Manulife Financial Corp. announced Thursday that it has successfully completed its previously announced offering of 14 million, 4.1% non-cumulative preferred shares at a price of $25 per share, for an aggregate amount of $350 million.
The preferred shares were issued under a prospectus supplement dated June 12, 2003 to Manulife’s base shelf prospectus dated Oct. 7, 2002.
Shareholders to get $32 per share in cash, a 33% premium relative to the last closing price
RBC still requires the credential in retail branches, FSRA provides date for forthcoming title protection review
Here's how advisors can prevent AI hallucinations, privacy breaches
Witherington will be moving from head of Asia to running the whole company
Regulators cite concerns about high-pressure sales tactics in bank branches
OSC provides investor advocate with $11 million in funding over six years
Price pressures prove stubborn, a sign that inflation's steady decline over the past two years has stalled in recent months
GDP report still showed that the American economy is proving surprisingly durable