TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its...
TORONTO — Manulife Financial Corp . says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.
The higher buybacks come after a quarter that saw the insurance giant close one major deal to offload holdings with limited growth potential and announce a second that closed in early April. Manulife chief executive Roy Gori said on an earnings call that the company plans to return the $2 billion in capital released by the two deals through share buybacks.These Canadian stocks could help TFSA investors generate solid tax-free capital gains and dividends. The post TFSA: 4 Canadian Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
Given their stable cash flows and high yields, investors can buy these three TSX stocks without thinking twice. The post 3 No-Brainer Stocks I’d Buy Right Now Without Hesitation appeared first on The Motley Fool Canada.The "Magnificent Seven" stocks are certainly impressive, but they're also pricey. Which is why this tech stock is a far better option. The post Forget the “Magnificent Seven”: 1 TSX Tech Stock to Buy Instead appeared first on The Motley Fool Canada.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Manulife reports first-quarter net income of $866 millionTORONTO — Manulife Financial Corp. says first quarter earnings were down from last year because of the effects of a major reinsurance deal. The insurance...
Read more »
Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,728.55, up 14.01 points): Manulife...
Read more »
Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,728.55, up 14.01 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 32 cents, or 1.00 per cent, to $32.43 on 9.
Read more »
New condo sales in the Toronto area drop to low not seen since financial crisisNew condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found.
Read more »
New condo sales in the Toronto area hit low not seen since financial crisisNew condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found.
Read more »
Manulife names Katy Boshart as CEO of banking unitTORONTO — Manulife Financial Corp. says Katy Boshart will take on the role of CEO at Manulife Bank of Canada starting next week. Boshart comes to the firm from TD Bank, where she most recently led its customer engagement platforms division.
Read more »