On February 19, 2025, Manulife Announced Normal Course Issuer Bid Permitting The Purchase For Cancellation Of Up To 51.5M Of Its Common Shares, Representing ~3% Of Manulife's Issued And Outstanding Common Shares
Benzinga Newsdesk 1 year ago
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Manulife Financial Corporation ("Manulife") announced today that it intends to launch a Normal Course Issuer Bid ("NCIB") permitting the purchase for cancellation of up to 51.5 million of its common shares,
Manulife Financial Corporation ("Manulife") announced today that it intends to launch a Normal Course Issuer Bid ("NCIB") permitting the purchase for cancellation of up to 51.5 million of its common shares, representing approximately 3% of Manulife's issued and outstanding common shares. As at February 12, 2025, Manulife had 1,723,281,035 common shares issued and outstanding. Manulife has received approval for the NCIB from the Office of the Superintendent of Financial Institutions Canada and from the Toronto Stock Exchange ("TSX").
