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Stock impact report

Manulife Amends its Normal Course Issuer Bid to Repurchase for Cancellation up to an Additional 59 Million of its Common Shares

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: PR Newswire
C$ unless otherwise stated                               TSX/NYSE/PSE: MFC  SEHK: 945 TORONTO, Feb. 19, 2019 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that the Toronto Stock Exchange ("TSX") has approved Manulife's amended normal course issuer bid ("NCIB"). As previously announced, the purpose of the amendment is to increase the number of common shares that Manulife may repurchase from 40 million (approximately 2% of Manulife's 1,984,717,416 issued and outstanding shares as at October 31, 2018) to 99 million (approximately 5% of shares outstanding as at October 31, 2018). Manulife has completed the repurchase of 30,586,449 common shares for cancellation since the commencement of its current NCIB, at a volume weighted average repurchase price per common share of $20.5244. To date, all repurchases have been made through the facilities of the TSX and the CHI-X. No other terms of the NCIB are amended. The Office of the Superintendent of Financial Institut Show less Read more
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