C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 22, 2024 /CNW/ - Manulife Investment Management today announced the November 2024 cash distributions for Manulife Exchange Traded Funds (ETFs) and Manulife ETF series that distribute monthly. Unitholders of record at the close of business on November 29, 2024, will receive cash distributions payable on December 13, 2024.
Details of the distribution per unit amounts are as follows:
BOSTON, Nov. 21, 2024 /PRNewswire/ - Today, John Hancock announced it is now offering the latest Apple Watch models to eligible life insurance customers participating in the John Hancock Vitality Program, which rewards customers for the everyday things they do to live longer, healthier, better lives. Beginning this November, John Hancock Vitality PLUS members can earn Apple Watch Series 10, or Apple Watch SE, for as little as $25, plus tax, by staying active. They can also choose an Apple Watch Ultra 2 for an additional upgrade fee.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 20, 2024 /CNW/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) and Non-cumulative Floating Rate Class 1 Shares Series 18 (the "Series 18 Preferred Shares").
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) and Non-cumulative Floating Rate Class 1 Shares Series 18 (the "Series 18 Preferred Shares").
Transacting on a younger LTC block further validates LTC reserves and assumptionsAnother milestone transaction that optimizes our portfolio$0.8 billion capital release will be returned to shareholders via share buybacksConference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated
TORONTO, Nov. 20, 2024 /CNW/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care ("LTC") reserves.
Transacting on a younger LTC block further validates LTC reserves and assumptionsAnother milestone transaction that optimizes our portfolio$0.8 billion capital release will be returned to shareholders via share buybacksConference call to be held Thursday, November 21, 2024, at 8:00 a.m. ET; details below
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated
TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") announced today that it has entered into a $5.4 billion1 reinsurance agreement with Reinsurance Group of America ("RGA"), including $2.4 billion of long-term care ("LTC") reserves.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
Board names Phil Witherington, Manulife Asia CEO, as Successor
TORONTO, Nov. 18, 2024 /PRNewswire/ - Manulife Financial Corporation's (MFC) Board today announced that President and Chief Executive Officer Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time. To support this transition, following Mr. Gori's retirement he has agreed to serve as an Advisor through August 31, 2025.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
Board names Phil Witherington, Manulife Asia CEO, as Successor
TORONTO, Nov. 18, 2024 /CNW/ - Manulife Financial Corporation's (MFC) Board today announced that President and Chief Executive Officer Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time. To support this transition, following Mr. Gori's retirement he has agreed to serve as an Advisor through August 31, 2025.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
New offerings reinforce Manulife's commitment to helping Canadians protect what matters most to them while preserving a lasting legacy.
TORONTO, Nov. 12, 2024 /CNW/ - Manulife Canada, the country's largest insurance company, today announced the launch of two innovative products designed to meet the diverse needs of Canadians and their families: the 75/100 Segregated Fund Series and Manulife Guaranteed Issue Life.
TORONTO, Nov. 8, 2024 /PRNewswire/ - Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities. In this new role, Charlie will oversee and align our Asia ex-Japan and emerging market equity capabilities, ensuring we leverage local resources and insights across the organization.
TORONTO, Nov. 8, 2024 /CNW/ - Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities. In this new role, Charlie will oversee and align our Asia ex-Japan and emerging market equity capabilities, ensuring we leverage local resources and insights across the organization.
LONDON, Nov. 8, 2024 /PRNewswire/ -- Manulife Investment Management today announced enhancement to its equity organization in leveraging expertise across its Asia and Emerging Markets teams to improve investment experience for its clients. Charlie Dutton, an equity investment leader with substantial experience in Asia, is named to the newly created role of Chief Investment Officer, Global Emerging Market Equities. In this new role, Charlie will oversee and align our Asia ex-Japan and emerging market equity capabilities, ensuring we leverage local resources and insights across the organization.
C$ unless otherwise stated
TORONTO, Nov. 7, 2024 /CNW/ - Manulife Investment Management announced today it was recognized, for the twelfth consecutive year, by the 2024 LSEG Lipper Fund Awards, winning three LSEG Lipper Fund Awards, one LSEG Lipper ETF Award and one LSEG Lipper ETF Group Award in the following classifications.
LSEG Lipper Fund Awards Canada 2024 Winner, Manulife Fundamental Balanced Class – Series FT6, Best Canadian Equity Balanced Fund Over 10 Years. This fund is managed by Manulife Fundamental Equity Team.LSEG Lipper Fund Awards Canada 2024 Winner, Manulife Fundamental Equity Fund – Series FT6, Best Canadian Focused Equity Fund Over 10 Years. This fund is also managed by the Manulife Fundamental Equity Team.LSEG Lipper Fund Awards Canada 2024 Winner, Manulife Tactical Income Fund – Series F, Best Tactical Balanced Fund Over 3 Years. This fund is also managed by the Manulife Fundamental Equity Team.LSEG Lipper ETF Awards Canada 2024 Winner, Manulife Multifactor Developed International Index ETF – Hedged Units (MINT), Best International Equity ETF Over 5 years. This fund is managed by our subadvisor Dimensional Fund Advisors Canada ULC, a pioneer of multifactor investing.LSEG Lipper ETF Group Awards Winner Canada 2024, Best Bond ETF Group Over Three Years. This group award was based on risk-adjusted performance for the following Manulife ETFs managed by Manulife Investment Management:Manulife Smart Short-Term Bond ETF | TERMManulife Smart Core Bond ETF | BSKTManulife Smart Corporate Bond ETF | CBND
TORONTO, Nov. 7, 2024 /CNW/ - For the tenth consecutive year, Manulife has planted more than 12,000 Canadian flags on the front lawn of its global headquarters to recognize and pay tribute to members of the Canadian Armed Forces (CAF) ahead of Remembrance Day. Each flag represents ten military personnel who have lost their lives in wartime or peacekeeping missions.
