Sun Life Financial Services of Canada Inc. has given notice of its intention to delist its common shares from the London Stock Exchange, effective May 8.

The decision to cancel the company’s secondary listing on the London Stock Exchange was based on low trading volume and the cost required to maintain this listing.

Sun Life will maintain its primary listings on both the Toronto Stock Exchange and New York Stock Exchange to provide ongoing liquidity for shareholders world-wide. It will also maintain a secondary listing on the Philippine Stock Exchange, where it is often one of the most actively traded issues.