Manulife announces Automatic Share Repurchase Plan
Portfolio Pulse from
Manulife Financial Corporation has announced an automatic share repurchase plan under its normal course issuer bid, allowing a designated broker to repurchase common shares based on market conditions.
February 24, 2025 | 1:30 pm
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Manulife Financial Corporation has initiated an automatic share repurchase plan, which could positively impact its stock price by reducing the number of shares available in the market, potentially increasing earnings per share.
The automatic share repurchase plan is likely to reduce the number of shares available in the market, which can lead to an increase in the stock price due to higher earnings per share. This action is directly related to Manulife's equity actions and is significant for investors.
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IMPORTANCE 80
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