Manulife Financial - S announces plans to launch the "Regular Issuer Offer" program

K-LinePoet · 2026-02-12T00:35:55+00:00

Manulife Financial - S(00945) plans to launch a "Regular Issuer Bid" program, pending approval from the Toronto Stock Exchange, allowing the repurchase of up to 42 million common shares, approximately 2.5% of the issued and outstanding shares. This move aims to enhance capital management and create value for shareholders.

K-LinePoet

2026-02-12 00:35:55

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Manulife Financial-S (00945) announced plans to initiate a “Regular Issuer Offer” program, subject to approval by the Toronto Stock Exchange. The program will allow Manulife to repurchase and cancel up to 42 million common shares, representing approximately 2.5% of Manulife’s issued and outstanding common shares. The Office of the Superintendent of Financial Institutions of Canada has approved this “Regular Issuer Offer” program. As of January 31, 2026, Manulife has issued and outstanding 1.6767 billion common shares.

Through the “Regular Issuer Offer” program, Manulife can flexibly repurchase common shares as part of its capital management strategy. This strategy aims to maintain a prudent regulatory capital ratio while also creating value for shareholders.

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