Sun Life Financial Inc. today announced a share-selling program in Canada and the U.S. that enables shareholders who owned 99 or fewer common shares of Sun Life to sell their shares without incurring brokerage commissions.

Sun Life said the voluntary program is open to qualified shareholders of record as of Jan.16. The program begins immediately and expires April 15. Material providing details about the program and how shares can be tendered will be forwarded to eligible shareholders.

Sun Life Financial has retained CIBC Mellon Trust Co. to manage the program.