TSX:MFCInsurance
Manulife Financial (TSX:MFC) Is Down 5.0% After Surging Q1 Profit And Aggressive Buybacks - Has The Bull Case Changed?
In May 2026, Manulife Financial reported past first‑quarter 2026 net income of C$1.19 billion versus C$557 million a year earlier, alongside higher earnings per share, confirmed a C$0.485 common dividend, detailed preferred dividends, and completed share repurchases totaling 7,500,000 shares for C$365.5 million under two buyback programs.
This combination of stronger profitability, ongoing cash returns through dividends, and reduced share count underscores management’s focus on capital...