Welcome to our dedicated page for Manulife Finl news (Ticker: MFC), a resource for investors and traders seeking the latest updates and insights on Manulife Finl stock.
Manulife Financial Corporation (MFC) delivers insurance, wealth management, and retirement solutions across Canada, Asia, and the United States through its John Hancock division. This news hub provides investors and professionals with timely updates on corporate developments directly affecting market positioning and strategic direction.
Key resources include earnings reports, product innovation announcements, and regulatory filings. Users gain access to verified information about leadership changes, partnership agreements, and sustainability initiatives – all essential for assessing MFC's performance in global financial markets.
Regular updates cover digital transformation progress including AI implementation in customer service, reinsurance transactions, and expansion strategies in Asian markets. Content is curated to help stakeholders monitor operational milestones and industry trends impacting this multinational insurer.
Bookmark this page for streamlined access to MFC's official communications and third-party analyses. Combine frequent checks with portfolio reviews to maintain informed decision-making in dynamic financial markets.
Manulife Investment Management (NYSE:MFC) has successfully closed its third co-investment fund, Manulife Co-Investment Partners III, raising $1.1 billion - significantly exceeding its $750 million target and surpassing its 2021 predecessor fund by over $300 million.
The fund attracted diverse global investors, including pensions, insurance companies, asset managers, financial institutions, and family offices, with Manulife's General Account also making a capital commitment. The strategy leverages Manulife IM's network of over 200 sponsor partners to provide institutional investors direct access to middle market private equity opportunities.
Manulife IM's private equity and credit platform now manages over $28 billion in assets, including primary funds, co-investments, secondaries, and credit investments, as part of its broader private markets platform.
Manulife Financial Corporation (MFC) has announced plans to issue $500 million in subordinated debentures with a maturity date of May 23, 2035. The debentures will feature a fixed interest rate of 3.983% until May 23, 2030, after which it will switch to a floating rate of 1.32% over Daily Compounded CORRA. The offering is being managed by a syndicate co-led by RBC Capital Markets, Scotiabank, and TD Securities, with an expected closing date of May 23, 2025.
Subject to regulatory approval, MFC may redeem the debentures wholly or partially after May 23, 2030 at par value plus accrued interest. The company plans to use the proceeds for general corporate purposes, including subsidiary investments and potential redemption of existing securities.
Manulife Investment Management has announced the formation of Lakefront Fiber, LLC, a joint venture with Midwest Fiber Networks (MWFN). The new entity will focus on providing connectivity solutions for hyperscale, carrier, and municipal customers, leveraging MWFN's established position as a regional fiber developer and operator.
Concurrent with its formation, Lakefront Fiber completed its first transaction, acquiring network assets from Everstream in Illinois. This acquisition adds 650 route miles to its network, enhancing its capability to provide high-capacity fiber connectivity across key Midwest markets.
The partnership represents an expansion of Manulife's digital infrastructure strategy, focusing on critical fiber assets backed by long-term contracts with creditworthy counterparties.Manulife Investment Management (MFC) has appointed Brent McGowan as Global Head and Chief Investment Officer of Agriculture. McGowan, with 30 years of experience in the food and agricultural industry, returns to Manulife IM after previously serving as their Global Head of Agricultural Operations. He most recently held the position of Chief Operating Officer at Novus Ag.
The company's agricultural business manages $4.2 billion in assets and oversees 400,000 acres across Australia, Canada, Chile, and the United States. Oliver Williams, the former Global Head of Agriculture Investments, will transition to a strategic advisor role to ensure continuity.
As one of the world's leading natural capital investment managers, Manulife IM's agriculture platform offers customized, vertically integrated, sustainable agricultural investment solutions across various commodity types and agriculture "plus" investments.
Manulife Financial Corporation (MFC) announced the election results of 13 directors at its Annual Meeting of Shareholders. All nominated directors were successfully elected with overwhelming shareholder support, receiving approval rates ranging from 97.10% to 99.82% of votes cast.
Notable elections include John S. Montalbano and Philip J. Witherington, who received the highest approval rates at 99.82%, while Donald R. Lindsay received the lowest, though still strong, approval rate at 97.10%. The detailed voting results for all matters discussed at the Annual Meeting will be available on Manulife's website and filed with Canadian and U.S. securities regulators.
Manulife Financial Corporation (MFC) has announced quarterly dividend payments for its non-cumulative preferred shares. The dividends will be payable on or after June 19, 2025 to shareholders of record as of May 21, 2025. The dividend rates vary across different share classes:
- Class A Series 2: $0.29063 per share - Class A Series 3: $0.28125 per share - Class 1 Series (ranging from 3 to 25): $0.14675 to $0.396875 per share
This announcement demonstrates Manulife's commitment to providing regular returns to its preferred shareholders.Manulife (MFC) has announced its latest quarterly dividend for common shareholders. The company's Board of Directors has declared a dividend of $0.44 per share, which will be payable on June 19, 2025, to shareholders of record as of May 21, 2025.
Regarding the company's Canadian and U.S. Dividend Reinvestment and Share Purchase Plans, Manulife will purchase common shares from the open market for dividend reinvestment and optional cash purchases. The purchase price will be determined by the average actual cost of acquiring these shares, with no applicable discounts offered.