Sun Life Financial Inc. plans to buy back 29.6 million or about 5% of its common shares in the coming year, the company announced Thursday. In 2004, Sun Life repurchased 10 million shares at an average price of $37.93 each. The company said its 2005 buyback program will start Jan. 12 and continue until Jan. […]
Will match donations from employees and advisors
Businesses transferred to new subsidiary
Insurer plans to grow business in Canada, U.S. and Asia
Move comes in response to new OSFI capital rules
Follows announcement of corporate reorganization
Rising C$ costs insurer $32 million over nine months
The distinctions in the distribution channels are no longer clear as career forces adopt features of the independent channel
Up 19.6% to $438 million; revenue off slightly; S&P affirms ratings
Former Clarica chief Bob Astley is retiring