STOCK TITAN
  1. Home
  2. News
  3. MFC

Manulife Financial Corp. - MFC STOCK NEWS

Welcome to our dedicated news page for Manulife Financial (Ticker: MFC), a resource for investors and traders seeking the latest updates and insights on Manulife Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Manulife Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Manulife Financial's position in the market.

News
Manulife announces Subordinated Debenture issue
Rhea-AI Summary
Manulife Financial Corporation (MFC) plans to issue $1.1 billion in fixed/floating subordinated debentures due 2034. The debentures will bear interest at 5.054% until 2029 and then at 1.44% over Daily Compounded CORRA. The offering is led by RBC Capital Markets, BMO Capital Markets, and CIBC Capital Markets, expected to close on February 23, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
none
-
News
Manulife announces Normal Course Issuer Bid
Rhea-AI Summary
Manulife Financial Corporation (MFC) has received approval for a normal course issuer bid to repurchase up to 50 million common shares, aiming to maintain healthy regulatory capital ratios and enhance shareholder value. The bid allows purchases on the TSX, NYSE, and alternative trading systems in Canada and the US, with repurchases subject to compliance with securities laws. Manulife may also acquire shares through private agreements and derivative-based programs, not exceeding 50 million shares in total.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
none
-
News
Manulife files 2023 Audited Annual Financial Statements and Related MD&A
Rhea-AI Summary
Manulife Financial Corporation files its 2023 audited annual financial statements, providing transparency to shareholders. The information is accessible online and in hard copy for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.54%
Tags
none
News
Manulife declares preferred share dividends
Rhea-AI Summary
Manulife's Board of Directors declares quarterly dividends on various preferred shares of Manulife Financial Corporation, with payments scheduled for March 19, 2024. The dividends range from $0.14675 to $0.402395 per share across different series.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.54%
Tags
dividends
-
News
Manulife increases common shareholders'; dividend by 9.6%
Rhea-AI Summary
Manulife's Board of Directors increases quarterly dividend by 9.6% to $0.40 per share, payable on March 19, 2024. The Company will repurchase common shares for its Dividend Reinvestment and Share Purchase Plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.54%
Tags
dividends
-
News
Manulife Reports Full Year and Fourth Quarter 2023 Results
Rhea-AI Summary
Manulife Financial Corporation reported strong financial results for full year 2023 and fourth quarter 2023, with double-digit growth in core EPS and core earnings. They declared a 9.6% increase in common share dividend. Key highlights include net income attributed to shareholders of $5.1 billion in 2023, up from $1.6 billion in 2022, and core earnings of $6.7 billion in 2023, up 13% from 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.54%
Tags
earnings
News
Manulife Investment Management Names Anne Valentine Andrews as Global Head of Private Markets
Rhea-AI Summary
Manulife Investment Management (Manulife IM) has announced Anne Valentine Andrews will join as Global Head of Private Markets. With over 25 years of experience, she will lead the investment teams and strategy, working closely with the global product group and business leads to drive private market product innovation. Ms. Valentine Andrews joins from BlackRock, where she was Managing Director, Global Head of Infrastructure and Real Estate. Manulife IM currently manages approximately $120 billion USD of private markets assets and is recognized as the world's largest natural capital investment manager.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.83%
Tags
none
-
News
John Hancock Investment Management Files Initial Registration Statement for New High Yield ETF Subadvised by Marathon Asset Management
Rhea-AI Summary
John Hancock Investment Management, a company of Manulife Investment Management, filed an initial registration statement for a new actively managed John Hancock High Yield ETF, expected to launch this year. The ETF will be subadvised by Marathon Asset Management LP and aims to maximize current income while seeking capital appreciation. It will invest at least 80% of its net assets in U.S.-dollar-denominated high-yield corporate bonds. The ETF suite of John Hancock Investment Management totals 13 funds with over $6 billion in assets under management as of 12/31/2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
-
News
Manulife to Release Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Manulife Financial Corporation is set to release its fourth quarter and full year 2023 financial results on February 14, 2024. The company will host a live webcast and conference call on February 15, 2024, where the executive leadership team will discuss the results and answer questions from analysts. The archived webcast and call replay will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
earnings
News
Manulife Investment Management Publishes Inaugural TNFD Aligned Nature-related Disclosure for Timberland and Agriculture
Rhea-AI Summary
Manulife Investment Management (MFC) has published its inaugural timberland and agriculture nature disclosure, aligned with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD). The report outlines the responsible approach to stewardship of timberland and agricultural assets, totaling over $15 billion. Manulife IM has supported the TNFD since its early stages, championing the release of the TNFD's final recommendations and reporting framework. The TNFD aims to bring changes to the culture and actions of companies and financial institutions through risk management and mainstream corporate reporting as it relates to nature-related assessment and disclosure. Manulife IM believes independent third-party sustainability certification is a comprehensive mechanism for demonstrating sustainable asset management. Long-term thinking is fundamental to timberland and agriculture investment management, with financial models and asset management plans forecast over 50 years for timberland and 10 to 30 years for agriculture.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
Stock MFC logo
Manulife Financial Corp.

NYSE:MFC

MFC Rankings

#287 Ranked by Market Cap
#1793 Ranked by Stock Gains
#407 Ranked by Dividends

MFC Stock Data

42.15B
1.80B
0.02%
57.08%
0.42%
Direct Life Insurance Carriers
Finance and Insurance
Link
Canada
Toronto

About MFC

Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division.