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Manulife Financial Corp (MFC.TO)

MFC.TO on Toronto Stock Exchange

24.16CAD
13 Sep 2019
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Latest Key Developments (Source: Significant Developments)

Manulife Financial Corp Declades Quarterly Dividend Of $0.25 Per Share
Thursday, 8 Aug 2019 

Aug 7 (Reuters) - Manulife Financial Corp ::MANULIFE FINANCIAL CORP - BOARD ANNOUNCED A QUARTERLY SHAREHOLDERS' DIVIDEND OF $0.25 PER SHARE ON COMMON SHARES OF MANULIFE FINANCIAL CORPORATION.  Full Article

Manulife Announces Election Of Directors
Friday, 3 May 2019 

May 2 (Reuters) - Manulife Financial Corp ::MANULIFE ANNOUNCES ELECTION OF DIRECTORS.MANULIFE FINANCIAL CORP - NOMINEES LISTED IN MANAGEMENT INFORMATION CIRCULAR DATED MARCH 6, 2019 WERE EACH ELECTED AS A DIRECTOR AT ANNUAL MEETING.  Full Article

Duke Energy To Sell Minority Interest In Its Commercial Renewable Energy Portfolio To John Hancock
Thursday, 25 Apr 2019 

April 24 (Reuters) - Duke Energy Corp ::DUKE ENERGY ENTERS INTO DEFINITIVE AGREEMENT TO SELL MINORITY INTEREST IN ITS COMMERCIAL RENEWABLE ENERGY PORTFOLIO TO JOHN HANCOCK.DUKE ENERGY CORP - DEAL FOR APPROXIMATELY $1.25 BILLION.DUKE ENERGY CORP - TOTAL ENTERPRISE VALUE OF THIS PORTION OF DUKE ENERGY'S COMMERCIAL RENEWABLE ENERGY PORTFOLIO IS APPROXIMATELY $1.25 BILLION.DUKE ENERGY CORP - TOTAL ENTERPRISE VALUE OF THIS PORTION OF DUKE ENERGY'S COMMERCIAL RENEWABLE ENERGY PORTFOLIO IS APPROXIMATELY $1.25 BILLION.DUKE ENERGY CORP - SALE WILL RESULT IN PRE-TAX PROCEEDS TO DUKE ENERGY OF $415 MILLION..DUKE ENERGY CORP - JOHN HANCOCK WILL ALSO HAVE RIGHT TO ACQUIRE A MINORITY INTEREST IN CERTAIN ADDITIONAL WIND AND SOLAR PROJECTS IN FUTURE.  Full Article

Manulife Provides Statement In Connection With "Favourable" Saskatchewan Court Ruling In Mosten Investment Lp Case
Monday, 18 Mar 2019 

March 18 (Reuters) - Manulife Financial Corp ::MANULIFE STATEMENT ON DECISION IN MOSTEN LITIGATION.MANULIFE FINANCIAL CORP - PROVIDES STATEMENT IN CONNECTION WITH "FAVOURABLE" SASKATCHEWAN COURT RULING IN MOSTEN INVESTMENT LP CASE.  Full Article

Manulife Announces Automatic Share Repurchase Plan
Friday, 16 Nov 2018 

Nov 16 (Reuters) - Manulife Financial Corp ::MANULIFE ANNOUNCES AUTOMATIC SHARE REPURCHASE PLAN.MANULIFE FINANCIAL - DESIGNATED BROKER WILL REPURCHASE COMMON SHARES PURSUANT TO PREVIOUSLY ANNOUNCED NORMAL COURSE ISSUER BID.  Full Article

John Hancock announces leadership transitions at retirement plan services
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Manulife Financial Corp ::JOHN HANCOCK ANNOUNCES LEADERSHIP TRANSITIONS AT RETIREMENT PLAN SERVICES.JOHN HANCOCK SAYS GARY TANKERSLEY HAS BEEN PROMOTED TO HEAD OF SALES AND DISTRIBUTION FOR JOHN HANCOCK RETIREMENT PLAN SERVICES.JOHN HANCOCK SAYS GEORGE REVOIR, SENIOR VICE PRESIDENT, NATIONAL ACCOUNTS & DISTRIBUTION, WILL RETIRE FROM JHRPS IN DEC.  Full Article

