the company.

The company shares were last seen up $1.97 to $134.96 on the Toronto Stock Exchange.

Price: 134.87, Change: +1.88, Percent Change: +1.41