Sun Life Finl Stock Price, News & Analysis

Sun Life Financial Inc. (TSX: SLF, NYSE: SLF) cautions shareholders about an unsolicited mini-tender offer from Obatan LLC, priced 35.7% lower than market value. The offer targets up to 50,000 common shares and is not endorsed by Sun Life. Securities regulators in Canada and the U.S. advise caution regarding mini-tender offers due to potential investor confusion and the likelihood of below-market pricing. Shareholders can withdraw their shares until May 31, 2022, but should consult their advisors before making decisions.

On April 5, 2022, Sun Life Indonesia and CIMB Niaga announced a deepened partnership in Indonesia, now extending their collaboration for 15 years starting January 2025. This agreement enhances Sun Life's insurance offerings through all CIMB Niaga channels, leveraging a broad network of 427 branches serving 7 million customers. The partnership aims to address the growing insurance needs of Indonesia's emerging middle class, marking a significant strategy to expand Sun Life's distribution capacity and enhance customer value.

Sun Life and the Boston Celtics celebrated the successful conclusion of the Fit to Win program, a four-week initiative designed for YMCA children in grades 3-6. The hybrid model allowed participation both at home and in local YMCA gyms, encouraging fitness and healthy habits. Participants showed increased exercise frequency and fruit and vegetable consumption through surveys. This year’s program also launched a 'Captain of the Week' initiative to recognize participants. Sun Life continues to support community wellness initiatives in partnership with the Celtics and YMCA of Greater Boston.

Sun Life Financial Inc. (TSX: SLF) announced its Annual Meeting of shareholders and voting policyholders will take place on May 11, 2022, either virtually or in person, depending on COVID-19 guidelines. Shareholders are encouraged to vote in advance and can submit questions during the virtual meeting. The meeting materials, including the 2021 Annual Report, are available online. The company also reported that board members William D. Anderson and Martin J. G. Glynn will retire, while Scott F. Powers will succeed Anderson as Chair of the Board.

Sun Life Financial's CFO, Manjit Singh, will participate in a fireside chat at the National Bank Financial Markets 20^th Annual Financial Services Conference on March 23, 2022, at 11:40 a.m. ET. A live webcast can be accessed at www.sunlife.com/NationalBankConference. Post-event, the recording will be available on the Sun Life website. The company, with $1.44 trillion in assets under management as of December 31, 2021, trades on TSX and NYSE under the ticker SLF.

Manjit Singh, EVP & Chief Financial Officer of Sun Life, will participate in the RBC Capital Markets Global Financial Institutions Conference on March 9, 2022, at 8:40 a.m. ET. This virtual event will include a fireside chat with RBC's Darko Mihelic. Interested parties can access the live webcast at www.sunlife.com/RBCGlobalFinancialConference, which will be archived post-event. Sun Life is a global financial services organization with over $1.44 trillion in assets under management as of December 31, 2021.

Sun Life U.S. has introduced Benefits Explorer, a digital platform designed to support employees during benefits enrollment. This innovative tool offers access to live benefits counselors and helps users navigate their options all year long. The launch responds to a strong demand for ongoing benefits education, with 85% of employers favoring such initiatives, as highlighted in a recent survey. Benefits Explorer aims to enhance decision-making for employees by providing tailored content and resources for informed choices.

On February 24, 2022, Sun Life executive leaders, including President and CEO Kevin Strain and SVP Alanna Boyd, will participate in a virtual fireside chat at the RBC Capital Markets Global Environmental, Social and Governance Conference at 9:45 a.m. ET. Interested parties can access the live webcast at www.sunlife.com/RBCESGconference, which will also be archived post-event. Sun Life Financial, trading under the symbol SLF, offers diverse financial services globally, with total assets under management of $1.44 trillion as of December 31, 2021.