Sun Life Receives Regulatory Approval of Normal Course Issuer Bid Renewal
Sun Life Financial received regulatory approval from OSFI and the TSX to renew its normal course issuer bid. The renewed NCIB allows the company to repurchase up to 10,000,000 common shares, representing approximately 1.8% of its outstanding share count.
Key figures
- Shares Offered
- 10000000
- Aum
- 1.58 trillion
- Shares outstanding
- 554255267
- Prior ncib avg price
- 83.33
- Ncib percentage outstanding
- 1.8%
- Prior ncib shares purchased
- 10570915
AI analysis
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