(April 7 – 11:50 ET) – Manulife Financial Corp., Canada’s largest life insurer, will be added to the TSE 300, TSE 100, S&P/TSE 60 and S&P Global 1200 indices after the close of trading today.

“We are very pleased that Manulife is being included in these indices with Canada’s premier equity issuers,” said Dominic D’Alessandro, president and CEO. “Since going public, Manulife has been one of the most liquid shares listed on the TSE and our inclusion on these indices will create additional demand and liquidity for MFC shares.”

Manulife Financial completed its demutualization process and became a public company in September 1999. Its IPO price was $18.00. MFC shares closed yesterday at $22.45, with a market capitalization of $10.82 billion. For the year ended December 31, 1999, earnings per share were $1.75.
-IE Staff