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 reports developments across its international insurance, financial advice, health solutions, and wealth and asset management businesses. The company operates as Manulife in Canada and Asia and primarily as John Hancock in the United States, with news commonly covering insurance distribution, retirement services, investment solutions, customer health and longevity initiatives, and community programs.
Recurring updates also include quarterly and annual results, dividend announcements, annual meeting materials, management information circulars, shareholder voting matters, executive conference participation, and capital actions involving common and preferred shares. News from John Hancock adds detail on U.S. insurance sales, executive benefits, the John Hancock Vitality program, and longevity-focused research and planning tools.
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.
Manulife (MFC) has released its 2024 Sustainability Report and Public Accountability Statement, highlighting several key initiatives. The company launched a US$480 million Forest Climate Fund and partnered with Uplink to support longevity innovation through annual challenges, offering $50,000 to each of ten winning startups. Notable partnerships include collaborations with MIT AgeLab for longevity research, CAMH for women's mental health research, and Mind HK for mental health awareness.
The company expanded its financial literacy programs, including the Smart$ense campaign in the US, and established Responsible AI Principles to ensure ethical AI development. Serving over 36 million customers globally, Manulife focuses on three main areas: empowering health and wellbeing, driving inclusive economic opportunity, and accelerating a sustainable future.
Manulife Financial (MFC) has announced it will release its first quarter 2025 financial results after market close on Wednesday, May 7, 2025. The company will host a live webcast and conference call on Thursday, May 8, 2025, at 8:00 a.m. (ET), where the executive leadership team will discuss the results and conduct a Q&A session with analysts.
The conference call can be accessed via phone at 1-800-806-5484 or 1-416-340-2217 (Passcode: 3499479#). The archived webcast will be available on Manulife's investor relations website, and a replay will be accessible until June 7, 2025, by dialing 1-800-408-3053 or 1-905-694-9451 (Passcode: 9456881#).
Manulife Investment Management has successfully closed Manulife Private Equity Partners III with approximately US$660 million in commitments. The fund, representing the company's third private equity fund of funds, was established in partnership with Ardian, featuring a portfolio of private equity fund interests and co-investments in North American buyout funds with over 15 leading private equity managers.
The fund will be managed by Richard Tarr, Managing Director of Private Equity Funds at Manulife IM. The company's private equity and credit platform currently manages US$28 billion in assets, including $9.3 billion of unfunded commitments, focusing on various strategies across North America and Asia middle markets as of December 31, 2024.
Manulife (MFC) has announced key leadership changes, with Stephanie Fadous appointed as Chief Actuary effective May 9, 2025. Fadous, currently Global Treasurer and Head of Capital Management, will succeed Steve Finch, who becomes President and CEO of Manulife Asia. She will join the Executive Leadership Team, reporting to incoming President and CEO Phil Witherington.
Fadous brings extensive experience, having led Manulife's global IFRS 17 and IFRS 9 implementation and held various roles in Global Finance, Group Actuarial, Corporate Development, and Asset Liability Management. She holds a BSc in Actuarial Science and is a Fellow of the Canadian Institute of Actuaries and Society of Actuaries.
Additionally, Hung Ko, currently Global Head of Investor Relations, will assume an expanded role as Global Head of Treasury and Investor Relations. Ko has over 20 years of insurance industry experience and holds an MBA from McGill University, along with CFA and CPA credentials.