The attached video and photos are available for media use.
Manulife will be hosting a service of remembrance for colleagues on November 8, 2024 at 10:30 a.m. Media are welcome to attend. RSVP required.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 6, 2024 /CNW/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19, 2024, to shareholders of record at the close of business on November 20, 2024:
Class A Shares Series 2 - $0.29063 per shareClass A Shares Series 3 - $0.28125 per shareClass 1 Shares Series 3 - $0.14675 per shareClass 1 Shares Series 4 - $0.353590 per shareClass 1 Shares Series 9 - $0.373625 per shareClass 1 Shares Series 11 - $0.384938 per shareClass 1 Shares Series 13 - $0.396875 per shareClass 1 Shares Series 15 - $0.360938 per shareClass 1 Shares Series 17 - $0.2375 per shareClass 1 Shares Series 19 - $0.229688 per shareClass 1 Shares Series 25 - $0.371375 per share
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19, 2024, to shareholders of record at the close of business on November 20, 2024:
Class A Shares Series 2 - $0.29063 per shareClass A Shares Series 3 - $0.28125 per shareClass 1 Shares Series 3 - $0.14675 per shareClass 1 Shares Series 4 - $0.353590 per shareClass 1 Shares Series 9 - $0.373625 per shareClass 1 Shares Series 11 - $0.384938 per shareClass 1 Shares Series 13 - $0.396875 per shareClass 1 Shares Series 15 - $0.360938 per shareClass 1 Shares Series 17 - $0.2375 per shareClass 1 Shares Series 19 - $0.229688 per shareClass 1 Shares Series 25 - $0.371375 per share
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 6, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.40 per share on the common shares of Manulife, payable on and after December 19, 2024, to shareholders of record at the close of business on November 20, 2024.
In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common shares on the open market in connection with the reinvestment of dividends and optional cash purchases under these plans. The purchase price of these common shares will be based on the average of the actual cost to purchase them and there are no applicable discounts.
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 6, 2024 /CNW/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.40 per share on the common shares of Manulife, payable on and after December 19, 2024, to shareholders of record at the close of business on November 20, 2024.
In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common shares on the open market in connection with the reinvestment of dividends and optional cash purchases under these plans. The purchase price of these common shares will be based on the average of the actual cost to purchase them and there are no applicable discounts.
TSX/NYSE/PSE: MFC SEHK: 945C$ unless otherwise stated
TORONTO, Nov. 6, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results1.
Key highlights for the third quarter of 2024 ("3Q24") include:
Core earnings2 of $1.8 billion, up 4% on a constant exchange rate basis3 from the third quarter of 2023 ("3Q23")Net income attributed to shareholders of $1.8 billion, up $0.8 billion from 3Q23Core EPS4 of $1.00, up 7%3 from 3Q23. EPS of $1.00, up 91%3 from 3Q23Excluding the impact of Global Minimum Taxes ("GMT")5, core EPS4 was $1.03, up 11%3 from 3Q23Core ROE4 of 16.6% and ROE of 16.6%LICAT ratio6 of 137%APE sales up 40%7, new business CSM up 47%3 and new business value ("NBV") up 39%7 from 3Q238Global Wealth and Asset Management net inflows7 of $5.2 billion, up from net outflows of $0.8 billion in 3Q23TSX/NYSE/PSE: MFC SEHK: 945C$ unless otherwise stated
TORONTO, Nov. 6, 2024 /CNW/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its third quarter results for the period ended September 30, 2024, delivering record core earnings and insurance new business results1.
Key highlights for the third quarter of 2024 ("3Q24") include:
Core earnings2 of $1.8 billion, up 4% on a constant exchange rate basis3 from the third quarter of 2023 ("3Q23")Net income attributed to shareholders of $1.8 billion, up $0.8 billion from 3Q23Core EPS4 of $1.00, up 7%3 from 3Q23. EPS of $1.00, up 91%3 from 3Q23Excluding the impact of Global Minimum Taxes ("GMT")5, core EPS4 was $1.03, up 11%3 from 3Q23Core ROE4 of 16.6% and ROE of 16.6%LICAT ratio6 of 137%APE sales up 40%7, new business CSM up 47%3 and new business value ("NBV") up 39%7 from 3Q238Global Wealth and Asset Management net inflows7 of $5.2 billion, up from net outflows of $0.8 billion in 3Q23The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.
RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.
Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.
On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.