On March 25, 2024, the company announced an increase in its equity buyback plan. The company increased its authorization by an additional amount of 40,000,000 shares, representing 2.23% of its capital thereby increasing the total plan term number of shares authorization to 90,000,000 shares, representing 5% of its share capital. As of February 29, 2024, the company had 1,805,798,064 common shares issued and outstanding.
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- Manulife Financial Corporation announces an Increase in Equity Buyback.