Previous Close | 8.30 |
Open | 8.30 |
Bid | 8.50 |
Ask | 12.30 |
Strike | 14.00 |
Expire Date | 2024-06-21 |
Day's Range | 8.30 - 8.30 |
Contract Range | N/A |
Volume | |
Open Interest | 1 |
TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity. The company said Thursday it expects to accelerate buybacks from the $200 million it did in the first quarter to around $600 million per quarter for the rest of the year. The repurchases follow the roughly $5.5 billion in buybacks it has carried out over the past five years. The move comes after a quarter that saw
Manulife (MFC) first-quarter results reflect strong business growth across its insurance businesses and higher fee income in Global WAM, driven by favorable market impact and positive net flows.
TORONTO — Manulife Financial Corp. says first quarter earnings were down from last year because of the effects of a major reinsurance deal. The insurance giant says its net income attributed to shareholders for the quarter ending March 31 was $866 million, down from $1.4 billion in the same quarter last year. It says the results include the $800 million impact from a $13-billion reinsurance deal with Global Atlantic that it says included the largest long-term care reinsurance deal in history. Ma