Group 1 - Manulife Financial Corporation has initiated an automatic share repurchase plan to buy back its common shares under a previously announced normal course issuer bid (NCIB) [1] - The actual number of shares repurchased, timing, and price will be influenced by future market conditions [1] - The automatic plan allows for share repurchases even during internal trading blackout periods and in compliance with insider trading rules [1] Group 2 - Manulife is a leading international financial services provider, operating under the name Manulife in Canada, Asia, and Europe, and as John Hancock in the United States [4] - The company had over 37,000 employees and served more than 36 million customers as of the end of 2024 [4] - Manulife trades as 'MFC' on multiple stock exchanges, including Toronto, New York, and the Philippines, and as '945' in Hong Kong [4]
Manulife announces Automatic Share Repurchase Plan