Dividends & Buybacks ·
Sun Life Financial Inc. announced on August 14, 2026, that it will not exercise its right to redeem its Class A…
SLFSun Life Financial Inc
Sun Life Financial Inc. announced on August 14, 2026, that it will not exercise its right to redeem its Class A Non-Cumulative Rate Reset Preferred Shares Series 10R or its Class A Non-Cumulative Floating Rate Preferred Shares Series 11QR on September 30, 2026. Consequently, holders of Series 10R shares have the right to convert them into Series 11QR shares, and vice versa, on a one-for-one basis on that date. If fewer than one million shares of either series remain outstanding after conversion, all remaining shares of that series will be automatically converted into the other series. The dividend rate for Series 10R for the period September 30, 2026, to September 29, 2031, and for Series 11QR for the three-month period ending December 30, 2026, will be determined on August 31, 2026. Sun Life operates in the international financial services industry, providing asset management, wealth, insurance, and health solutions.