Manulife Financial Corp Announces Preferred Share Issue
Monday, 12 Feb 2018 

Feb 12 (Reuters) - Manulife Financial Corp ::MANULIFE FINANCIAL CORPORATION ANNOUNCES PREFERRED SHARE ISSUE.MANULIFE FINANCIAL CORP - WILL ISSUE 10 MILLION SERIES 25 PREFERRED SHARES PRICED AT $25 PER SHARE TO RAISE GROSS PROCEEDS OF $250 MILLION.  Full Article

Manulife Financial Corp Increases Dividend
Thursday, 8 Feb 2018 

Feb 7 (Reuters) - Manulife Financial Corp ::ORATION INCREASES DIVIDEND.SETS QUARTERLY DIVIDEND OF C$0.22PER SHARE.INCREASED 7% OR 1.5 CENTS PER SHARE TO QUARTERLY SHAREHOLDERS' DIVIDEND.  Full Article

Manulife Reports Qtrly Loss Per Share $0.83‍​
Thursday, 8 Feb 2018 

Feb 7 (Reuters) - Manulife Financial Corp ::MANULIFE REPORTS 2017 NET INCOME OF $2.1 BILLION, CORE EARNINGS OF $4.6 BILLION, STRONG GROWTH IN ASIA AND WEALTH AND ASSET MANAGEMENT AND A DIVIDEND INCREASE OF 7%.ACHIEVED INSURANCE SALES OF $1.0 BILLION IN 4Q17, A DECREASE OF 3% COMPARED WITH 4Q16‍​.QTRLY LOSS PER SHARE $0.83‍​.REPORTED OTHER WEALTH SALES OF $2.1 BILLION IN 4Q17, AN INCREASE OF 25% COMPARED WITH 4Q16.QTRLY PREMIUMS AND DEPOSITS FROM INSURANCE PRODUCTS $ 8,619 MILLION VERSUS. $8,639 MILLION LAST YEAR.QTRLY CORE EARNINGS PER SHARE $0.59‍​.GENERATED NET FLOWS OF $3.7 BILLION IN WEALTH AND ASSET MANAGEMENT BUSINESSES IN 4Q17 COMPARED WITH $6.1 BILLION IN 4Q16.ASSETS UNDER MANAGEMENT AND ADMINISTRATION AT QUARTER END $1,040 BILLION VERSUS $1,006 BILLION AT Q3 END.QTRLY CORE ROE WAS 12.1% COMPARED WITH 12.9% FOR 4Q16‍​.Q4 EARNINGS PER SHARE VIEW C$0.58 -- THOMSON REUTERS I/B/E/S.MANULIFE FINANCIAL - 2017 NET INCOME ATTRIBUTED TO SHAREHOLDERS INCLUDED A $2.8 BILLION POST-TAX CHARGE RELATED TO U.S. TAX REFORM AMONG OTHER THINGS.  Full Article

Manulife says U.S. Tax Reform is Expected to Result in $1.9 Bln Charge in Q4
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - Manulife Financial Corp ::MANULIFE ANNOUNCES PORTFOLIO ASSET MIX CHANGES TO FREE UP CAPITAL, REDUCE RISK AND LOWER VOLATILITY IN ITS LEGACY BLOCKS, AND UPDATES ITS U.S. TAX REFORM GUIDANCE.U.S. TAX REFORM IS EXPECTED TO RESULT IN AN ESTIMATED $1.9 BILLION CHARGE IN Q4.DECISION TO CHANGE PORTFOLIO ASSET MIX EXPECTED TO RESULT IN CHARGE TO NET INCOME OF $0.50 PER SHARE IN Q4 .PORTFOLIO ASSET MIX CHANGES ARE EXPECTED TO RESULT IN AN ESTIMATED $1 BILLION CHARGE IN Q4.U.S. TAX REFORM IS EXPECTED TO BENEFIT ANNUAL EARNINGS BY APPROXIMATELY $250 MILLION BEGINNING IN 2018.PORTFOLIO ASSET MIX CHANGES EXPECTED TO FREE UP $2 BILLION OF CAPITAL OVER NEXT 12-18 MONTHS.PORTFOLIO ASSET MIX CHANGES WILL NEGATIVELY IMPACT CORE EARNINGS IN SHORT-TERM BY ABOUT $50 MILLION-$60 MILLION/YEAR AFTER-TAX.  Full Article

UPDATE 2-Manulife profit beats on strength in Asia unit

Aug 7 Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest.